Q&A for How to Exchange Currency

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  • Question
    Where can I exchange Japanese money for U.S. money?
    Community Answer
    You can check your local bank, or check the airport at your destination.
  • Question
    Where can I exchange US dollars when arriving in London?
    Community Answer
    At the airport with a currency exchange either before you leave or after you arrive. However, please note, it is generally much cheaper to use an ATM to withdraw money in pounds. Check with your bank to determine what the applicable fees could be for this option ahead of time.
  • Question
    Where is the best place to exchange dollars to euros?
    Community Answer
    You can exchange them at your bank before traveling, or at the airport most likely.
  • Question
    Is there an exchange rate for change from American into Canadian dollars, or is it accepted at face value?
    Donagan
    Top Answerer
    A recent exchange rate was 1.3 Canadian dollars to one US dollar. Near the border U.S. currency is sometimes accepted in Canada. The reverse is usually not true south of the border.
  • Question
    Will I have to pay any taxes when I cash in my foreign currency?
    Community Answer
    It depends on the declared value and import status. Generally speaking I'm not aware of taxes on small amounts of money brought in from an international airport or port, but large amounts must be declared; the tax rate would probably be determined by the IRS and you would most likely pay later, not immediately at the point of arrival.
  • Question
    How much is 200 pesos in US dollars?
    Donagan
    Top Answerer
    At a recent exchange rate one dollar was worth just over 18 pesos. Get the current exchange rate at any of several different sites, among them X-Rates.com and XE.com.
  • Question
    Can I exchange Afghanistan currency for USD?
    Donagan
    Top Answerer
    Yes. A recent exchange rate was 69 afghanis to one US dollar.
  • Question
    Where can I exchange VND money for US dollars?
    Community Answer
    The best places to go to though are your local banks. Go to a nearby bank (and you do not have to be a regular customer of that bank). By law, they have to give you the USD exchange for your money.
  • Question
    Where can I exchange US money for South African money?
    Donagan
    Top Answerer
    Some banks offer that service, particularly in a large US city or in Africa. There are also websites you can use such as Travelex.com.
  • Question
    Do I need to exchange currency if I am traveling to Canada?
    Community Answer
    Most Canadian businesses will accept US dollars. Most of those will adjust the price based on the approximate difference between the value of the Canadian dollar and the US dollar. Today, one Canadian dollar is worth approximately 80 US cents. A store or restaurant might give you a 15-20% "dividend" for using US dollars. Many larger businesses will also accept British pounds and Euros. If you use a credit card, the credit card company does the conversion (but might charge a fee). For other currencies, you usually have to exchange.
  • Question
    Where can I exchange money when I go to Australia
    Community Answer
    Online, there are Forex portals The portals list the rates on a real-time basis, along with currency to acquire and many payment options.
  • Question
    Will airport exchanges take fees when exchanging big USD into small USD?
    Donagan
    Top Answerer
    All currency exchanges charge fees for their service. Airport exchanges typically charge relatively high fees because of the convenience they offer travelers.
  • Question
    I have a coin that says 1,000,000 Turkish lira on it; what is the value in US dollars? Where can I exchange it if I want to?
    Donagan
    Top Answerer
    At a recent exchange rate, one million Turkish lira were worth 454,200 US dollars. The above article explains how and where to exchange currency.
  • Question
    How much is 100,000 Canadian dollars in Nigeria naira?
    Donagan
    Top Answerer
    At a recent exchange rate, 100,000 Canadian dollars were worth 276,450,000 Nigerian naira.
  • Question
    Where can I change Thai Baht currency?
    Community Answer
    You can use a local bank, or try checking with the airport at your destination as they may be able to change the currency for you.
  • Question
    Can an American citizen exchange NZ currency to US dollars in America?
    Spaceship
    Community Answer
    Yes, any form of foreign currency can be converted into US dollars at any currency exchange counter.
  • Question
    How do I exchange currency in India?
    Spaceship
    Community Answer
    You can go to currency exchange counters at several of the international airports to convert your money into Indian Rupee. Banks are another suitable option, ask the teller for help.
  • Question
    What are the minimum amount currency can be exchanged?
    Benjamin Oliver
    Community Answer
    The answer to this question is that the minimum amount of currency that can be exchanged is $1. This is because the smallest denomination of U.S. currency is a penny. You can check live exchange rates for different currencies on different online websites of money transfer service providers.
  • Question
    Is the exchange rate from an ATM of a local bank the same as the bank? for example, I checked on the ATM and the exchange rate is 1.46 danish krones to euro, is the bank also 1.46 or just the ATM?
    Donagan
    Top Answerer
    The ATM is merely an extension of the bank, so the exchange rate would be the same inside and outside the bank.
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