The dollar is at R$ 5.02, the best time to exchange at the border

The dollar (R$ 5.02) is among the lowest in our 142-day series, which means the real is stronger than ever against the dollar.

For those crossing the border looking to shop in dollars or take advantage of the real’s purchasing power, this translates to: each real yields more guaraníes and Argentine pesos. With the rate of R$ 1 = 1.163 guaraníes and R$ 1 = 303 Argentine pesos, one real equals 1.163 guaraníes or 303 pesos.

What this means for you: If you plan to buy in Ciudad del Este or Puerto Iguazú, now is the best time to exchange reais for dollars or guaraníes, as the real stretches further. Keep in mind that the real also rose 0.7% in Paraguay and 2.7% in Argentina over the same period, reinforcing the advantage of exchanging before crossing.

To confirm the current situation, check the rate on the day you intend to cross the border, as it can change quickly. Use official exchange points at the border or reliable apps that show the dollar rate in reais.

What this means for you: If you are planning a shopping trip, exchange your reais before crossing to take advantage of the best exchange rate. If you are already at the border, look for exchange counters that accept reais and compare rates, as some offer margins lower than the average.

What this means for you: The R$ 5.02 rate means that for every 100 reais you receive 19.92 dollars. If you intend to purchase in dollars, this can significantly reduce the cost of your purchases.

What this means for you: If you intend to buy in Argentine pesos, each real gives 303 pesos, which can be advantageous for souvenirs or local meals.

What this means for you: Remember that the real is also stronger against the guaraní, so if you plan to exchange for guaraníes, the amount will be even higher.

What this means for you: If you will use international credit cards, check whether the card network accepts dollars or pesos, as there may be a conversion fee difference.

What this means for you: If you will use cash, consider that the real is stronger, so buying in dollars or guaraníes may be cheaper.

Read also: Where to exchange money in Ciudad del Este