What is the easiest and cheapest way to convert US dollars to euros? We are off to Spain next week. Should I get euros in the USA or wait and do it at the airport?

Check with your ATM provider re fees. ATM's are available at airports right after your clear customs. Usually it's the best way (read cheapest) way to convert. But do check with your bank. If your bank is part of a European bank, you may pay no fees. Also, the fee may be per transaction so making a larger withdrawal would be less expensive than getting the same amount over several transactions. If it is convenient for you, consider exchanging a small amount ($100) at home just in case.

Don't "convert" $ to € anywhere -- use your ATM card to get cash as you need it.

Mom:

Easiest and cheapest way would be to knock off a kiosk in Madrid.

Failing that, like everywhere else in the world, ATM's are the way to go. Most airports seem to have them. We even found them in Belarus.

Have a wonderful journey....

stu

I'd bring the $100 (or more) with me in dollars and change it in Europe if you find you need it in a pinch. Otherwise - yes, use your ATM card in Europe to get Euros. Cheapest way to do it.

Do check with not only your bank before leaving (and TELL THEM you will be going to Europe!) but also notify your credit card companies that you will be traveling there, so they can note that when checking for fraud. You might also ask them the conversion fee for using credit cards overseas. A conversion fee of 3% is not uncommon. If you have a credit union account by chance, all the fees are likely to be cheaper or non-existent.

"Easiest and cheapest way would be to knock off a kiosk in Madrid."

That's a great idea, you can extend your stay in Spain for a few years at no extra cost to you.

"Should I get euros in the USA or wait and do it at the airport?"

Neither, use the ATM. And as Andrew suggests, advise your bank in advance.