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The mid-market rate is the midpoint between the buy and sell prices of two currencies.

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WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

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Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores.

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3 Important factors to consider when sending money from Brazil to India

Sending money from to Brazil to India can be flawless if you put the following key features in mind during your selection:

Mode of payment: Can your transfer company accommodate your mode of payment? Are they flexible enough to send your money even if you do not have a bank account?
BRL to INR exchange rates: Different transfer companies offer different rates based on the amount of money you want to transfer as well as the global position in terms of market fluctuations. So you have to look at the exchange rates from a wider perspective. First look at the global market and the prevailing conditions in the states you are transferring your money to, then look at each transfer company and compare what they have to offer.
Transfer fees: This goes hand in hand with the exchange rates to determine if a service provider is affordable or not. Remember, the fastest way to send money from Brazil to India.

This depends on the service provider you choose and if they have transfer limits. Apart from that, there is no restriction on the maximum amount of money you can send from Brazil to India in a day. You can even resolve to use different service providers until you have sent all your money.

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Yes, some money transfer service providers like Travelex have eased this process by availing the Travelex Money card facility to help in making purchases.

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Finding the cheapest way to send money from Brazil to India depends on a number of things including how much you need to transfer. Make sure that you critically compare the exchange rates and take note of any hidden charges when looking for a low cost service. You will however find online money transfer services much cheaper than other options.

Discuss this question

Finding the cheapest way to send money from Brazil to India depends on a number of things including how much you need to transfer. Make sure that you critically compare the exchange rates and take note of any hidden charges when looking for a low cost service. You will however find online money transfer services much cheaper than other options.

Discuss this question

Historical Mid Market Exchange Rate From Brazil Real (BRL) to Indian Rupee (INR) (Weekly)

Current Exchange Rate(Mid Market) :- 14.57 INR/BRL

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -

Selling exchange rate - at which sellers are willing to sell a particular currency and
Buying exchange rate - at which buyers are willing to buy a particular currency.

Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Send Brazil Real To INDIA	Receive Indian Rupee
1 BRL TO INR	14.57
50 BRL TO INR	728.5
100 BRL TO INR	1457
250 BRL TO INR	3642.5
500 BRL TO INR	7285
1000 BRL TO INR	14570
5000 BRL TO INR	72850
10000 BRL TO INR	145700

Send Indian Rupee	Receive Brazil Real From INDIA
1 INR FROM BRL	0.07
50 INR FROM BRL	3.43
100 INR FROM BRL	6.86
250 INR FROM BRL	17.16
500 INR FROM BRL	34.32
1000 INR FROM BRL	68.63
5000 INR FROM BRL	343.17
10000 INR FROM BRL	686.34

	EUR	USD	GBP	INR	PHP	CAD	AUD	MXN	CNY
USD	0.94836	1.00000	0.79252	84.47776	58.74425	1.41015	1.54775	20.34515	7.23250
GBP	1.19664	1.26180	1.00000	106.59404	74.12350	1.77933	1.95295	25.67151	9.12597
AUD	0.61274	0.64610	0.51205	54.58107	37.95466	0.91110	1.00000	13.14500	4.67292
CAD	0.67253	0.70914	0.56201	59.90693	41.65816	1.00000	1.09758	14.42765	5.12889
EUR	1.00000	1.05445	0.83567	89.07757	61.94287	1.48693	1.63202	21.45294	7.62631

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