local currency

[/ˈloʊkəl ˈkɜrənsi/]
nounpl: local currencies
moeda local
1. The official medium of exchange used in a specific country or region
When traveling to Brazil, you need to exchange your dollars for the local currency, the real.
Ao viajar para o Brasil, você precisa trocar seus dólares pela moeda local, o real.
2. The money officially issued and circulated by a nation's central bank
The hotel accepts payment in local currency or major credit cards.
O hotel aceita pagamento em moeda local ou cartões de crédito internacionais.
3. In finance, the national currency as distinguished from foreign exchange
The company reported its earnings in local currency before conversion to USD.
A empresa relatou seus ganhos em moeda local antes da conversão para USD.
The term 'local currency' is particularly relevant in Brazil given the Real's fluctuations against the US Dollar. Brazilian travelers and businesses frequently use this term when discussing international transactions, as currency exchange is a significant consideration for both tourism and commerce.
Synonyms / Sinônimos
national currencydomestic currencyhome currency
Antonyms / Antônimos
foreign currencyforeign exchange

Regional Variations

General Brazilian
moeda local
Standard term used throughout Brazil in commercial and financial contexts
Rio de Janeiro
moeda local
Commonly used in tourism and hospitality sectors
São Paulo
moeda local
Frequently used in financial and business districts
Portugal
moeda local
Used identically to Brazilian Portuguese in official and commercial contexts

Related Words

exchange ratecurrency conversionmonetary systemlegal tender

Related Idioms & Phrases

in local currency
pay in local currency
convert to local currency
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