Im from the US im going to Europe and I need to know all about the money dirrences.
2007-11-25 10:02:42 · 13 answers · asked by (NO NAME) 2 in Business & Finance ➔ Other - Business & Finance
£ IS BRITISH , € IS THE EURO
DO NOT KNOW WHAT THAT $ IS , COULD BE A DOLLAR SIGN
2007-11-25 10:05:38 · answer #1 · answered by Anonymous · 0⤊ 1⤋
The pound is worth a little more than $2 US. So look at the price in pounds, double it, and you'll be pretty close to what you are paying in dollars.
The euro is in between, and is about $1.50 US, Take the price in euros, add half of it again, and you're close to the dollar amount. If something is 40 euros, half of that is 20, 40+20 is 60 - so something that costs 40 euros will cost you about $60 US.
These aren't exact, but are very close, and will make it fairly easy for you to know what you are spending when you are using the other currencies.
2007-11-25 18:43:28 · answer #2 · answered by Judy 7 · 0⤊ 1⤋
The dollar is worth about half of a Euro, or, it takes 2 USD to buy 1 Euro.
An online site to visit to get rate conversions is http://www.xe.com/ucc/ but there are are plenty of others.
The broker who you buy and sell your euros from will probably charge a little more than the "market" rate, so don't be surprised to not get exactly the amount you have researched. You need to shop around to get the best rates. You might also be charged a fee for exchanging currency.
Almost always, it is much better to charge your purchases on a credit card, as you are most likely to get the best conversion rate from your credit card company.
The worst places to exchange currency are invariably the airport counters that specialize in these transactions.
2007-11-25 18:13:31 · answer #3 · answered by Javaman 1 · 0⤊ 2⤋
The exchange rate at the moment is good for us brits but bad for the Americans as for every one of our £'s this is doubled in dollars
E.g Sunglasses = $20 = £10
CD = £20 = $40
I'm going to America soon for the first time since 2003, only because our holiday will be half price, so if you were to come to Britain, it would have doubled since 2003
2007-11-25 18:10:34 · answer #4 · answered by vintagechick 4 · 0⤊ 1⤋
not really sure what your question means but heres my go at an answer.
£ = Pound, Quid, GBP, Sterling (Part = pence)
$ = I guess you know this (Part = cent)
For exchange rates its about $2 to £1
Denominations: Low to high
1p (p= Pence) (Coin)
2p (Coin)
5p (Coin)
10p (Coin)
20p (Coin)
50p (Coin)
£1 (Coin)
£2 (Coin)
£5 (Note)
£10 (Note)
£20 (Note)
£50 (Note) (If you get these when you change your money ask for 20s and 10 instead as a lot of places wont give you change for it)
p.s. The UK is expensive especially for cigarettes and alcohol.
2007-11-25 18:11:49 · answer #5 · answered by Mike S 3 · 0⤊ 1⤋
£1 = $2
€1 = £0.72
2007-11-25 18:05:53 · answer #6 · answered by Phil McCracken 5 · 0⤊ 1⤋
£1 = $2 and a lot of countries use Euros that is worth less than a pound.
2007-11-25 18:08:39 · answer #7 · answered by j_emmans 6 · 0⤊ 1⤋
As at today:
$1 = £0.485
$1 = €0.675
2007-11-25 18:26:50 · answer #8 · answered by Bob P 5 · 0⤊ 1⤋
change to Euro traveller cheques before you leave... .
2007-11-25 18:12:56 · answer #9 · answered by fluxpattern® 5 · 0⤊ 0⤋
it'll seem about twice as expensive
2007-11-25 18:10:33 · answer #10 · answered by Icarus 6 · 0⤊ 1⤋