Subtitle:
Dollar Quote
Today, the commercial dollar is being quoted at R$5.06 and the tourism dollar is being quoted at R$5.17.
What is the difference between the tourism dollar and the commercial dollar?
The difference between the commercial dollar and the tourism dollar is related to the context in which they are used and the rates applied in each case. The commercial dollar is used in commercial transactions between companies, financial institutions and governments. It generally has a lower value compared to the tourism dollar and is used in imports, exports, foreign investments and large negotiations.
The tourism dollar is the value of the dollar used for transactions by individuals, such as tourism, international travel, purchasing tickets, spending on credit cards abroad, among others. Typically, the tourist dollar is higher than the commercial dollar, as it includes additional fees, such as taxes, fees and the profit margin of the exchange offices and financial institutions that sell it.
See also today’s Euro exchange rate.
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Tags: Dollar today commercial tourism exchange rate Business
: see the value of the commercial and tourism exchange rate – Business){kind=link}