exchanging money at the airport
[QUOTE=Brazil Specialist]Was that 8 or more years ago? ...the best cambios downtown or in Copacabana give a little better rate. Often the bank gives the best rate. Depends.[/QUOTE]
Perhaps I wasn't clear. The context of Ryjerrob’s question was “at the airport upon arrival in rio.” I have done it several times over the years and most recently within the past year. I have had good experience with the "private traders" at the airport, always getting a more favorable rate than the cambio at the airport.
Suggestion for exchanging money at the airport
[QUOTE=Poucolouco]Perhaps I wasn't clear. The context of Ryjerrob’s question was “at the airport upon arrival in rio.” I have done it several times over the years and most recently within the past year. I have had good experience with the "private traders" at the airport, always getting a more favorable rate than the cambio at the airport.[/QUOTE]
Sorry, don't know the Portuguese word for them, but in a book I read some time ago they were called money changers. You will see them milling around the Rio airport in gray or tan jumpsuits. The day before you arrive check the current exchange rate at [url]http://www.oanda.com/currency/converter/[/url]
Although [url]http://www.xe.com/ucc/convert.cgi?Amount=1&From=USD&To=BRL&image.x=44&image.y=10[/url]
is often cited here, Oanda actually will give you a rate closer to what is offered at the cambios. If you don’t speak Portuguese, write down the rate you hope to get on a piece of paper. Have the money you want to exchange ready and when you are approached show the guy the paper. He will pull you over to the side and count out the money in front of you all the while trying not to be too obvious.
For laughs, you can stop at the bank counter after you exit customs. The AMEX exchange (located in the terminal) is not too bad if you do not feel comfortable exchanging with the jumpsuit guys. I just exchanged money with them on my recent trip and got a rate comparable to the Copa cambios. I do not recommend exchanging a lot of money, just enough to tide you over until you can make a more secure cambio or ATM run.