How many euro for $ 1000.00
 

Been to American Express in Chicago and asked how many Euro I could get for $1000.00. Hair short of 950.00 Euro. Does anyone know as of today or so what $1000.00 will buy in a Euro country?

Tuesday, August 27, 2002<BR><BR>1000 Euro = 980 US Dollar <BR>1000 US Dollar (USD) = 1020.41 Euro (EUR)<BR><BR>Median price was NA / NA (bid/ask)<BR><BR><BR>OTHER RELEVANT CONVERSIONS<BR><BR>1000 Euro = 640.52 British Pound <BR>1000 Euro = 115831.1 Japanese Yen <BR>1000 Euro = 1460.2 Swiss Franc <BR>

Tuesday, August 27, 2002<BR><BR>1000 US Dollar = 1020.41 Euro <BR>

It's pretty close to 1:1 most days lately. The 950 quoted you most likely includes heafty fees from American Express. Wait to change your money until you get to Europe (even at your first airport).<BR><BR>The exchange rates are easily found daily on the internet. You will always pay alot more changing money in the States, both in possible fees and in bad exchange rates offered.

The Euro is slightly more than a dollar (i.e. 1USD = 1.02Euro). Rather than buying Euros in the US, wait until you get to Europe. All airports have a facility to change money but I would recommend using an ATM machine to get your Euros. The exchange rate is wonderful and there are ATM's all over Europe, including every airport that I have ever been in.

It'll buy roughly ?950 worth of goods....<BR><BR><BR><BR>Is this the daftest question I've seen on here or what? It's definitely the best laugh I've had today.<BR><BR>If by any chance it was serious, give us a "for instance" and we'll try to answer.

plan for 1 to 1 ...whats 40 bucks either way, it changes every day..don't sweat the small stuff

<BR>If you budget very conservatively, $1000 could buy you as much as 10 days food and lodging. However, if you prefer to spend more money on those necessities, you will have fewer days. A hotel at $300-400/night and nice (i.e. expensive) restaurants will only give you about two days.

Jim<BR>$1.00 = 1.02 Euro makes the Euro slightly LESS than a dollar U.S.

Sheila should try to answer instead of being a smart ass limey...........<BR>you fat bitch.........

Thanks. That should get this thread pulled.<BR><BR>Didn't you think it was funny?

But it's okay for you to post whatever you want????????????

To give you a quick answer, I think you should be able to get about 1000&euro; for $1000, perhaps a little more.<BR><BR>Here is my rationale.<BR><BR>As near as I have been able to figure it out based on my own ATM withdrawals of local currencies while abroad, I have gotten the wholesale bank rate of exchange less 1%.<BR><BR>Today, at 4:50 PM EDT the wholesale rate was .98350 USD for 1 euro, or taking the inverse, it was 1.0167 euro for a dollar. So $$1000*1.0167 - 1% comes out to<BR>1006.53&euro; for $1000.<BR><BR>If AE is offering 950&euro; for $1000, you are being clipped about 6%, depending on the rate AE was using at the time. <BR><BR>If I had to do the conversion, I would try to set up something with an ATM and my checking account. My ATM card has a limit of about $600 per day, however. So I would not be able to draw out all $1000 at once from one account. I could get $500 worth on two consecutive business days as far as I know. (Never tested it.) Or if I knew in advance I had to do it, I could set up two accounts. <BR><BR>I have not, however, been able to pin down either Visa or Mastercard on just exactly which rate of exchange was used to make a transaction. <BR><BR>The rates change continually all day long and neither outfit will answer my question: Which specific rate from a daily stream of exchange rates do you use to figure bank conversions between two currencies? Is it the average rate, the high rate for the day, the low, the close, the noon, some exponentially smoothed average, or just what?<BR><BR>I was in effect told to go away and quit bothering them because they were not going to tell me!<BR><BR>Of course I don't know what rate AE was basing its quote on, but you can be sure it was not in your favor!!<BR><BR>That is one reason I react with mixed feelings of amusement and horror when people tell me that they can buy euro denominated traveler's checks at NO FEE. Right, sure!! I would not need to charge a fee either if I was adjusting the exchange rate 6% to 7% my way before making the deal. <BR><BR>If you don't know the bank wholesale rate, you will never know to what extent you are being fleeced.<BR>But you are not coming out of it with a whole skin!! GOOD LUCK! It pays to keep shopping. A broker friend of mine told me that he once heard of a transaction of involving the exchange of $30,000. The yield in euros varied considerably from bank to bank. They just kept hunting until they thought they had the best deal. <BR>

Sheila certainly gives lie to the assertion that Scot folks are frugal.<BR>Perhaps they are pound foolish, but penny wise. Get them to think about more than 100 quid and they lose their fiscal sanity.<BR>At any rate, it was a legitimate question from ToddT. Perhaps the fiscal subtlety of it escaped notice.<BR>At least Toddt has an estimate of what he should derive from his money.<BR>Sorry, I don't think $40 is small stuff.<BR>If I stole $40 out of your desk drawer, you would call the police. So knock off the small stuff derision. It ain't true!!<BR>

OH CRAP Al what did you spend on coffee or crisps this month///40 dollars OR euros over the cost of a trip is peanuts ...Do you all want to obsess ove a few dollars..or euros ..or pounds..just get on with it!<BR><BR>If 40 bucks over a 10 day trip is going to make or break you maybe you better stay home and apply for medicaid

Typical man with a small dick calling an unknown woman a fat bitch as if he has any clue! <BR> And typical person with small vocabulary and limited wit that thinks calling someone a fat bitch is going to be upsetting.Children say that for Gods sake!<BR>Caroline<BR>

<BR>I am printing this off to show to my fourth grade class to demonstrate how adults act and talk. I'm sure they will enjoy it very much. Thank you.

Yeah,right, teacher,I am sure you will show this to 4th graders.<BR>Get a grip.

No answers. I just like typing the &euro; &euro; &euro; &euro;

There has got to be some way to block posters like [email protected] <BR>The worst thing is, as an American, that I suspect he's one of ours.

&E

OOps, I forgot how to do it!!!!<BR><BR><BR>&e<BR>

Remember? & euro then semi-colon<BR>&euro; &euro;

&euro;

THANK YOU TEACHER!!!!<BR>&euro;

I think you've got the right answers about the conversion from USD to euro. As of today, if you buy euro it's $1=1.02 euro meaning you will be getting $.02 less per every dollar you sell. Therefore, converting $1,000.00 will net you 980 euro.

<BR><BR>Pardon me, but I think the waiter mixed up these dishes. Do those fish eggs belong to you?<BR><BR>No, I believe they're euro.

If I took $50.00 from you, will you promise not to call the cops.<BR>Or how about writing me a check and sending it to me??<BR>If you lost 40 bucks down a grillwork on the sidewalk, I bet you would be jumping and down screaming.<BR>And I dare you to tell me you would not.<BR>

Skippy<BR>once again you made me laugh out loud.<BR>I love you:)

To XXX: you're wrong. The US$ is stronger. At 0.98, USD1000 will get you EUR1020. USD amt/(euro rate)= what you will get in euro.

If American Express will only give you 950 euro for us $1000 they are charging you US $70. That seems quite high to me. Excnage rate today at 1.02 Euro <BR>US 1000 = Euro 1020<BR>AMEX 950<BR>Diff 70.<BR>

Can we just mature here or what !!<BR>I mean lets be serious for crying out loud - this place can be worse than a kindergarden school !!<BR>First of all the initial question is very silly (nice way of saying very very stupid) and the person who wrote it is obviously not very intelligent! (nice way of saying thick) Todd, 1/Don't go to American Express to change yr money in the first place! 2/ Change yr Dollars in Europe ! 3/When you get here, you will find out exactly how far you'll get on 1000 Euros !! I mean, grow up for God's sake, what do you expect us to tell u?? That u can by 2 t-shirts, 25 good meals, stay 2 nights in a 3-star hotel and get pissed twice !!!

Bunch: Who said I was buying Euro at American Express. What is wrong with the question? Just comparing. The question wasn't how much I can buy it was how many euro's I can expect for $1000. Thanks for the great answers. Now for Sheila, XX,XXX,Bunch: Go F- - - yourself.

ToddT<BR>You go F yourself! you ask a stupid question, and then insult the people who answer? F you!

Todd really did not say he bought the euro at Amex. He only enquired. That's what I did also. I wanted to get an approximate idea of how many euro to the dollar and asked Amex. <BR><BR>As to a hefty fee at American Express as has been suggested being the supposed cause of the diff. between $ to euro, American Express is a flat fee of $5.00 per transaction. <BR><BR>Those comments towards Todd were really uncalled for.

With respect Todd, your exact question was<BR><BR>"Does anyone know as of today or so what $1000.00 will buy in a Euro country".<BR><BR>If what you meant was, as the header said "How many Euros will $1,000 buy" then I apologise for laughing. However, presumably, you can see the difference.

Sheila: The Header read "How many euro for $1000" and I also apologise because in the paragraph it did say "what $1000 will buy in a Euro Country" I must admit it wasn't worded properly.

Frankly, Todd, I don't think you have written anything that requires an apology. There are, on the other hand, quite a few vulgar comments above that are as as ill-mannered as they are ignorant. Unfortunately the authors of those comments lack the decency to apologize; they think they did something cute. Notice that all of them hide behind the cloak of anonymity.<BR>That bespeaks as much to cowardice as it does to anything else.<BR><BR>That terminology you used is often employed in international economics classes as a colloquial means of expression when comparing buying power between economies.<BR>The assumption always is that the US currency is a benchmark subject to daily exchange rate fluctuations.<BR>But when an American firm must pay its employees overseas from the home office, the ultimate benchmark of cost is in US dollars.<BR>What will it cost the firm in terms of its taxable income, which is measured in dollars, to meet the overseas payroll and expenses? I know, some firms run different accounting systems and incorporate overseas, but the fiscal reports to the stockholders are bottomlined in dollars and all costs ultimately come down to that unit of measure. (If an overseas branch is losing money, you can be assured that the bills are paid by dollars flowing out of the USA!!)<BR>So it is common to ask: What will our $1,000, or $1,000,000 buy us in country Y? In which nation is it cheaper to do business? <BR><BR>And strategies for hedging expenses by doing futures trading in various currencies is a major undertaking.<BR>(If someone had foreseen the decline in the dollar, and had traded for piles of euros when the exchange rate was about 88 cents US for 1 euro, he or she could have made about 12 to 14% --if the timing was right.)<BR>The euro has been a levelling device, a unit of commonality, that did not exist a few months ago, but the chief fiscal officer in a firm based USA side is always asking for costs in dollars or dollar equivalent figures.<BR>So the question is legit: What will $xx buy in country Y? <BR> <BR>Don't apologize for something that is legit, and makes sense to those of us who know what you mean.<BR><BR>One thing about this board, ignorance of the subject is no restraint!!<BR>And insulting people is the norm. <BR>Interesting that we get angry when foreigners insult us, but the insulters think it is ok to do what they do to anyone. And if someone retaliates, the onus is somehow not on the insulter but on the insultee. Mutual respect is a thing of the past in the USA, and potshot insults are somehow regarded as funny even though the target is a legitimate questioner.<BR> <BR>

Can we ever stick to the question at hand here? As others have mentioned, we stray from the question and go into these ridiculous makeshift stories. It's fun in its own section, but not in someone's path for "real" questions and answers. This is a travel website, not a place for someone to let out his or her desire to be a writer, comedienne, or "lack thereof"! AS FOR THE EURO QUESTION. This morning I called the AMEX office and they are offering about 100 Euro for 108.00 U.S., but that is including their 4.00 fee. It is just about even right now. Not good for the dollar, but good for calculating costs more easily in Europe!

I went back to read some of the other posts. Are you all sick? This is a travel site where people ask travel related questions. No questions is stupid - just you idiots that reply what ever you want about what ever you want to. We don't really give 2 hoots if you're fat, small, big, well endowed, or otherwise. I speak for myself only, but I am on this site to discuss travel. I think the personality problems and sex addiction site are at a different location. I hope you find out where and fast, because you are all useless on this site! Now why don't you all travel your asses off of here!