Articles for Teachers
So, what do you do about foreign exchange when you're planning on going to a new country?
Do you worry about this before you go, or after you get there? Do you buy your money from the bank or at the airport?
These are questions that every traveler should think about before they go off on their new journey.
Here are some of your options:
1. Buy it from a currency exchange business before you go (whether that be in your home town, or at the airport).
2. Buy it from a bank (mind you, chances are they'll only have it if it's a major currency such as the American dollar or the British pound)
3. Buy it at the airport once you land (only the smallest airports don't have a currency exchange, and keep in mind they'll most likely keep regular business hours).
4. Buy it from one of the local banks (every bank there will have their own country's money, the only question is, do they accept yours?).
From personal experience, I'd recommend having some of the new currency on me, before even stepping onto the plane. That just gives me some piece of mind. So, before every trip, I buy from my local currency exchange business. I buy as much as I can afford or as much as I feel that I'll need.
No matter where you decide to buy from, be aware that whoever sells it to you will charge you some kind of transaction fee or service charge. I try to keep this in mind when buying my own.
Another thing to think about is, when it's time to go home and you've got some left over cash, whoever you decide to sell it to, they're going to buy it back for a little less than the going rate.
You may even decide to keep a little bit for a souvenir!
Good luck and bon voyage!