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Foreign Currency - Information and Tips
Obtain cash for your trip before you go. No need to wait in airport lines after a long flight, paying fees for the privilege. No need to convert cash at your hotel at unfavorable rates. Click here to purchase Foreign Currency When you're heading overseas, it is always a good idea to take a small quantity of local currency with you in case of emergency. Sometimes you may arrive in a country and find that the currency exchangers are closed, and you may find yourself in dire need of some money for a taxi or something to eat until you can get some money.

There are several companies that will sell you small quantities of foreign currency in the States, for use on your trip. One such site is Direct FX, which even lets you order online. You will not get the inter-bank rate on these exchanges. Direct FX will also buy back any unused foreign currency (US value of $20 and above) after your trip.

International airports and large banks have exchange bureaus where you can exchange a small amount of money before you leave. Or, look up foreign exchange brokers in the yellow pages.

It's also a good idea to keep some small U.S. bills with you when you're traveling overseas. These will come in handy if you are leaving the country and only need a small amount of foreign currency, rather than changing a larger traveler's check.

In some countries, particularly those in need of "hard currency" or with huge inflation rates, you may get better exchange rates with U.S. dollar bills.

For current exchange rates, go to Oanda.com

Find broken links, incorrect information or have related tips you'd like to share? Let us know!
 

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