I want to move to São Paulo, Brasil. Which currency is most efficient for me to exchange, euro or pound sterling?

Asked by squirbel (4297

) October 4th, 2008

I’m planning on slowly saving up Traveler’s Cheques to move there [yes, semi-permanently]. The only conundrum before me now is deciding which currency would be the least painless.

Of course, the national currency is the Real, but the Traveler’s Cheque brand I am interested in purchasing [Thomas Cook] only offers the USD, Euro, and Pound Sterling.

Which do you think I should use?

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1 Answer

Why traveller’s cheques?
Put your savings in some high interest rate deposit (ING-like) instead. In one year you will find yourself with +5%, and the choice of buying traveller’s cheques in different currencies still intact.

qashqai (2465

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