I am thinking of going to Italy for my first time and when I check prices it says Euro's...I do not understand the difference, can someone help?
2007-01-26 08:13:56 · 7 answers · asked by Becky H 1 in Travel ➔ Italy ➔ Other - Italy
Well ,today's rate is 1 € = 1,30 US dollars or if you prefer 1 US dollar = € 0,77.- However this is the official rate,for business transactions. Unfortunately tourists that want to buy Euros and paying US$ cash are quoted a different rate by the money exchangers - I was last week at the Florence's Airport and I've noted the following rates :
You buy 1 € they charge you 1,42 US$
You sell 1 € they give you back 1,18 US$
As you can see the rate is fairly worse...!!
The best (and the safer) would be you pay the most is possible with yr credit card and take advantage of the better rate offered by yr credit card's company- Same as I've verified with my creditcard (I've VISA issued in Italy by BankAmericard) they should debit you the official rate of exchange, increased with a small % commission.
Apply them for better information prior leaving to Italy.
I guess you'll find at the end a big difference and also you'll not have the problem of carrying with you too much cash (that could be also pic pocketed...!!).
2007-01-26 22:26:04 · answer #1 · answered by martox45 7 · 0⤊ 0⤋
The exchange rate is not good at all for Americans. When the lire was in Italy and the dollar strong, not that long ago, visiting Italy was great. Now, due to the Euro and falling worth of the dollar it is expensive for Americans to be there. Think of it this way-kind of like your dollar is only worth about 75 cents. When I was there in 2000 a dollar was worth two dollars. HUGE difference!
But don't let that keep you from going, as Italy is a jewel. You just have to travel in a more severe budgeted way, I guess.
2007-01-26 17:59:09 · answer #2 · answered by ontheroadagainwithoutyou 6 · 0⤊ 0⤋
Euros are worth more than dollars, i thinks its like .30 cents more so $1=.70 EU. You can find the exact exchange rate online though.
2007-01-26 16:19:50 · answer #3 · answered by cashis 4 · 0⤊ 0⤋
www.xe.com
1 Euro = 0.775 Euros.
2007-01-26 16:31:48 · answer #4 · answered by cristinasanchezv 1 · 0⤊ 0⤋
http://www.x-rates.com/calculator.html
this will exchange us dollar amounts to euro
2007-01-26 16:21:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
use this currency calculator...
http://www.x-rates.com/calculator.html
2007-01-26 16:19:09 · answer #6 · answered by Rmprrmbouncer 5 · 0⤊ 0⤋
www.xe.com
2007-01-26 16:21:12 · answer #7 · answered by Anonymous · 0⤊ 0⤋