say im in A but going to B for a trip.is it generally a better deal to exchange B\s currency in country A or country B?
2006-06-17 13:27:54 · 13 answers · asked by paul.f 1 in Business & Finance ➔ Other - Business & Finance
does not matter
if they are both industrialized nations
2006-06-17 13:31:55 · answer #1 · answered by Poutine 7 · 1⤊ 0⤋
It's better to exchange it in the country you are heading to. It will probably be cheaper in the long run. Some countries charge a currency transaction fee besides that if you exchange it in the country you are going to, you are decreasing the risk of getting ripped off by the other country.
2006-06-17 13:33:20 · answer #2 · answered by HappyCat 7 · 0⤊ 0⤋
I'd wait until I get to country B, know what the exchange rate is before I go, if I'm using a translator/tour guide, ask them where is a good place to exchange, and use that place. I routinely travel to Russia and can get around 2 extra rubles per dollar when I exchange at there in Russia as opposed to the exchange rate the banks offer here. The exchange place here will make a profit based on America's concept of a dollar as compared to the exchange place in the foreign country making a profit based on their idea of money. And, in Russia, it currently is around 28:1.
2006-06-17 13:32:28 · answer #3 · answered by firerookie 5 · 0⤊ 0⤋
country A
2006-06-17 13:38:43 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If you can ride the bus without your particles ending up on rooftop 600 meters away .. I'd say, go to "B" country, and backtrack to A only if there's no alternative to getting out alive with a degree in Homeland Security.
2006-06-17 13:31:35 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You should always arrive in a country with at least a small amount of local currency.
2006-06-17 13:34:45 · answer #6 · answered by Anonymous · 0⤊ 0⤋
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2016-10-14 06:28:13 · answer #7 · answered by ? 4 · 0⤊ 0⤋
in country A ( your country)
2006-06-17 13:32:17 · answer #8 · answered by harry 2 · 0⤊ 0⤋
Before you go, ask you local bank how the rate of exchange has been. they would be the best to advise you.
2006-06-17 13:32:00 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Country B has terrible water and no bathrooms...don't go there...but i would change the money there.
2006-06-17 13:29:06 · answer #10 · answered by embigguns 5 · 0⤊ 0⤋
Johannesburg is the cheapest major city of all, but for the life of me I don't know why you'd want to go there.
2006-06-17 13:31:38 · answer #11 · answered by Bender 6 · 1⤊ 0⤋