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City Exchange and ATMs: how it works in Brazil — first-hand

From real experience

For exchanging US dollars to Brazilian Reals in Rio de Janeiro, it is generally recommended to avoid street vendors and look for official exchange bureaus or reputable banks.
Exchange rates can vary, so it's advisable to compare rates at different locations. Some travelers have also reported success with using ATMs for cash withdrawals, though this may incur foreign transaction fees from your bank. Consider checking with your bank about their international ATM fees and exchange rates before your trip.
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To get a taxi from GRU to São Paulo city center, use ride-hailing apps like Uber (download in advance to avoid CAPTCHA issues).
Aggregator services cost around 3500 RUR. Airport currency exchange rates are poor (e.g., 3.6 BRL/USD). Taxi drivers might offer better informal rates (e.g., 4.7-5.0 BRL/USD). The best exchange rates (5.1+ BRL/USD) are typically found in the city during weekdays.
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In São Paulo, official currency exchange offices (casas de câmbio) are typically closed on Sundays.
Some hotels might offer currency exchange services, but usually at less favorable rates. It is advisable to exchange currency during weekdays or plan to use ATMs.
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Avoid exchanging currency at São Paulo airport due to poor rates.
A better exchange rate for USD/EUR can be found at MoneyGram on the 3rd floor of Paulista Mall in São Paulo. Recent euro exchange rate reported was 5.75 BRL per EUR.
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Related topics

💱 Airport Currency Exchange 💰 Currency and Banknotes

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