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Eurodollars or Austrian shillings

Eurodollars or Austrian shillings

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Old Aug 11th, 2000 | 01:32 PM
  #1  
gerhard
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Eurodollars or Austrian shillings

We are going to Germany and Austria and wish to cash in some money prior to leaving. Should we get Germany Marks and Austrian shillings or should we convert to Eurodollars? How much are Eurodollars being used?
 
Old Aug 11th, 2000 | 01:58 PM
  #2  
Caitlin
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Euros don't exist as actual currency yet, only for banking transactions, so they're not used at all (though you will someetimes see prices listed in both local currency and Euros). The paper/coin Euro starts being phased in next year, I believe.
 
Old Aug 11th, 2000 | 02:12 PM
  #3  
John
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Gerhard, use Marks and obtain only minimum currency (maybe US$50 or so) on this side of the Atlantic, then use ATMs once you arrive. Much better exchange rates. BTW, I expect calling them "Eurodollars" instead of "Euros" will be offensive eventually.
 
Old Aug 11th, 2000 | 09:26 PM
  #4  
Paul J
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John: <BR> <BR>Re: Euros vs Eurodollars <BR> <BR>I was reprimanded,in a friendly way, by a good friend from Scotland, when I called them "Eurodollars". He said they are "Euros". It apparently is a sensitive subject already...Paul J
 
Old Aug 11th, 2000 | 10:36 PM
  #5  
Sjoerd
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Yes, it is a sensitive subject, so call them by their name: euros. For some reason, there are some people who think that all currencies are dollars. An American once asked me: "Do you know where I can change my German dollars for Dutch dollars?". <BR>Euros in physical (banknotes and coins) form will be introduced in January 2002. Until that moment, you can only use the "old" currencies, such as Austrian schillings and German marks. If you want to see what the new euro banknotes will look like, go to: http://www.ecb.int/ <BR>
 
Old Aug 12th, 2000 | 01:46 AM
  #6  
Julian
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While we're on the subject, some of our American friends may need reminding that the British are outside Euroland and will be retaining the pound for the foreseeable future. And yes, people will get pissed off if you call the new currency Eurodollars.
 

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