Exchange currency for USD

Yahoo
FakeDonald

Go to company page Yahoo

FakeDonald
Jul 3, 2017 8 Comments

I have few hundred EUR, GBP and CAD. What's the cheapest way to convert them to USD. I see that currency exchanges at airports rip off people so wanted to know if someone knows of a better way. Can I exchange coins too or only notes?

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TOP 8 Comments
  • Google
    VOxJ72

    Go to company page Google

    VOxJ72
    Just have it exchanged at a bank. Too much trouble to get a really low exchange fee for a few hundred.
    Jul 3, 2017 2
    • Yahoo
      FakeDonald

      Go to company page Yahoo

      FakeDonald
      OP
      Thanks a lot. I didn't knew we can deposit foreign currency at a bank. I just did mine at Bank of America !
      Jul 3, 2017
    • The bank conversion rates are a rip off if got specifically buy/sell at their branches. If you go to a foreign country and withdraw local currency from an atm, then the conversion rate is good.
      Jul 3, 2017
  • Amazon

    Go to company page Amazon

    I just put it in my sock drawer and next time I hear a friend or co-worker is traveling there I make a deal with them. they get a better rate too. everybody wins.
    Jul 3, 2017 0
  • Google
    VOxJ72

    Go to company page Google

    VOxJ72
    Last time I went to the mall to try to get another currency, they tried giving me a rate that's effectively about 20% less than what I should have gotten at fair market rate. Luckily my wife had enough knowledge about the exchange rate to pull me away.
    Jul 3, 2017 0
  • Oracle
    foc-cus

    Go to company page Oracle

    foc-cus
    Just curious: what is the difference if you exchange at currency exchange in a mall vs other methods above to qualify it as "rip-off"?
    Jul 3, 2017 0
  • Airbnb
    nmw

    Go to company page Airbnb

    PRE
    Facebook, Google
    nmw
    I've transferred about $10000 with transfer wise. Works great. Less fees than the banks wanted
    Jul 3, 2017 0