2012年3月30日星期五

best exchange rate

Does anybody know where i can get the best rate of exchange? Travel money services seem to be the best although the rate has dropped since last week

Thanks

zoe

best exchange rate

www.comparetravelmoney.co.uk

Useful site. Rates change constantly, keep an eye on it and buy when it improves (although I dont know that it will improve!)

Pay in advance sites like crown currency often have a good rate - although I preferred to hold on to my money in a good interest savings account which meant I got the interest, and I changed my money up when the rate was $2 to the pound.

best exchange rate

Market fluctuations aside* the best rate is obtained by sticking your debit card in an ATM when you arrive in the US.

All cards perate on the prevailing ';city'; rate, not the ';tourist'; rate that%26#39;s used as the basis for exchanges of currency and travellers%26#39; cheques. Tourist rates are typically around 5% worse than city rates.

Most card issuers shade the city rate by, say 2.75%. Even these offer a better rate than tourist rates. A select few card issuers (Nationwide is one) don%26#39;t even do this.

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* Between now and when you travel, they may change either in your favour or against; this is wholly unpredictable.

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