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Old 09-10-2019, 06:23 PM
 
6,222 posts, read 3,593,062 times
Reputation: 5055

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I'm going to Germany next week and need some Euros. Germany has a ton of cash only places, so I can't just use my card everywhere like the other times I travelled out of the country.
I want somewhere that I won't get screwed over on the exchange rate.
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Old 09-10-2019, 07:00 PM
 
Location: Honolulu/DMV Area/NYC
30,612 posts, read 18,192,641 times
Reputation: 34462
Best Currency Exchange place
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Old 09-10-2019, 07:23 PM
 
6,222 posts, read 3,593,062 times
Reputation: 5055
Oops, I meant the other way around
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Old 09-10-2019, 07:32 PM
 
Location: Manhattan
2,498 posts, read 3,772,015 times
Reputation: 1608
Your bank.
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Old 09-10-2019, 07:33 PM
 
8,331 posts, read 4,372,464 times
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Quote:
Originally Posted by Foamposite View Post
I'm going to Germany next week and need some Euros. Germany has a ton of cash only places, so I can't just use my card everywhere like the other times I travelled out of the country.
I want somewhere that I won't get screwed over on the exchange rate.

It is generally always better to exchange USD for Euro (or for any other local currency) at the destination than in the US, even if you are doing the exchange at the airport. But it is often better to exchange somewhere else in the city. Find out, not here but on Trip Advisor forum for the relevant city, whether there is a major difference in exchange rates at the airport vs. somewhere else in the city. If there is no major difference, just exchange all the money at the airport when you get there. If there is a difference, exchange $100 at the airport, and the rest in the city (ask on Trip Advisor forum where exactly).
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Old 09-10-2019, 07:58 PM
 
34,004 posts, read 47,240,427 times
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Quote:
Originally Posted by silverbullnyc View Post
Your bank.
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Old 09-10-2019, 08:01 PM
 
Location: Honolulu/DMV Area/NYC
30,612 posts, read 18,192,641 times
Reputation: 34462
Quote:
Originally Posted by silverbullnyc View Post
Your bank.
The place I went to had better rates than my bank did (in the link I provided). Considerably better rates. Then again, that was years ago.

Edit: here is another discussion on currency exchange rates/locations from some years back: Converting US to Pounds before traveling

Last edited by prospectheightsresident; 09-10-2019 at 08:11 PM..
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Old 09-10-2019, 09:32 PM
 
8,331 posts, read 4,372,464 times
Reputation: 11982
Quote:
Originally Posted by silverbullnyc View Post
Your bank.

That is generally where you get the worst possible rate :-).



Again, it is best to exchange USD for euro (or for anything) outside the US, at the country where you are traveling. Beyond that, the worst exchange rates abroad tend to be at hotels, second worst at banks (which charge fees) - money exchange services tend to be better. As I mentioned, sometimes (but not always) these money exchange services have the same exchange rates at the airport and in the city.


You can look up exchange rates at different places online, but just asking on Trip Advisor furum will save you time (or you can just search old Trip Advisor topics, because the questions about money exchange are among the more common ones on that forum).
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Old 09-10-2019, 10:06 PM
 
Location: New York, NY
3,672 posts, read 2,748,808 times
Reputation: 4639
Uhhhhh, a bank?
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Old 09-11-2019, 06:02 AM
 
43,618 posts, read 44,346,965 times
Reputation: 20541
Usually it is best at one's destination to find an ATM that accepts your American debit card and withdraw the local currency there.
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