Do you keep foreign currency or change in back to your own?
By Koalemos
@Asylum (47893)
Manchester, England
November 9, 2012 11:39am CST
As we all know, when we purchase foreign currency for a holiday or other trip then we lose a small amount as payment for the transaction, and when if we concert it back to our own currency we pay a further exchange rate. This can be an inevitable fact of life sometimes and I have visited many countries and lost via the exchange rate twice.
However, with the advent of the Euro in the Europeam Community I have stopped doing this to a great extent. Whenever I purchase Euros I keep the money that I bring home and use it next time I go to a participating country.
Do you ever save the leftover cash from somewhere you intend to return, or simply change it back to your own and purchase more for your next visit?
2 people like this
5 responses
@KrauseHome (36445)
• United States
25 Jan 13
Actually most of the time when I have found money, including Canadian most of the time unless it would be a larger amount I just would rather not find it. I have never been to a foreign country other than Canada once, so never had to worry about this. But if I did, I would have to exchange it both times.
@Asylum (47893)
• Manchester, England
25 Jan 13
Canada would seem a logical place for you to have visited because you cannot be far from the border. Since you apparently have no plans on returning then exchanging any surplus currency would be the obvious choice, assuming that the amount actually justified it.
1 person likes this
@poppoppop111 (5731)
• Canada
22 Jan 13
I usually don't travel to the same place twice but most times in the carabean they will accept American money soi exchange my Canadian to American and use that and then save my American forte next trip. I will sometimes get local money but not a lot.i usually end up having about 5 dollars leftism local money andi end up keeping that as a souvenirs.
@Asylum (47893)
• Manchester, England
22 Jan 13
It is no problem having a few dollars left because it is not much to worry about. I usually tend to carry excess cash in order to be prepared for any event, so obviously amounts equal to $100 or more become a more significant factor. I had to change back Zloty after my visit to Poland, Koruna from the Czech Republic and Dirham from Morocco etcetera. This is costly due to losing on the exchange rate both ways, so the prolific use of the Euro is wonderful for me.
@Asylum (47893)
• Manchester, England
10 Nov 12
I have been to few non Euro countries over the past couple of years, namely Poland, Morocco and the Czech Republic, so it was necessary to exchange the currecy when returning home. However, the majority of my trips have been within the Euro zone so it is easier to keep hold of the money.
@mariaperalta (19073)
• Mexico
9 Nov 12
I went to the usa several times, so I hd dollars. I kept those coins and bills as Mexico also acepts dollar sin most places. I can also go to my bank and change them If I need to. But for the most part I keep them.
@Asylum (47893)
• Manchester, England
9 Nov 12
That certainly is helpful if Mexico accepts the currency. This puts you in a similar position to myself if you travel to the USA a few times, whereas a single visit to a country using a different currency can be expensive if you need to exchange the currency twice.
