Comments on: Currency conversion for trip question….?

By: Daniel B

Daniel B — Tue, 30 Nov 1999 00:00:00 +0000

Get them out of a cash machine when you arrive

By: jedinicholasc

jedinicholasc — Tue, 30 Nov 1999 00:00:00 +0000

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.

By: Malintze

Malintze — Tue, 30 Nov 1999 00:00:00 +0000

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.

By: this guy i know

this guy i know — Tue, 30 Nov 1999 00:00:00 +0000

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.

By: The Shadow

The Shadow — Tue, 30 Nov 1999 00:00:00 +0000

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.