Answers
I am heading to Japan from Australia and am wondering what the most economical way is for me to exchange my currency. Should i do it in Australia or wait till i get to Japan? Should i use ATM's or should i use a foreign exchange service? Your help would be great!
best way is wait to be in Japan, directly in to the airport you'll find exchange desk with no fee or a cheap one for cash,
ATM is always available for visa, american express and so on,
some time it's cheaper and faster to change some cash money.
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Besides most commercial banks where can I go to exchange foreign currency? I traveled to Niagara Falls, Canada in 2005. On the way out of the country I had an impaitent bus driver who would not allow me to stop off at the Duty Free shop to exchange the currency. So I came home with just under $20 in Canadian Currency. I've held onto this money since last year. Every commercial bank I've called require you to be a customer. My credit union doesn't accept foreign currency for deposits. So I feel like I'm stuck with this money I can't use. If I knew someone going to Canada perhaps I could offer to "sell" it to them but in lieu of that I don't what to do with this money.
some travel agencies do it
Just wondering why the crisis in the US is getting worse and the value of the dollar on foreign exchange is going up. Something stinks in the state of Denmark.
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Who creates foreign exchange rates? Please be specific. Thanks
I do understand that demand and supply determine it. Just wondering demand and supplly from who! And who sets the final ratio.
As the value of things in America go down, foreign countries look to buy up American exports
this drives demand for dollars, which in turn increases the value of the dollar
I am trying to exchange my foreign currency (Mexican pesos to US dollars) but it is in the form of coin, and the banks will not accept it. Is there a place that accepts foreign currency in the form of coin to exchange into US dollars?
It's difficult to exchange your foreign coins to dollars. Only in certain circumstances, like for instance if you're exchanging your banknotes at the same time, then the forex guy might accept your coins at half the value or to round up the dollars. And that's only if your coins are in the higher denominations.
But why exchange the coins? Keep them as souvenirs from your vacation, or pass them to your relatives or friends who collect coins. Or pass them to someone who's going to Mexico, like suggested by another here. What means little to you, can mean a lot to another. Make someone else happy today.
I will be traveling outside of the US and was not sure if banks here will offer foreign currency in exchange for dollars, otherwise where can I get it?
foreign exchange or a bank. You are guaranteed to be able to change American($)dollars or Sterling(£)pounds in any country in the world
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For the better part of the past decade, and particularly in the last few months, the American dollar has been the 98-pound weakling of the foreign exchange world. It has lost value against almost every other global currency — not just the euro, Against the 'strong dollar.' And the 'weak dollar.'Dollar Falls on Speculation Fed Will Trail ECB in Tighteningall 31 news articles »