is there anyplace where i could find out the currency exchange rates at Frankfurt airport?
besides going there of course
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This entry was posted on Saturday, February 27th, 2010 at 8:40 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.
February 27th, 2010 at 8:40 am
No, no. Don’t exchange your money at the airport. It’s a rip-off. Use your ATM card once you get to your destination. And it’s always a good idea to take two ATM cards connected to two different accounts just in case something goes haywire. You can also get paid up ATM cards if you don’t have a bank issued one. For instance AAA (Amer. Automobile Assoc.) issues paid up cards (loaded) by American Express.
February 27th, 2010 at 8:40 am
Yeah stay away from exchanging currency at the airport, no matter where you are. The exchange at the airport offer the worst possible rate.
Either exchange currency before you leave on your flight and/or go find a bank away from the airport. They will offer the best exchange rates.
February 27th, 2010 at 8:40 am
I agree with the other two answers: avoid the airport at all costs when changing money! There are a few other solutions: find a different place to change your money is the simplest. Going to a kiosk is probably the worst, regardless of where its located.
If possible, get Euros before even boarding your flight. Banks here in the US will do this for a nominal charge, and you will have the money and won’t have to even bother with exchanging it. Rates are usually fair.
Your best option would be to get an ATM card or Debit card. These are accepted anywhere Visa is accepted as well as in any ATM machine in Europe. When you use it, you will probably be charged a fee (usually 3%) from your bank for changing the money over, as well as fee for using a foreign atm. This is often cheaper than exchanging at a kiosk where they give you a less favorable exchange rate and a rather high fee.
I always used my atm card to get 200 Euros out at a time. The fee at my bank was $6 plus 2.50 for the atm charge. Not too bad, but you won’t get much better elsewhere, and its loads more convenient than having to find a kiosk. Atms are everywhere in Europe.
Even better, open an account in a bank that has branches overseas and the fees to change are even less.
Edit: Also, another option - carry some dollars with you as exchange rates for actually currency (not travelers checks) are better. Small bills only, though!
However, to answer your question there is no way to find out what it will be at that particular location, because the rate is always changing. Go by the international exchange rate at yahoo.com and the rate will generally be a few cents less, each time.
February 27th, 2010 at 8:40 am
Yes the all exchange at airports and train stations in Germany are run by Deutsche Verkehrs und Reisebank I ll add their site with the exchange rates valid for the entire group
BTW their rates are not bad at all compared to other banks in Germany and the difference to ATM cards is not big since you will get charged every time you use the card in Germany unless it is a German ATM card the fee you pay for exchanging cash money is not allowed by law to be higher than 5 % the fee of ATM cards which are no Germany cards can be as high as 10 % so check out what fees you will get charged when using the ATM card.The fee also can differ a lot depending what bank you use and what bank issued the card.
http://www.reisebank.de/sixcms/detail.php?id=2077&_lang=en
February 27th, 2010 at 8:40 am
I would call them