Money Matters: Exchange Rate Update

Money is everyone’s concern, especially when traveling overseas, and getting accustomed to foreign currency, knowing where and when to change it, and calculating what things cost can be challenge even when it’s a country you know well. That’s why paying attention to exchange rates is extremely important.

The World’s Most Overvalued Currency

Since 2003, the value of Brazilian real has increased 122 percent against the once mighty dollar. As a result, many things (bus fare, beer, life in general) are slowly, but surely, getting more expensive.