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I've just noticed on the teletex and on the net you can get currency rates and tourist rates, both are different. Which one should I rely on, especially with the Indian rupee? What's the difference between the 2? Which websites should I use?

2007-01-27 01:39:10 · 10 answers · asked by vuvuzela 5 in Travel Travel (General) Other - Destinations

10 answers

Generally the tourist rates are regarded as the retail cash rate, which is the one you will get if wanting cah. The currency rates are retail card rates, typically given to card transactions. There is yet a third rate which you never hear of because they generally wholesale rates given to retail institutions.

A lot of people on Yahoo Answers seem to use http://www.xe.com/ but I have tended to use http://www.oanda.com/. Neither is a better or worse site - it depends which site you like the look and feel of. The rates may be differ slightly between the two sites - that will be because they take their exchange information from the curreny markets at different times.

2007-01-27 07:43:53 · answer #1 · answered by Penfold 6 · 0 0

you will get the tourist rates, usually less than the currency rates, but if you get money out using a credit card, then you will get the currency rates. Look very carefully at rates as they aren't all the same, some may appear to give you a better rate, but charge more commission.

2007-01-27 01:50:21 · answer #2 · answered by mike-from-spain 6 · 0 0

www.xe.com is a good website to get a general idea of exchange rates. If you are taking an actual trip you will find that the exchange rate changes regularly (on by a bit each day) and you just have to pick the best exchange rate you find when you need to change money.

2007-01-27 07:43:10 · answer #3 · answered by jonahbeast 3 · 0 0

Yes I agree that the exchange rate for life is not fair. Life has a monetary value according to many governments of about US$4m. The currency in my opinion is experiences as the more of those you have the richer your life is. This said the currency is not fair as it depends on circumstances, resources and luck. Most of us have choice though :)

2016-05-24 05:06:22 · answer #4 · answered by Anonymous · 0 0

I find two currency exchange rate sites that I would try. They are:

www.xe.com/ucc

www.exchangerate.com

I hope that this helps. I do not know much about the exchange rates ate all. Have fun.
Eds

2007-01-27 01:45:17 · answer #5 · answered by Eds 7 · 0 0

Tourist rates are less than business rates for that purpose.

2007-01-27 02:10:23 · answer #6 · answered by taxed till i die,and then some. 7 · 0 0

I hesitate to differ, but I use: http://www.x-rates.com/calculator.html

:)

2007-01-27 01:46:36 · answer #7 · answered by thegirlwholovedbrains 6 · 0 0

http://www.oanda.com/convert/classic

2007-01-27 01:48:05 · answer #8 · answered by ragingmk 6 · 0 0

I agree www.xe.com

2007-01-27 01:44:44 · answer #9 · answered by Kat 5 · 0 0

I use www.xe.com

it's accurate and live.

2007-01-27 01:43:57 · answer #10 · answered by Anonymous · 2 0

fedest.com, questions and answers