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.