Members likeohmygod Posted October 24, 2016 Members Share Posted October 24, 2016 At the beginning of June 2016, 1 USD was buying 3.61 BRL. At this moment it's 1USD = 3.117 BRL. It's a 13% loss in just 4 months. A 3.5% was lost during the last week. I am seriously considering the idea of buying a couple of thousand reals right now. What do you think? Quote Link to comment Share on other sites More sharing options...
Badboy81 Posted October 25, 2016 Share Posted October 25, 2016 Still a win win for those of us using dollars.. Quote Link to comment Share on other sites More sharing options...
Guest bobbalino Posted October 25, 2016 Share Posted October 25, 2016 I just bought a batch by necessity for an imminent trip ... to supplement a sizeable leftover bundle from earlier in the year. So overall did OK on balance. I decided to hold off purchasing reais for snowbirding in the new year. The recent blip may be partly due to a one-week legally mandated deadline for overseas money repatriation by Brazilians into Brazil, that investment infusion augmenting an already improving economy. It could level out or gain some more. The forecasts in economically and politically turbulent Spring ranged from 2.5 to 5 ... what's the point of attempting to second-guess, I have to wonder? Quote Link to comment Share on other sites More sharing options...
Guest bobbalino Posted October 25, 2016 Share Posted October 25, 2016 And USD continues to pound pounds, usurp euros, lunch on loonies, and over the long haul anyway, outpace pesos. Mexico, Colombia, and Brazil this winter will involve some belt-tightening. Quote Link to comment Share on other sites More sharing options...
Guest bobbalino Posted October 25, 2016 Share Posted October 25, 2016 I received a PM asking me to clarify "belt-tightening" this winter ... all I meant was that compared to last winter the 3 currencies MEX, COL, BRZ have strengthened. I am not forecasting anything. Quote Link to comment Share on other sites More sharing options...
Guest bobbalino Posted November 2, 2016 Share Posted November 2, 2016 Recovery past week on buying power for $R (eg, Euro 6%), so was no need to rush out and purchase. Quote Link to comment Share on other sites More sharing options...
Members likeohmygod Posted November 2, 2016 Author Members Share Posted November 2, 2016 Noticed...BRL it's an extremely volatile currency...wow. Quote Link to comment Share on other sites More sharing options...
Tomcal Posted November 2, 2016 Share Posted November 2, 2016 I have been to brazil when the dollar was 1.00US to 4.00R and i have been there when it was $1.00US to $1.50R so it is still much better then it has been in 2009 - 2014. But no matter what it was it never kept me from going! :-) it just meant my brazilian trips were more expensive then other times! ferrar 1 Quote Link to comment Share on other sites More sharing options...
Guest bobbalino Posted November 2, 2016 Share Posted November 2, 2016 I second that emotion. The latest average Rio monthly income is $397 USD, well below national average, with one-third below their poverty-line standard. I do not begrudge any strengthening the real brings to bear on that unfortunate real-ity. Quote Link to comment Share on other sites More sharing options...
Members ferrar Posted November 3, 2016 Members Share Posted November 3, 2016 The Real has long been emerging markets' most volatile currency - and, according to Bloomberg, this year is no different. So stop fixating, fasten your seat belt, and enjoy the ride. axiom2001 1 Quote Link to comment Share on other sites More sharing options...
Members Lucky Posted November 11, 2016 Members Share Posted November 11, 2016 Dollar down, airfares up! Almost $1400 to fly to Rio from Palm Springs. We used to be able to get frequent flyer awards in coach for 40,000 miles R/T. Today they wanted 150,000...no kidding! Quote Link to comment Share on other sites More sharing options...
Members likeohmygod Posted November 11, 2016 Author Members Share Posted November 11, 2016 1400 USD for a seat in Premium Economy...i hope. I got my economy class round trip ticket from Italy to Rio for just 600€ Tomcal and axiom2001 2 Quote Link to comment Share on other sites More sharing options...
Members JunNJ Posted November 12, 2016 Members Share Posted November 12, 2016 it's 1USD to R$3.4 as of Friday!, sudden drop of Reals. I hope they will stay for sometime because I am coming to Brazil this Friday the 18th! Hope to meet fellow forum member in SP Thermas Lagoa also this weekend Lucky 1 Quote Link to comment Share on other sites More sharing options...
Members Lucky Posted November 13, 2016 Members Share Posted November 13, 2016 On 11/11/2016 at 5:45 AM, likeohmygod said: 1400 USD for a seat in Premium Economy...i hope. I got my economy class round trip ticket from Italy to Rio for just 600€ No, those seats are for regular economy. I am looking at next summer, so the fares are probably not going to go down until capacity can't be reached at these fares. Quote Link to comment Share on other sites More sharing options...
Guest KevinC Posted November 22, 2016 Share Posted November 22, 2016 On 11/10/2016 at 8:20 PM, Lucky said: Dollar down, airfares up! Almost $1400 to fly to Rio from Palm Springs. We used to be able to get frequent flyer awards in coach for 40,000 miles R/T. Today they wanted 150,000...no kidding! This seems to be the peak holiday price. If you avoid flying between December 15th and Jan 15th, you can easily get the fare below USD$900. Quote Link to comment Share on other sites More sharing options...
Members Lucky Posted November 23, 2016 Members Share Posted November 23, 2016 Thanks, Kevin C. I have just been checking AA.com, since we always fly American. The prices I quoted are for next summer. AA has moved their newer planes to other routes, so Rio is getting the old ones. Naturally that costs more! Quote Link to comment Share on other sites More sharing options...
