I have sold a property in Brazil this year with the purpose to buy a house in my home country (Germany). However, until I got all the documents ready to transfer the money to germany, I have lost already more than a half of the value of the money, due to the low Brazilian reais in comparison with the euros. Right now, the money that I will get in Germany is much much less than what I needed to buy a house, therefore a house here is no longer an option, at least for now.
since the money is currently "invested in a Brazilian Saving account" with the interest rate of a bit more than 1% per month.
My question is: shall I transfer the money as soon as possible to Germany before the Brazilian reais get worse, and invest in Germany in funds or maybe buy stocks, or shall I leave the money in Brazil and wait to see if the currency will get a bit better so I don't lose so much money with the currency exchange ?
Thanks a lot, Lia