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Brazilian Real is the official currency of the Federative Republic of Brazil. The Real is represented by the symbol R$ and by the abbreviation BRL The Brazilian Real is further subdivided into Centavos. One Brazilian Real is equal to 100 Centavos. The banknotes and coins are issued by the Central Bank of Brazil. The banknotes ranging from 2 Real to 100 Real and coins of 5, 10, 20, 50 Centavos and 1 Real are issued by the bank. The exchange rate of Brazilian Real can range in between 18-20 Indian Rupees. You can find live exchange rates of Brazilian Real to Indian Rupees here.
Brazil is the largest country in South America. It is known as the breadbasket of the world. Brazil is one of the world’s largest agricultural producers in the world. The country has been the largest producer of coffee in the world for decades. Because of the presence of the Amazon rainforests and river, the country has a diverse flora and fauna. The Amazon itself has attracted the world towards it. Brazil has a lot to offer to someone visiting the country. Brazil is one of the vibrant places in the world. It always important to carry the local currency whenever you visit a country. Though forex cards are the preferred mode of transaction by most travellers. It is also important to keep some cash for taxis and local markets. Brazil is one of the countries in the world with a lot of crime rates. So it is always advised to keep minimum cash as possible. ATMs are available that can accept your native cards that are equipped with an electronic chip to dispense local currency. Obtaining Brazilian Real from India is quite difficult because of the low demand and it is one of the least transacted currencies. So it is best to convert INR to USD so that you can convert USD to BRL in Brazil.
It is always best to exchange USD for Brazilian Real outside the airports because airports do not always offer the best exchange rates. Brazilian exchange houses are called ‘Cambios’, they always offer the best exchange rates. Always ensure that the cash you carry to exchange is quite new, whether its USD or Euro. And obtain the Brazilian Real in smaller denominations mostly in 10s or 20s since that makes it easier to make payments. For USD the exchange rates can be between 3-4 BRL. Cambios are always found in the main street displaying the exchange rates for various currencies against the Brazilian Reals.
|Centavos( 1 Real= 100 Cents)
|2, 5, 10, 20, 50, 100 R$
|5, 10, 25, 50 centavos, 1 R$
Brazilian Real is not a popular or widely transacted currency in India, so the availability of the currency is questionable. Even though Brazilian currency is found in any banks or exchange houses, the exchange rate for the Brazilian currency against Indian Rupee will be poor. So the best method is to convert Indian Rupee to USD and then convert the USD to BRL in Brazil. This way you can obtain much better exchange rates. Often the Brazilian cambios provide the best exchange rate for USD against BRL. You can easily convert INR to USD with the help of Extravelmoney.com. We can help you find the vendor with the best exchange rate in your region in India. Find the vendor in your region and place the order online. Our customer service executive will contact you for completing the order. Payment can be made online and on request, the vendor can even provide doorstep services in delivering the forex to your home and pick up the KYC documents required for the exchange.
The Brazilian Real is the legal tender of Brazil only. Unlike USD or Euro, it cannot be exchanged anywhere in India. This is because of the low demand and popularity of the Real in the Indian market. So if you have Brazilian currency in your wallet before you leave the country, it is always wise to either spend the money or exchange the currency in any Brazilian cambios for USD. The USD can be exchanged anywhere in India on arrival. Extravelmoney.com can help you find the best exchange rates for USD against INR in your region. Choose from the list of vendors and their exchange rates on our website and place your order. With the help of customer care executive, you can complete the order. It is even possible to avail doorstep services from the vendor on request. The vendor can pick up the forex currency and the KYC documents from your home.
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