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Dollar in Brazil Quoted at R$5.38 Commercial and R$5.59 Tourism

Tourism quotes run higher because purchases include IOF tax plus retail fees.

Overview

  • Diário do Nordeste reported late on Oct. 30 that the dollar stood at R$5.38 for commercial transactions and R$5.59 for tourism exchanges.
  • OAntagonista earlier the same day cited the commercial dollar near R$5.36, highlighting normal intraday variation across providers.
  • The euro was quoted on Oct. 29 at R$6.22 for commercial use and R$6.50 for tourism, offering a recent benchmark for travelers and businesses.
  • Commercial rates apply to corporate and institutional cross‑border operations, while tourism rates serve individuals and run higher due to IOF and retail margins from banks and exchange houses.
  • Coverage ties currency moves to U.S. interest‑rate trends, Brazil’s fiscal and economic backdrop, and trade flows, which in turn shape travel costs, import prices, and exporter competitiveness.