Title: How to Change Money to a Foreign Currency | USA Today
Headings: How to Change Money to a Foreign Currency
How to Change Money to a Foreign Currency
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Content: Exchange rates are the numbers that tell you how much one currency is worth in relation to another. For instance, if you have a 1:1 ratio, than the money for each country is of equal value. If possible, exchange your money at a time when your money is worth more than the currency of the country for which you are exchanging. You will get more when you convert to that country's currency. Step 2
Determine your travel expenses so you know how much money you need to convert. You do not want to convert too much, because converting back can be tricky in some instances, and, depending on exchange rates, may cause you to actually lose money. In the United States, banks traditionally convert from the dollar but not back to the dollar. You do not want to be left with money you cannot use upon your return. Travel Tips Video
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Find the location that is going to give you the best exchange rate, and exchange your money there. This may be your bank or a local money market.