Francs vs. Euros at ATMs
#3
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No euros until near 2002. But prices will be posted in euros as well as francs, and your credit card statement will show euros. <BR> <BR>For info on the euro see www.twenj.com/euro.htm <BR> <BR>Ed
#6
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There is no euro currency yet so >cash< will be in local currency. <BR> <BR>International transactions are supposed to be settled in euros. It may depend on the card-issuing company as to whether your statements actually show euros or local currency, though. <BR> <BR>Ed
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#8
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i kind of like to have an idea of what i'm paying in $'s and if i don't know which currency it's going to be based on it's kind of hard to do. seems like no one knows. i called my credit card company today and they didn't even know there was two currency's.
#9
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If you buy something with your credit card for 700 francs in Paris, it won't make a lick of difference to you in dollars if the card company settles the transaction in francs or euros. You've still spent FF700. <BR> <BR>When converting to dollars from francs or euros, your card company will charge you a fee to convert to dollars in the form of a reduced exchange rate from the wholesale rate (1% is good, 5% is robbery). This "fee" is the same whether converting from francs or euros. <BR> <BR>One euro = 6.559603 francs. Always has, always will. As an American, it makes no difference whether you're billed in Francs or Euros.


