Hi there,
I was wondering what the cheapest way to convert dollars into Euros would be. Would it be easier to convert them here in the U.S. before I fly over to Europe, or would it be cheaper to exchange them there? Any help would be greatly appreciated. Thank you in advance 
Most Commented Posts
- August 8, 2008 -- Should "In God We Trust" Remain On American Currency? (41)
- February 26, 2009 -- Xtian: What right (specifically) would be violated by removing "In God We Trust" from US currency? (41)
- January 27, 2010 -- Do conservatives invest in gold because they have no faith in American currency? (37)
- November 24, 2008 -- Is “In God We Trust” on US currency a true statement? (35)
- January 3, 2009 -- Should the motto “In God We Trust” be removed from U.S. currency? ? (34)
- March 17, 2009 -- R&S what do you feel about "One nation under God" on US currency? (34)
- April 21, 2009 -- What would be the impact on American society if "In God We Trust" were removed from the currency? (34)
- May 7, 2008 -- Who else thinks that "in god we trust" should be removed from US currency? (33)
- January 9, 2009 -- Are coins and currency the same thing? (30)
- March 8, 2010 -- If your good looks were currency, what could you buy? (30)
This entry was posted
on Monday, June 23rd, 2008 at 6:50 am and is filed under Currency Trading.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
June 23rd, 2008 at 6:50 am
Get them out of a cash machine when you arrive
June 23rd, 2008 at 6:50 am
doing it here would either be cheaper or more expensive, depending where you are going. in countries like: Italy, France, Spain, or England, it would be cheaper here. over there, smaller countries with less influence are cheaper.
June 23rd, 2008 at 6:50 am
hi dear.. will be more easier if you convert dollars in to euros, one euro its = to $1.60 of dollar
1$euro = to $1.60 dlls. to buy one euro you pay $1.60cts
if you are traveling make sure to convert before leaving. now in days all things are very expensive.food ,hotel taxis
have a good one.
June 23rd, 2008 at 6:50 am
Go to http://www.xe.com
It doesn't tell if you where it is cheaper at but…
It gives you and idea of how much you'll get.
June 23rd, 2008 at 6:50 am
You will get the best exchange rate if you use your credit cards whenever possible and your ATM card to withdraw cash from ATM machines when you need cash. Travelers checks give you a worse exchange rate. Converting cash gets you the worst rate if you do it in Europe.
ATMs not only give you the best rate, they're the most convenient. They're open 24/7, so you never run out of cash when banks are closed.
You will pay a withdrawal fee, but you have to pay a commission charge with travelers checks anyway. You can reduce the cost by getting enough cash for several days at a time. You don't want to withdraw $20 at a time or cash one $20 travelers checks. The fees are too high.
If you don't want to use ATMs, then take travelers checks and get some euros at the airport when you arrive. You don't want to carry a large sum of cash. One airport pickpocket or a mislaid waller and you've lost your money.
Just be sure to call the bank that issues your credit cards and ATM cards and tell them that you're traveling. Some banks consider foreign transactions to be suspicious and assume that your cards have been stolen. You'll have no problems if you call them before you go.
I've been doing this for overseas travel for the past 11 years and I've never missed travelers checks.