DISCLAIMER: yes, i know that there are always exceptions to the rules and my method can't be applied to everything. this is a just a general... no, very general way view on this topic. the complexities of economies and converting currencies are as complicated as can be.
it's taken me quite some time to stop trying to figure out how much things cost in dollars down here as i was always converting the currencies to try and decide how much of my money i was actually spending. old habits die hard, i suppose.
so, let's get right to it. the way i look at it is:
1 dollar (USD) in the states spends roughly the same as 1 real (BRL) here in brazil.
this means when you are looking at prices in a restaurant if you see a plate of food for 20 reais it would be about the same thing as if i went to a restaurant and saw a plate of food for 20 dollars. looking at rent is about the same.
huh?
the reason for this very simple equation is because of the money that you earn down here in brazil is fairly similar to the money you earn in the states. living down here, if you make 2000 reais a month, it can be fairly the same as making 2000 reais a month in the states.
you can start to see how much of an advantage you have as a tourist bringing money down from the states to spend here and how much a brazilian would have to save to make an equivalent trip to the states.
now, i would avoid using this equation to put worth on goods, services, and products. this is only helpful when determining how much you are going to spend. this means, seeing a pair of shoes for 300 reais, shouldn't really make you think one way or another about how good of a deal those shoes are. it should only really help in letting you think... ok... i'm about to drop the equivalent of 300 bucks for the these shoes.
this is more for people who are planning on living here and making a wage than people who are just traveling casually here.
now, it's the same story down here in brazil. each region and area will have different prices and wages. just like in the states. i mean, you're not going to say living in manhattan is the same as living in podunk, alabama, right?
what's your thoughts about making money here in brazil and how it spends?
1 dollar (USD) in the states spends roughly the same as 1 real (BRL) here in brazil.
this means when you are looking at prices in a restaurant if you see a plate of food for 20 reais it would be about the same thing as if i went to a restaurant and saw a plate of food for 20 dollars. looking at rent is about the same.
huh?
the reason for this very simple equation is because of the money that you earn down here in brazil is fairly similar to the money you earn in the states. living down here, if you make 2000 reais a month, it can be fairly the same as making 2000 reais a month in the states.
you can start to see how much of an advantage you have as a tourist bringing money down from the states to spend here and how much a brazilian would have to save to make an equivalent trip to the states.
now, i would avoid using this equation to put worth on goods, services, and products. this is only helpful when determining how much you are going to spend. this means, seeing a pair of shoes for 300 reais, shouldn't really make you think one way or another about how good of a deal those shoes are. it should only really help in letting you think... ok... i'm about to drop the equivalent of 300 bucks for the these shoes.
this is more for people who are planning on living here and making a wage than people who are just traveling casually here.
now, it's the same story down here in brazil. each region and area will have different prices and wages. just like in the states. i mean, you're not going to say living in manhattan is the same as living in podunk, alabama, right?
what's your thoughts about making money here in brazil and how it spends?
I must say that overall I am very taken with this site. It is apparent that you know you subject matter and you are passionate about it.
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