LatAm Expat & Nomad Daily Guide for Sunday, October 11, 2026
LatAm Expat & Nomad Daily Guide — Sunday, October 11, 2026
00The LatAm Expat Nomad Daily Guide Status Board
| Story | Yesterday | Now | Direction |
|---|---|---|---|
| Hurricane Simon | Category 4 (Sat) | Category 4, 149 mph (Sat evening) | Steady, landfall due Sunday |
| Puerto Vallarta airport | Open (Sat morning) | Closed until 8 a.m. Monday | Closed, dates provisional |
| Brazil PTAX (sell) | Mon 5 Oct: 4.9859 | Fri 9 Oct: 4.9892 | Little changed over the week |
| Colombia TRM | Fri 9 Oct: 3,218.75 | Sat 10 to Mon 12 Oct: 3,194.44 | Peso firmer |
| Chile observado | Thu 8 Oct: 979.85 | Fri 9 Oct: 981.61 | Peso slightly weaker |
| Argentina country risk | Thu 8 Oct: 588 | Fri 9 Oct: 589 | Little changed |
| Brazil presidency | Runoff Sun 25 Oct, 15 days away | Runoff Sun 25 Oct, 14 days away | Campaign continues |
01Getting Around
Mexico’s Pacific coast: Hurricane Simon. Simon is a Category 4 hurricane on the five-step Saffir-Simpson scale. On Saturday evening, Mexico’s weather service reported maximum sustained winds of 240 km/h (149 mph), with the centre about 135 km (84 miles) south-southwest of Manzanillo, Colima, as El Universal reported. A Category 4 storm has winds from 209 km/h (130 mph).
Mexican authorities expect the centre to come ashore on Sunday morning on the Jalisco coast, in the La Huerta area, and the exact point can shift along the coast. The weather service warns of rainfall above 250 mm (about 10 inches) in Michoacán, Colima and Jalisco, and of waves of 6 to 8 metres. Authorities raised a red alert for six municipalities in Colima and 22 in Jalisco, and the army has deployed more than 2,800 personnel.
Puerto Vallarta airport closed at 6 p.m. on Saturday and is due to reopen at 8 a.m. on Monday. Manzanillo airport closed at 6 p.m. on Saturday, with reopening planned for 8 a.m. on Sunday. The airport operator GAP says these times are provisional and depend on safety inspections. If you hold a flight, hotel or tour on this coast, contact the airline or hotel directly and follow local civil protection instructions. The storm may weaken quickly once it moves inland, but flooding and landslides can follow after the wind drops.
We could not read the US National Hurricane Center (NHC) bulletins for this edition, so the figures above come from Mexican officials and media, and the chart below shows the NHC forecast as published on Saturday. The landfall hour and exact point can still change.
Holiday Monday. Monday 12 October is a national holiday in Brazil (Our Lady of Aparecida), Argentina, Chile and Colombia. Brazil’s stock exchange, B3, is closed and bank branches shut, while banking apps usually keep working. See our closures guide.
Brazil: loud weeks, normal days. Campaigning continues until the runoff on Sunday 25 October, 14 days away. Foreign residents do not vote.
02Cost of Living & Money
Each measure is labelled, and dates differ by country. Brazil, Chile and Argentina are Friday’s figures (Argentina’s informal rates are from Saturday evening); Colombia is the official rate in force over the weekend; Mexico and Peru are market estimates.
Brazil. The PTAX fixing was 4.9892 reais to sell on Friday 9 October, against 4.9859 on Monday 5 October and a weekly high of 5.0119 on Thursday 8 October. At 4.9892, R$1,000 is about US$200. Prices rose 4.58% over 12 months to September, IBGE reported. Our rent and power-bill guide has the detail.
Mexico. We use a market estimate of 18.30 pesos per dollar from open.er-api.com, updated at midnight UTC on Sunday. It is not the official FIX rate (Banxico’s daily reference rate). At 18.30, MXN 10,000 is about US$546.
Chile. The observado (the official dollar rate) was 981.61 pesos on Friday 9 October, against 979.85 on Thursday. At 981.61, CLP 1,000,000 is about US$1,019. The UF (Chile’s inflation-indexed unit used in rents and mortgages) is 41,141.53 pesos for Sunday, about US$42.
Colombia. The TRM (the official representative rate) is 3,194.44 pesos per dollar for Saturday 10 to Monday 12 October. It was 3,218.75 on Friday. At 3,194.44, COP 1,000,000 is about US$313.
Argentina. DolarApi shows the official Banco Nación rate at 1,485 to buy and 1,535 to sell (Friday afternoon). The blue (informal market rate) is 1,520 and 1,540. The CCL (contado con liquidación, a rate for dollars bought through securities) is 1,605.5 and 1,606.6. ARS 1,000,000 is about US$651 at the official sell rate and about US$622 at the CCL sell rate. ArgentinaDatos puts country risk (the extra yield investors demand on Argentine dollar bonds) at 589 points on Friday 9 October.
Peru. We could not obtain SUNAT’s (the tax authority’s) rate. A market estimate from open.er-api.com, updated at midnight UTC on Sunday, shows 3.442 soles per dollar, and banks quote their own rates. At 3.442, PEN 1,000 is about US$290.
The wider picture. Brazil’s dollar rate moved within a narrow band this week, from 4.9698 to 5.0119 reais. One week does not set a trend, and currencies often overshoot after political news and then settle.
03Visas, Residency & Tax
Colombia: 20 days left. Foreigners holding a permanent-resident visa issued under earlier rules must transfer it before 31 October 2026, the Foreign Ministry has reiterated. The process is online; the ministry advises using its official site without intermediaries. Our earlier explainer sets out who is affected.
Brazil: foreigners and the runoff. Only Brazilian citizens vote. Foreign residents have no ballot. Our runoff guide covers the practical side.
04What Prediction Markets Say
Hurricane Simon’s strength. Polymarket prices a peak of Category 4 at 63.0% and Category 5 at about 32% (US$15,631 traded). Kalshi, regulated in the US by the Commodity Futures Trading Commission (CFTC), prices Category 5 or above at 37%. Stand: 11 October, 00:36 ET.
Brazil’s presidency. Polymarket prices Flávio Bolsonaro at about 88% and Lula at 11.5% to win (US$180.0 million traded). Stand: 11 October, 00:31 ET.
Brazil’s central bank (Selic) in November. Polymarket prices a 0.25-point cut at 86.5% and no change at 9.3% (US$50,417 traded). Stand: 11 October, 00:31 ET.
Colombia’s central bank in October. Polymarket prices no change at 63.5%, a 0.25-point rise at 30.5% and a rise of 0.5 points or more at 6.7% (US$35,612 traded). Stand: 11 October, 00:31 ET.
Argentina’s September inflation. Polymarket prices a monthly rate of 1.9% to 2.1% at 59.5% and 1.6% to 1.8% at 29.0% (US$31,849 traded). Stand: 11 October, 00:31 ET.
Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.
05The Calendar Ahead
Dates come from official calendars and the EODHD economic calendar; consensus figures are forecasts, not ours. The region does not move as one block, and each release can push a currency either way.
Frequently Asked Questions
Where is Hurricane Simon expected to go ashore?
Mexican authorities expect Simon, a Category 4 hurricane on Saturday evening, to reach the coast of Jalisco, in the La Huerta area, on Sunday 11 October 2026. The hour and the exact point can still change, so check the latest advisories and local civil protection notices.
Which Latin American countries have a holiday on Monday 12 October 2026?
Brazil, Argentina, Chile and Colombia. Each marks a national holiday on that Monday and gets a three-day weekend. In Brazil, bank branches and the B3 stock exchange are closed, and banking apps usually keep working.
When does Argentina publish its September 2026 inflation?
INDEC, Argentina’s statistics institute, is due to publish September consumer prices on Tuesday 13 October 2026. August’s monthly rate was 1.7% and the 12-month rate was 33.5%. The central bank’s survey expected 1.9%, and that is a forecast, not a result.
Connected Coverage
- Hurricane Simón: Checklist for Foreigners in Mexico
- Mexico Orders 24 Towns Indoors as Hurricane Simon Nears
- Argentina Inflation Due Tuesday After 1.7% in August
- Brazil Runoff Day on 25 October for Foreign Visitors
- South America Holiday Closures on 12 October 2026
- Brazil Rent and Power Bills After 4.58% Inflation
- Colombia Resident Visa Transfer: Old Residente Holders Have Until October 31, 2026
- Colombia hub · Brazil hub · Mexico hub · Peru hub
Sources: Hurricane Simon as reported by El Universal, Grupo Aeroportuario del Pacífico (via Mexican media) and Mexico’s civil protection and weather services (10 to 11 October 2026); Cancillería de Colombia (visa-transfer notice, 2026); IBGE (IPCA, SIDRA table 1737); Banco Central do Brasil (PTAX, Olinda API); Superintendencia Financiera de Colombia via datos.gov.co (TRM); Banco Central de Chile via mindicador.cl (observado, UF); DolarApi and ArgentinaDatos (Argentina rates, country risk and INDEC inflation series); open.er-api.com (Mexico and Peru market estimates); IBGE and INDEC calendars; EODHD economic calendar; Polymarket and Kalshi (prediction markets, 11 October 2026).
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief