Members mvan1 Posted March 7, 2015 Members Posted March 7, 2015 Convert United States Dollar to Brazilian Real | USD to BRL Latest Exchange Rates - March 6, 2015 close of day: 1 United States Dollar = 3.06179 Brazilian Real TotallyOz 1 Quote
Members mvan1 Posted March 10, 2015 Author Members Posted March 10, 2015 Today = $3.12 R to $1.00 U.S. It almost seems like old times with the Real trading as it is currently - The Real closed this evening at: 1 USD = 3.13924 Earlier in the day, the Real was trading at: 1 USD = 318548 The rate has been fluctuating all day. Sunday, there is a planned (supposedly peaceful) demonstration in the larger cities of Brazil as another attempt to impeach President Roussef. Some economists think that the anticipation of the impeachment demonstration might be influencing the Real to slide so much. On the other hand, probably no one knows the actual or full reason (s) for the Real decline. Unquestionably, for Americans, the decline is good. Not so for the Brazilians. If the lower exchange rates continue, we will be seeing a lot more Americans vacationing in Brazil. lookin 1 Quote
Guest parisrio2000 Posted March 11, 2015 Posted March 11, 2015 Like old times...except the hotels and apartments are still at least 3x as expensive as they were 10 yrs ago. And that's the biggest expense you face going anywhere...unfortunately, as much value as the real has lost, the $ has lost even more, it's just not as apparent... Quote
Members mvan1 Posted March 13, 2015 Author Members Posted March 13, 2015 Like old times...except the hotels and apartments are still at least 3x as expensive as they were 10 yrs ago. And that's the biggest expense you face going anywhere...unfortunately, as much value as the real has lost, the $ has lost even more, it's just not as apparent... Let me amplify my statement - "It almost seems like old times with the Real trading as it is currently." Even though prices for hotels and apartments in Brazil have increased unrealistically, many other items have not increased materially, specifically, garotos. Therefore, even though inflation has caused some items to go beyond the official inflation rate, most garotos have pretty much stayed the same price or only minimally increased. With the increased trading exchange rate, it does almost seem like old times (with respect to engaging garotos). By the way, the Real closed tonight at 3.18 - , Quote
Guest Driver Posted March 16, 2015 Posted March 16, 2015 I would not be surprised if the R$ went to 5 to the £ Currently 4.79 Quote
Members RA1 Posted March 16, 2015 Members Posted March 16, 2015 The USD is basically on the upsurge against most, if not all, other currencies, mostly because of the decline in the price of oil but also because the US economy (sorry as it is) is doing better than most others. Best regards, RA1 Quote
