What currency is used in Brazil?

The official currency and legal tender of Brazil is the Brazilian real

If you're planning a trip to Brazil, you'll want to take their official currency which is the Brazilian real.

Like most South American countries you can use US Dollars to pay for things, however, not all vendors will accept US Dollars in Brazil and it is likely that if they do accept US Dollars you will be paying inflated prices so that vendors can cover the costs of having to convert and bank the US currency at the end of the day.

If you can pay for your meal or taxis with US Dollars then the vendor will most likely give you your change back in the local currency using Brazilian Reals. We always advise our customers to take local currency to any country that they are visiting as this will enable you to get the best deals when paying for things in cash locally.

In Brazil the local currency is Brazilian Reals and even with the Brazilian economy currently growing at a faster rate than most global countries the British pound still remains quite strong against the Brazilian Real allowing you to get good value for your money when visiting the country.

Most people that travel to Brazil from the UK usually need a budget of around R$435 Brazilian Reals per day which is roughly £120 per day to help cover general costs like food and travel around the country. Based on our unique data from last year the average traveller going to Brazil purchased around R$2600 Brazilian Reals which is roughly £730.

If for any reason you come back from your holiday with left over Brazilian Reals currency you can always use our currency buy back service which compares all the buy-back suppliers in the UK which enables you to get the best deal possible on left over travel money. Going to Brazil for a holiday or business travel? Why not compare the best exchange rates and suppliers for the Brazilian Real!

Adam Silveston

Adam is a writer for Compare Holiday Money.

Published on 4 February 2014
Brazil, Brl, Brazilian Real

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