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Is it cheaper to convert currency in the country you reside in, or in the country you will be visiting?

I have money in the bank in the UK and am traveling to the US. Should I convert the currency in the UK or in the US to get the best rate?

8 Antworten

Relevanz
  • vor 2 Jahrzehnten
    Beste Antwort

    You can almost be sure that your arrival airport will have an ATM that accepts your local bank card. This is by far the best way to exchange money. Has never failed for me. I lived in the UK for 2.5 years and my Lloyds TSB card always worked in the USA (my native country).

    Best to check with your bank before leaving if you're not sure.

    Quelle(n): 40+ countries and never a problem.
  • Anonym
    vor 2 Jahrzehnten

    I usually find the best exchange rate is at the bank, regardless of whether it's the destination or the starting point. It's good to convert a little money just in case you have an emergency in the country before you get a chance to exchange.

  • vor 2 Jahrzehnten

    Depends on your currencey - recently visited Egypt and they like English Pounds 100 Egyption to an English pound the banks in the UK would take a commision - try emailing the tourist office of the country your visiting -

  • kadel
    Lv 7
    vor 2 Jahrzehnten

    We simply use an ATM to withdraw the currency we want without paying a conversion fee. We also use credit cards a lot

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  • Anonym
    vor 2 Jahrzehnten

    Either way, just be sure to use a bank to get a fair exchange rate. I have found using credit cards such as Visa on large purchases also give you fair exchange rates.

  • vor 4 Jahren

    hi, properly it truly is an exciting question. human beings constantly want their very own u . s . a . interior the record. besides i might might propose top 5 international locations for excursion and return and forth trip spot a million) Switzerland - elegance 2) Thailand - Cultural and spa 3) Caribbean Islands - coastline 4) New Zealand - elegance 5) Brazil - adventure Regards, Roger

  • vor 2 Jahrzehnten

    i find it better to convert it before in the country you reside. it's suppose to be cheaper that way.

  • Anonym
    vor 2 Jahrzehnten

    It's better to do it after you get to your destination.

    Quelle(n): personal experience
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