The currency used in Brazil is called the Real (R$) (pronounced Ray-all; the plural is Reais, pronounced Ray-eyes).
Brazilian bills come in denominations of $ 2, $5, $10, $20 $ 50 and $100.Coins are 5 cents, 10 cents, 25 cents, 50cents and 1 real. The Real foreign exchange rate is published daily in the newspapers and other specialized websites. Foreign currency in Brazil may be exchanged at banks, travel agencies and authorized hotels. Travellers’ cheques as well as currencies are easily exchanged at these locations. International credit cards are accepted at most hotels, restaurants, stores, travel agencies, car rental companies and other companies that render services to tourists. A floating exchange rate is used.

TRAVELER' CHECKS
Traveler's checks aren't a very good idea in Brazil. Most shops won't accept them, hotels give a miserable exchange rate (if they cash them), and many banks have a strange policy that they will not cash your traveler's checks unless you have an account at that branch of that bank. The Banco do Brasil is the only bank that will cash them with a minimum of hassle but will charge a US$20 service fee.
Better exchange for American and Europe travelers for 2019- 2020
The Brazilian currency has remained reasonably stable. From November 2006 to April 2007, the American dollar maintained an average exchange rate of R$ 3,60 according to information provided by the Brazilian Central Bank.For 2019 and 2020 is expected the exchange rate of R$ 3.80 up to R$ 3.90 per dollar, which means cheap vacations for American and Europe tourists.

Tip: When exchanging money, be it cash or traveler's checks, always keep the receipt. You will need it in case you want to change back any unused Reais at the end of your trip. See online for an easy currency converter.

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Brazil finance, Brazil currency exchange, brazilian real, brazil money, brasilien currency.

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