CIFARP
Pharmaceutical sciences in an emerging economy: Challenges for a sustainable world

Monetary Information

The Brazilian currency is Real. Exchange rates of Brazilian Real are approximately:

US$ 1.00 (Dollar) = 3.55 BR (Brazilian Real) and 1.00 € = 3.60 BR. Please, check the exchange rates before your trip since they vary on a daily basis. Brazilian bills are: $2, $5, $10, $50 and $100, and coins are: $1, 0.50, 0.25, 0.10 and 0.05 cents.

Banks in Brazil are open from 10:00 – 16:00 Monday to Friday. Most banks are closed weekends but automatic teller machines are open 24 hours and are located all around the city. Facilities for currency exchange are available at the airport, larger hotels and banks.

Credit cards are widely accepted in hotels, restaurants, bars and shopping malls. The recognized cards include VISA, MASTERCARD, AMERICAN EXPRESS and DINNERS.

Brazil applies taxes to the purchase of goods and services called ICMS and ISS. The taxes are already included in the advertised prices.

Tipping is not regulated in Brazil; it is a prerogative, a reward for the service. It is customary to tip hotel porters. In restaurants and bars a 10% service charge is already included in your bill, so it is not necessary to give tips.

 

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