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When was the last time the exchange rate was this favorable to us?

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Approaching 09/23/15 record. Local providers should be alerted to raise rates. 

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9 hours ago, ihpguy said:

On the Journal here in São Paulo last night, cambios were offering 4.60 reais per dollar

Surely, you must mean 4.06 reais per US dollar, or at the most, 4.16. Today’s exchange rate is 4:16:1.

 

B50DB4BC-43E9-42F5-9ACF-AF69CC9C67A6.jpeg

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The real story is the past 10 years, even 5 years. Nothing has changed over one year (red line). Bag-'o'-Ass can no longer ride on a brief post-election upswing that simply reflected longterm currency instability. 

IMG_8903.PNG

Edited by Riobard
Correction

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In contrast, Brazilians who can afford to invest and are content to spend domestically are doing OK, the index doubling over the past 3 or so years.

IMG_3184.PNG

IMG_3184.PNG

Edited by Riobard

  • Active Members

Sorry, cannot eradicate the duplicate graph. But smart garotos squirreled away their pay envelopes.

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Nope. Ah some of the câmbios, people are desperate to get rid of the reais and buy dollars. Journal Globo was reporting last week that the rate at the cambios was 4.60

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