FAQs - Brazilian Real - US dollar exchange
Do you want to change your Brazilian Real into US dollar but still have doubts? Find your answers here or else contact us, we are ready to help!1) What is the exchange rate from Brazilian Real to US dollar?
Exchange rates fluctuate and change daily. You can check the exchange rate for today on this website or in any of our branches. Anyhow, please bear in mind that by ordering online your currency for collection at our branches in Brazil, you get a 15% off, deducted from the exchange margin. Therefore, it is always more advisable to book online and collect and pay at the airport the day you travel.
We currently do not charge any service fees for any of our currency exchange transactions In Brazil. Remember that placing an online reservation saves you time and money.
No, the exchange rate we offer on our website is different from the rate we offer in our branches at Brazil. When you order your money via our website we guarantee you a 15% off the exchange margin of the airport. Remember that by ordering online you will pay your online reservation directly at the airport, the day you travel, benefiting from this 15% off. If the day you collect your order in our branches the exchange rate offered was better than the rate on which you ordered your money, we will apply the most favourable rate for you.
After placing your online order, you'll be able to collect it and pay for it at any of our branches in Brazil. Besides getting the best exchange rate for your online exchange (more travel cash for the same price), this service allows you to save time and reduce anxiety, as you will have the currency you need ready for your trip abroad.
The exchange rates you can see on your mobile phone come from Internet currency converters. These rates are for currency wholesalers (foreign exchange transactions for financial and international trade companies), not for the public. Those cheaper rates are for the foreign exchange operations (FX market), not for currency exchange operations cash-to-cash. For this reason, in the companies that offer the service of change you will never find the same change published in the converters but the one that each company has fixed according to the characteristics of their service.
Foreign exchange (Forex or FX, for short) is the market that establishes the value of the currencies in which international transactions will be performed, at a wholesale level. Currency exchange, on the other hand, is the market in which individual currencies are sold in retail on a certain price depending on demand. Currency exchange entails cash transactions, thus adding logistic costs, and therefore their exchange rates are somewhat "worse" than the Forex rates, which only move money between accounts.
Banks charge a margin, plus a commission and you have to visit them at least twice: to order the money and to collect it. At Global Exchange you can order online and collect and pay your currency at the airport before you fly, with a 15% off the exchange margin. Therefore, the online price is lower than the one you get when you change in person at the airport (you get more foreign currency for the same amount you pay).
Why changing currency with us is better than with your bank?
|Global Exchange||Your high-street bank|
|Variety of currencies||We have more than 25 currencies. We are specialists.||Only major currencies. Travel money is just a secondary business for banks.|
|Availability of currencies||Immediate availability of currencies in our branches. Click and collect or walk in to our stores.||If they can actually get your exotic currency, prepare for a couple of visits to your bank before you can have the money on your hands.|
|Expenses||If you book online, you save 15% on the exchange margin and pay at the airport the collection day.||The bank sets its own margin plus a commission.|
|Different denominations available||At Global Exchange, you’ll get a variety of banknotes with different values, adapted to all your payment needs.||No. Prepare for refusals and complaints in foreign languages when paying with «big» banknotes.|
|Delivery options||Order online to benefit from a price reduction and collect at the branch of your choice.||You’ll have to go first to your bank to order the currency you need, then wait for it to come and go back again to collect it.|