before travelling to rio de janeiro it is always a good idea to be aware of exchange rates along with the trending patterns the rates normally follow - depending on the financial market, exchange rates are subject to change on a daily basis.

if individuals are looking for the best exchange rates in the city they should visit one of the major bank branches, or a shop specialized in exchanging money - neighborhoods such as ipanema and copacabana are likely to host many stores which can assist with exchanging money, since they are frequented by visitors.

general requirements for interactions with banks include taking original forms of identification, such as passports or a diver's license, and having enough time to wait in line, depending on the time of day - banks normally have a daily limit on the amount you can exchange, and charge a small fee - independent currency shops normally host less competitive exchange rates, do not require identification, although these laws and requirements can change, do not have daily limits, and do not charge any fees.