Overview
- On 29 Oct, Diário do Nordeste reported the U.S. dollar at R$5.35 for commercial transactions and R$5.57 for tourism.
- The euro was quoted the same day at R$6.22 for commercial use and R$6.50 for tourism, according to the outlet.
- O Antagonista on 30 Oct cited the dollar commercial rate at approximately R$5.36 in early trading.
- Commercial rates apply to trade, institutional transfers and investments, whereas tourism rates serve individual travelers and personal spending abroad.
- Tourism pricing typically exceeds commercial quotes due to taxes, operational fees, vendor margins and IOF on consumer currency operations.