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Money Currency:
Real (R$) = 100 Centavos. Notes are in denominations of R$100, 50, 20, 10 and 5. Coins are in denominations of R$1, and 50, 25, 10, 5 and 1 centavos. Currency exchange: All banks and cambios
exchange recognised travellers cheques and foreign currency. Credit cards:
MasterCard, American Express, Diners Club and Visa are accepted. Check with your credit card company for details of merchant acceptability and other services which may be available. Travellers cheques:
Exchangeable at hotels, banks and tourist agencies. Tourists cannot exchange US travellers cheques for US banknotes but they can, however, benefit from a 15% discount when paying hotel or restaurant bills in foreign currency or travellers cheques.
To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars. Exchange rate indicators against Sterling and the US Dollar:
|
|
Mar'98 |
Aug'98 |
Oct'98 |
Apr'99 |
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£1.00= |
1.87 |
1.17 |
2.00 |
2.76 |
|
$1.00= |
1.13 |
1.91 |
1.19 |
1.72 |
Currency restrictions: The import and export of local currency is unlimited. The import of foreign currency is
unlimited, provided amounts over US$1000 are declared on arrival; the export of foreign currency is limited to US$4000 per person (amounts in excess need special approval from the Brazilian Central Bank).
Banking hours: 1000-1630 Monday to Friday. |
