Forex Digest

I have some foreign coins like Canadian $1 and $2 coins. Anyone know if any currency exchange booths at LAX will exchange coins?

Yes but I believe they may only be located within the international terminal, in which case you would need to be a ticketed passenger. I suggest you try your bank. If they won't do it simply google currency exchange for your area then call around to make sure they accept coins.

2008-10-01 23:28:36 by Beware of the lamb!

To determine the foreign exchange rate for different currencies, check the local paper for exchange rates, and pay attention to the inflation rate ...

I'm going to the US soon. Do US banks charge for a fee when you exchange foreign currency to US dollars from them?

Where is the cheapest bank/place to get a good exchange rate?

Thanks.

I am European, and we can change money for a fee at any bank in my home country.
The first time I arrived here to the USA, I tried to change money at several banks. They either don't do it, take several does or like they told me, I had to be a member of their bank.
Duh, how the heck am I supposed to be a member if I am just a tourist????

Anyways, I would advice you to bring a credit card or cash (credit better, so you don't walk around with wads of money in your pocket).
Do not expect to change foreign currency here in the USA that easy...
Maybe it was that I went to Virginia, and now I live in Mississippi (where they don't have banks where you can change currency that easily).

2008-01-31 21:14:49 by Aris A

Besides most commercial banks where can I go to exchange foreign currency? I traveled to Niagara Falls, Canada in 2005. On the way out of the country I had an impaitent bus driver who would not allow me to stop off at the Duty Free shop to exchange the currency. So I came home with just under $20 in Canadian Currency. I've held onto this money since last year. Every commercial bank I've called require you to be a customer. My credit union doesn't accept foreign currency for deposits. So I feel like I'm stuck with this money I can't use. If I knew someone going to Canada perhaps I could offer to "sell" it to them but in lieu of that I don't what to do with this money.

some travel agencies do it

2006-09-19 10:32:36 by strawberriesilove

I am heading to Japan from Australia and am wondering what the most economical way is for me to exchange my currency. Should i do it in Australia or wait till i get to Japan? Should i use ATM's or should i use a foreign exchange service? Your help would be great!

best way is wait to be in Japan, directly in to the airport you'll find exchange desk with no fee or a cheap one for cash,
ATM is always available for visa, american express and so on,
some time it's cheaper and faster to change some cash money.

2008-01-10 01:54:39 by isnow

I am trying to exchange my foreign currency (Mexican pesos to US dollars) but it is in the form of coin, and the banks will not accept it. Is there a place that accepts foreign currency in the form of coin to exchange into US dollars?

It's difficult to exchange your foreign coins to dollars. Only in certain circumstances, like for instance if you're exchanging your banknotes at the same time, then the forex guy might accept your coins at half the value or to round up the dollars. And that's only if your coins are in the higher denominations.

But why exchange the coins? Keep them as souvenirs from your vacation, or pass them to your relatives or friends who collect coins. Or pass them to someone who's going to Mexico, like suggested by another here. What means little to you, can mean a lot to another. Make someone else happy today.

2007-01-02 13:14:50 by Jay