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Old Yesterday, 06:23 PM
 
2,162 posts, read 663,429 times
Reputation: 1549

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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 Yesterday, 07:00 PM
 
Location: DMV Area/NYC/Honolulu
12,958 posts, read 6,659,737 times
Reputation: 12537
Best Currency Exchange place
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Old Yesterday, 07:23 PM
 
2,162 posts, read 663,429 times
Reputation: 1549
Oops, I meant the other way around
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Old Yesterday, 07:32 PM
 
Location: Brooklyn
2,325 posts, read 2,872,711 times
Reputation: 1423
Your bank.
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Old Yesterday, 07:33 PM
 
1,918 posts, read 687,059 times
Reputation: 2063
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 Yesterday, 07:58 PM
 
Location: Confines of the 101 Precinct
20,192 posts, read 35,170,235 times
Reputation: 8677
Quote:
Originally Posted by silverbullnyc View Post
Your bank.
"You must spread some Reputation around before giving it to silverbullnyc again."
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Old Yesterday, 08:01 PM
 
Location: DMV Area/NYC/Honolulu
12,958 posts, read 6,659,737 times
Reputation: 12537
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; Yesterday at 08:11 PM..
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Old Yesterday, 09:32 PM
 
1,918 posts, read 687,059 times
Reputation: 2063
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 Yesterday, 10:06 PM
 
Location: New York, NY
1,939 posts, read 1,328,584 times
Reputation: 2352
Uhhhhh, a bank?
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Old Today, 06:02 AM
 
32,550 posts, read 33,402,572 times
Reputation: 15159
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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