Europe Forums

Post New Topic

Recent Activity

View all Europe activity »
  1. 1 Schlipol Airport/Amsterdam/question
  2. 2 Greece
  3. 3 Trip Report This Pirate goes to Penzance, and then on to the land of Fire and Ice
  4. 4 Surprise 30th Birthday Trip... ideas?
  5. 5 Please help with Carry-on Question--CDG!
  6. 6 Iceland france spain
  7. 7 Help on ancient history route
  8. 8 Amalfi coast in august
  9. 9 Lake Como- Which villa has the best garden?
  10. 10 RS view on booking.com & the like
  11. 11 (Repost) Overall cost of three weeks in Scotland??
  12. 12 Split, Croatia Itinerary help
  13. 13 Hiking lake Como
  14. 14 Prem fares (again)
  15. 15 Please help: Swiss Pass/Lucerne/Engadine?
  16. 16 Charming hotels in Paris, please help.
  17. 17 Top Tapas Tascas
  18. 18 Frankfurt to Achen travel by train
  19. 19 Fly out Venice or Rome
  20. 20 If your site isn't working because of the update, just take it offline
  21. 21 Dolomites Sept 2017 express bus schedules
  22. 22 Italy- dolomites and cinque terre
  23. 23 Trip Report Incredibly Beautiful, Fira, Greece
  24. 24 Renting a car in Greece
  25. 25 tickets for Wimbledon
View next 25 » Back to the top

Today's Euro Exchange Rate at Local Bank...Pas Mal!

Jump to last reply

just back from Chase, my bank, and the bloke next to me asks for $300 worth of euros - so peeked my interest as to what the bank was paying vs what he'd get if he waited to use ATMs in Europe (at any airport)... feeling smug about being in the know about what a waste of money this guy would be doing...

Voila - today's rate at Chase was $1.44 to the $, which did not sound so bad to me after all - now I see Bloomberg says right now official rate is $1.37 to the dollar - figuring that is the official rate which no one ever gets - banks make money by buying and selling - profiting from the difference - so I figure $1.39

so the guy is losing 5 cents on each buck he exchanges or $15 all told.

and to me for peace of mind to have some euros to get started - for cab ride in from airport, etc. and not have to ferret out airport bank ATMs that sounds like a good deal.

Of course changing much more would be foolish but for a starter kit of money not as bad a deal as I thought. Bank had no service charge or fees apparently.

Anyone know what the current rate at ATMs in Europe are - perhaps my $1.39 figure is too high? Plus you have to factor in the $5 flat fee most banks charge for using ATMs hooked to your checking account in Europe.

Seems not a bad deal at all.

Anything I am missing?

14 Replies |Back to top

Sign in to comment.

Advertisement