Brazil Money

Currency

Real/Reais (BRL; symbol R$) = 100 centavos. Notes are in denominations of R$100, 50, 10, 5, 2 and 1. Coins are in denominations of R$1, and 50, 25, 10, 5, and 1 centavos.

Currency Exchange

All banks, cambios, travel agencies and authorised hotels exchange recognised traveller's cheques and foreign currency. The US Dollar is the most widely accepted foreign currency.

Credit/Debit Cards and ATMs

Most major international credit cards are accepted (Visa more so than other cards), though not universally. There is an extensive network of ATMs around the country.

Traveller's Cheques

Traveller's cheques are becoming increasingly difficult to cash and visitors will find that they often lose money when doing so. Withdrawing cash directly from ATMs is preferable. Banks will not cash traveller's cheques into foreign currency, including US Dollars. Some hotels will accept payment in traveller's cheques.

Banking Hours

Mon-Fri 1000-1600.

Exchange Rate Indicators

1.00 GBP = 2.87 BRL
1.00 USD = 1.72 BRL
1.00 EUR = 2.56 BRL
Currency conversion rates as of16 November 2009
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