Thursday, November 11, 2010

What your bank won't tell you about currency conversion

Did you know that if you don't take the right steps in converting your US $ to Euros, you can lose up to 22 cents for every dollar that you convert?

When it comes to navigating exchange rates, it pays to know all your options. From buying money online to grabbing it on the go at the airport, Budget Travel Magazine has assembled a handy guide to the seven most common methods for foreign exchange. Each has its pros and cons (some of which can feel like legal swindling), so they've evaluated the options for you with the euro as our base tender, using an Exchange Rate Rip-off Meter from 1 to 5.

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4 comments:

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