How to Exchange Currency

When it comes to navigating exchange rates, it pays to know all your options. 

  • Swipe a credit card  - Best
  • Withdraw cash from an ATM - Best
  • Exchange cash at your bank - Watch for Fees
  • Buy cash on line - Okay option
  • Buy Travelers Checks - Avoid if possible
  • Buy Pre Paid Foreign Currency  card - Avoid if possible
  • Foreign exchange desk at hotel or airport - Run!  Avoid at all costs


 MSNBC offers 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 have evaluated the options for you with the euro as the base tender, using an Exchange Rate Rip-off Meter from 1 to 5.   "1" Check out MSNBC for more information







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