Falling Dollar: Find out if it’s a good time to plan your international trip | Travel and Tourism
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And they are right, the moment is good to buy the dollar, points out the project coordinator of the Getúlio Vargas Foundation (FGV), André Coelho. He still remembers it An international trip requires planning and therefore must be done in advance for greater savings.
In addition, the The expert recommends not buying the entire amount at once, even with a decrease, Because the price may be cheaper in the near future. then, The ideal is to buy some now and follow the quote to complete the payment.
If your plan is to offer to buy a ticket for that show, play, or park you know you’re going to on the trip, It’s only worth it if you’re going to buy with cash, in riyals, and make a transfer today.
The advantage does not extend to a credit cardFirstly Due to fees that must be added to the value of the service or product that you purchaseand secondly, because The dollar may be higher the day you pay your card bill.
Watch tips for buying dollars and preparing for your trip:
- When do you start buying currency?
- Can I take only printed money?
- Debit or credit?
- Is there a limit to the quantity I can purchase?
When do you start buying currency?
Once you have decided that you are going to travel, you can start Save money, follow the exchange rate and buy the currency little by little, in times of decline and volatilityAs it happened on Wednesday.
For Coelho, up to a year before the trip would be a good scenario to start this process.
- travelling abroad: Find out how much foreign currency to buy
Can I take only printed money?
Carrying printed money can be a good idea for your pocketbook, but not always for security. Those wishing to spend more can use foreign currency debit cards, set up international accounts, or hold savings and make small withdrawals along the journey.
But remember: Banks that provide these types of services usually have a fee Which can burden your pocket, in addition to paying it to the Israeli occupation forces.
Debit or credit?
For those who don’t want to buy currency, you might think a credit card would be a good alternative. Although this option is safer, it makes more for the tourist Depending on the instability of the exchange rate, without being able to plan in advance regarding conversion to real.
In addition, to understand the expense, it is necessary to add the IOF tax and card fees to the exchange rate.
For this reason, the coordinator recommends using a credit card for small expenses, such as coffee, things that don’t weigh too heavily on the pocket if there is a currency spike.
- The fall of the dollar: Look at the main outlook for the currency
Is there a limit to the quantity I can purchase?
It must be inspected:
- declared in-kind amount;
- electronic declaration of traveler assets (e-DBV);
- Evidence of the acquisition of foreign currency in a licensed bank or institution authorized to operate in foreign exchange in the country, in an amount equal to or greater than the declared amount;
- A statement submitted to the RFB unit, upon entry into the national territory, in an amount equal to or greater than that in its possession;
- Proof of receipt in cash or traveler’s checks, by means of a foreign currency payment order in your favor, or withdrawal using an international credit card, in the case of a non-Brazilian, foreigner or Brazilian traveler.
Check out more tips for your trip:
Check out tips for not having problems with your bags when you travel
Delayed or canceled flight? See passenger rights
How to renew a US visa
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