Emerging South

Update December 13th: average of 20 predictions is that 1 Euro will yield 3,14 BRL on December 2009; that's a little bit less than what it yields today (3,14).  I remain with my position that the Euro will lower to 2,53 Reais by end 2009.

The first question in the new set of 10 prediction questions for the coming: what will the EUR / BRL rate be on December 31st 2009?
My prediction is 2,53, what is yours?  Vote here (caution: use . instead of , as a decimal marker)