Search
Recommended Products
Related Links


 

 

Informative Articles

Best Travel Accessories
Checking accessories that you need in traveling So, finally you have found the time for your deserving break. You have already planned what to do on the big trip. Everything seems to be prepared. But what happens when you forget...

Tips For Traveling With Kids
TIPS ON HOW TO ENJOY TRAVELING WITH KIDS Thinking twice on bringing your kids along when you travel? Traveling with children need not be stressful. Here are few tips on how you can enjoy your trip with less trouble and more fun. *Plan...

What you need to know about - canada travel
Canada is one of the celebrated countries of the world. The second largest country in the world has unique blend of French-English culture. With plenty of worth watching cities, the country is not densely populated. The cities of Canada have their...

Where Should You Travel With Children?
So you've made up your mind that you are going on a family vacation. And the next question is ~ where to? There are many places for a family vacation but not all of them will have what you need for an enjoyable trip. Since you are going together...

Why Thailand Is A Favorite Travel Destination in Asia
No wonder people love to travel to Thailand these days. It's hot. It's fun. And it's cheap. Everything here is cheap -- hotels, food, shopping -- you name it. A coconut costs 20 baht (that's around 50 cents -US). A bowl of noodle costs from 30 to 70...

 
A Travelers Guide To Currency Exchange

Exchanging currency is something frequent travelers must become familiar with. There are many different currencies around the world. Finding out how to exchange currency and where to do it can help travelers get the most out of their money.

The following outlines the major places that will exchange money for travelers. Also indicated are any problems or concerns about exchanging currency using the methods.

1. Airports. Airports will exchange currency for travelers at desks they have set up for this purpose. They usually offer exchange rates that are the worst available. They charge high fees which can sometimes be as high as 20% of the exchange amount. This type of exchange is most convenient for the time pressured traveler. It is conveniently located at the airport and it is easy to do a transaction.

2. Banks. Local banks are happy to exchange currency. They often offer the best rates and do not charge fees that are too high. Banks tend to use exchange rates based on the actual traded values. Banks, however, are limited in hours of operation and may be unable to exchange certain currency or large


amounts.

3. Credit and Debit cards. This is the quickest and easiest way to exchange currency. Most major credit cards work world wide without hassle. The exchange rates are competitive which keeps them low. Travelers should alert their credit card company that they are using it outside of their home country so it does not get deactivated as security precaution.

4. ATM machines. They are easy to use, but also pose a risk of high fees associated with their use. Travelers wishing to use ATM's outside of their home country should discuss fees first with their bank.

Travelers may find many different places to exchange currency. The four listed here are the most commonly used options. Each has an up and down side and the one a traveler chooses depends on their own needs and concerns.

About the author:

Stephen Kreutzer is a freelance publisher based in Cupertino, California. He publishes articles and reports in various ezines and provides resources on currency exchange at CyberTopics!