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Senior Member
Posts: 2065
Originally Posted by
Nounce
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Then why is USD index seems to be going up? And it seems mostly depreciating against those countries with oil export? I am not an expert so I am wondering.
I'm guessing the war in the Ukraine is scaring people into the safety of the dollar. However, the war pushed oil prices higher and that's pushing up the currencies of oil producing countries.
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Senior Member
Posts: 3118
Originally Posted by
OneEyedMan
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The US inflation rate was 7. 5% in January, which is bad for exchange rates. The Fed plans to raise interest rates by a quarter point in March, and higher interest rates are good for exchange rates.
Then why is USD index seems to be going up? And it seems mostly depreciating against those countries with oil export? I am not an expert so I am wondering.
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Senior Member
Posts: 278
Inflation is bad for currency rates
The US inflation rate was 7. 5% in January, which is bad for exchange rates. The Fed plans to raise interest rates by a quarter point in March, and higher interest rates are good for exchange rates.
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Senior Member
Posts: 4077
Regarding exchange rates. I recall once in the mid nineties that the Brazilian real was stronger than the dollar. 1 real cost 1,05 dollar.
I remember my last night in Rio I paid 35 reais for a TLN with a Help girl.
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Senior Member
Posts: 16399
Originally Posted by
Xpartan
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When real was what? I mean how is it different now in $?
$37 at 4x4 sounds a bit low, though.
The money was 3.89 to 1 and 1 chick at 4x4 was 150 reais.
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Senior Member
Posts: 2219
Originally Posted by
MrEnternational
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It was 1 real per minute at privees and VM. 100 reais at Help (although many guys reported paying up to 300) and Meia Pataca. 4x4 was US$37 (because I used to take 2 at a time and it was US$75).
When real was what? I mean how is it different now in $?
$37 at 4 x4 sounds a bit low, though.
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Senior Member
Posts: 3118
Originally Posted by
UniversalX
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...Everybody's pockets are different, so if exchange rates prevent one for traveling well ............. not my problem.
I think you adjust the subject. People will travel. There are plenty of places to go. For that reason, the exchange rate is not a problem for most.
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Senior Member
Posts: 379
Originally Posted by
MrEnternational
[View Original Post]
It was 1 real per minute at privees and VM. 100 reais at Help (although many guys reported paying up to 300) and Meia Pataca. 4x4 was US$37 (because I used to take 2 at a time and it was US$75).
This is exactly what I used to pay. 100 reais at Help was for all night. A few of the hardcore Help girls would try to hit newbies for $100 usd but I never fell for that shit.
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Senior Member
Posts: 191
Originally Posted by
Nounce
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No way I will be in Brazil with 1:1 exchange rate if the price stays the same. A caipirinha in Scandallo is going to cost US $70.
Ok, really a US $70 Caipirinha?? LOL, I don't think so. (But maybe given the Cachaca being used) Either way I have had rare $$$ Scotch and Bourbon, so an expensive drink doesn't bother me at all. The sky is falling at 1:1 is not true, pricing adjusts. Pricing is not going to rise in Brazil where goods and services will be too expensive for the average Brazilian (unless there is some unforeseen financial shock to the country). Also, at the time it was 1:1 I did not see anyone complaining accept Americans but on the ground, life was normal in Brazil, and I was not hearing Brazilians complain and to me all pricing was reasonable. Only time I saw price increases was during carnival (which happens all the time) and that was temporary.
Everybody's pockets are different, so if exchange rates prevent one for traveling well ............. not my problem.
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Senior Member
Posts: 16399
Originally Posted by
Xpartan
[View Original Post]
I'm trying to remember what the average price of pussy was in 2000's and I can't, which means it was never outrageous outside of Centaurus.
It was 1 real per minute at privees and VM. 100 reais at Help (although many guys reported paying up to 300) and Meia Pataca. 4x4 was US$37 (because I used to take 2 at a time and it was US$75).
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Senior Member
Posts: 2219
I don't know why you guys are so obsessed with numbers
I've been coming to Brazil for 20 years. Brazilians normally do a great job adjusting their retail prices no matter what the course is. If the prices seem to be on the rise, that's post-pandemic boom more than anything. I'm trying to remember what the average price of pussy was in 2000's and I can't, which means it was never outrageous outside of Centaurus.
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Senior Member
Posts: 2034
Originally Posted by
OJeito
[View Original Post]
As I'm sure lots of you guys have noticed, The real has been slowly gaining ground against the US dollar recently. Will it fall below 5. 0? Imo, although it hasn't happened yet, It kinda seems likely at this point. Obviously, I'm just speculating but I do wonder how many mongers will give Brazil a pass if the exchange rate dips below 5. 0? Don't get me wrong, there is still plenty of value to be had even with the current exchange rate. What will it take for some of you guys to pass up on vacation to Brazil if the real continues to appreciate vs the dollar? 4.75? 4.50? Personally if it falls below 4. 25 for whatever reason I'll probably sit it out and wait to see what happens next.
Yes the Real is one of the strongest currencies right now and the dollar is being debased by the federal reserve so we have to deal with it. The highest the dollar was getting recently was about 5. 75 now it's about 12% lower. Every thousand dollars you lose about a 100 or so. If it went below 3. 5 I would have to take a pause. But I am invested in gold so theoretically I should keep ahead of the debasement of the dollar, good question I guess we have to take inflation into consideration too.
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Senior Member
Posts: 2350
What is driving the move?
Originally Posted by
OJeito
[View Original Post]
As I'm sure lots of you guys have noticed, The real has been slowly gaining ground against the US dollar recently. Will it fall below 5. 0? Imo, although it hasn't happened yet, It kinda seems likely at this point. Obviously, I'm just speculating but I do wonder how many mongers will give Brazil a pass if the exchange rate dips below 5. 0? Don't get me wrong, there is still plenty of value to be had even with the current exchange rate. What will it take for some of you guys to pass up on vacation to Brazil if the real continues to appreciate vs the dollar? 4.75? 4.50? Personally if it falls below 4. 25 for whatever reason I'll probably sit it out and wait to see what happens next.
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Senior Member
Posts: 6670
Timing
Originally Posted by
Nounce
[View Original Post]
No way I will be in Brazil with 1:1 exchange rate if the price stays the same. A caipirinha in Scandallo is going to cost US $70.
Worst exchange rate I have "put up with" in Brazil was R1. 80 to $1. Best was R3 to $1. Timing is everything.
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Senior Member
Posts: 3118
Originally Posted by
UniversalX
[View Original Post]
Exchange rate does not factor into my travel plans. Been there at 1:1 so not an issue and still had fun.
No way I will be in Brazil with 1:1 exchange rate if the price stays the same. A caipirinha in Scandallo is going to cost US $70.