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-   -   Currency exchange - I know, I know use an ATM, but.... (https://www.fodors.com/community/europe/currency-exchange-i-know-i-know-use-an-atm-but-615662/)

bd May 15th, 2006 07:50 AM

Currency exchange - I know, I know use an ATM, but....
 
What's the best way of converting money back to US dollars, IF we don't spend it all?

missypie May 15th, 2006 07:54 AM

Save it for the next trip!

michellen May 15th, 2006 07:57 AM

I wouldn't know...we spent every last Euro!

cchottel May 15th, 2006 07:58 AM

Your bank back home should exchange (or at the airport there will probably be an exchange), but you will pay a commission and they usually only exchange paper bills.

I give out my coins as souveniers to kids and I don't take too much cash out of the ATM at any time while I'm there (goodness knows they are everywhere). I start using the cash the last day or so on my purchases to use it up so I don't have to worry about exchange when I get home.

Budman May 15th, 2006 07:58 AM

You can exchange it at the airport, but you will get a lousy exchange rate.

I always keep a small amount of Euro for my next trip (35-40), but since you are leaving from Switzerland, just budget yourself, and spend the remainder at the duty free at the airport. They will usually take a combination of US/Swiss/Euro for your purchases, at least at Shannon airport they did. ((b))

Gretchen May 15th, 2006 08:00 AM

Converting it back is just awful. Spend it at the duty free at the airport.

bd May 15th, 2006 08:03 AM

The problem is I'm going to be in London, Austria, and Switzerland which all use different currencies.

CotswoldScouser May 15th, 2006 08:06 AM

Most international airports have collection boxes for unwanted currency. Proceeds are most often used for third world children's charities.

Far more useful there than lugging back trinkets you don't want bought from the junk stores that crowd out our airport departure areas.

kayd May 15th, 2006 08:07 AM

If you'll be paying your hotel bill with credit card, pay part with cash -- all but $80-100 worth, reserving that for ground transport, airport snacking, and seed money for the next trip.

enzian May 15th, 2006 08:09 AM

It's too bad we can't set up own little currency exchange here---people returning with currency could sell it to others at an agreed rate, and we'd all bypass the bank fees.

Robespierre May 15th, 2006 08:14 AM

Well, let's see...what might we need to spend on our last day in town (if it isn't prepaid)?

Breakfast
Postcards
Kitschy tourist crap
Transportation to airport
Single-malt scotch at the DF
Probably some chocolate

Sooo - use up your cash before departure day and use plastic for the rest.

bd May 15th, 2006 08:15 AM

Great suggestions, thanks!

xyz123 May 15th, 2006 08:22 AM

It's simple...

Use credit cards for everything anyplace they're taken no matter how small the purchase...

this way you'll need very little cash and so it won't make much of a difference.

tcreath May 15th, 2006 08:32 AM

If I want to get rid of the currency I usually do just what Robespierre suggestions...I spend it at a small tobacco shop or market on things like postcards, magnets, chocolates, etc. I never have a problem getting rid of it all. However, since we go to Europe a few times a year we usually save it for our next trip.

Tracy

nytraveler May 15th, 2006 11:54 AM

Organize it so you have very little left in euros at the end. Either spend that at the duty free - or save as seed money for your next trip.

bd May 15th, 2006 12:50 PM

It's just a little harder with 3 different currencies. I'll have to plan for it 3 times, which means I'll have to get lots of tourist crap and 3 bottles of single malt scotch. Oh well, life could be worse.


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