currency posts
by Anna Brones (RSS feed) (1 month ago)
Mar 27th, 2013 at 3:00PM:
Think about how many hands the average dollar bill passes through; all jokes about "dirty money" aside, it's practically impossible for the money that you carry in your wallet to be clean. But some bills are dirtier than others.
Researchers at Oxford put European currencies and banknotes to the test, finding that British pounds are actually cleaner than Euros. On average European bills and ...
by Kraig Becker (RSS feed) (3 months ago)
Jan 31st, 2013 at 8:00AM: We've all been through lean times during which we've lived paycheck to paycheck, just hoping our meager salary would be enough to see us through to the next payday. In these tough economic times, everyone has had to cut back, tighten their belts and learn to go without on occasion. That includes the country of Zimbabwe where a government official announced yesterday that the country had only $217 ...
by Allison Kade (RSS feed) (6 months ago)
Nov 8th, 2012 at 12:00PM: Being in a new country is full of enough culture shock – trying to remember how many dollars to the krona doesn't need to be part of it.
After all, constantly whipping out a calculator (well, a cellphone) and spending five minutes trying to figure out if that sandwich is really a good price is a waste of your valuable vacation time.
To make things easier on you, here are some basic ...
by Jessica Festa (RSS feed) (1 year ago)
Oct 9th, 2011 at 1:00PM: When traveling, it's easy to go overboard and spend more money than you expected. What's important is that you spend your extra cash having fun experiences instead of on mistakes that could have been prevented with some planning. Read these 10 common money mistakes often made by travelers to help save money on your next trip.
Mistake #1: Overpacking
This is a mistake that can rack up travel ...
by Meg Nesterov (RSS feed) (1 year ago)
Jul 1st, 2011 at 9:00AM: According to an NPR story this week, the Federal Reserve is sitting on a billion dollars worth of the $1 Sacagawean and Presidential coins, and the program to replace dollar bills with the metal coins has largely been deemed a failure. The government spends millions annually to mint new coins in order to introduce all the US presidents, resulting in millions languishing in vaults a la "Scrooge ...
by Jeremy Kressmann (RSS feed) (2 years ago)
Mar 1st, 2011 at 10:30AM: American travelers often complain about the current money situation in Europe. With the Dollar/Euro exchange rate sitting around $1.40/1, along with inconvenient credit card PIN requirements, making a purchase in many European countries is downright inconvenient. But there was a time it was far more complicated - namely any date before 2002, when Europe's common currency, the Euro, was first ...
by Meg Nesterov (RSS feed) (2 years ago)
Nov 18th, 2010 at 10:00AM: So you've chosen your vacation destination - booked the tickets, agonized over TripAdvisor to find a hotel, and bought the guidebooks or downloaded the apps. Whether you like to plan your itinerary in advance or play it by ear, there are a few things you should research in advance to make your arrival - and your trip - go smoothly.
From airport taxis to local laws to transit passes, what should ...
by Tom Johansmeyer (RSS feed) (2 years ago)
Oct 25th, 2010 at 12:00PM: Worried that your money isn't green enough? Well, in Mexico, the contrary may be true. If you're headed to Mexico this year, you'll want to bite the bullet and exchange some greenbacks for pesos. New currency laws came into effect in parts of the country last month that limit U.S. dollar-purchases to $100 per cash transaction (the most a business can accept). And, some businesses won't be able to ...
by Abdul Farukhi (RSS feed) (3 years ago)
Mar 18th, 2010 at 4:47PM: Like it or not, the gold standard for international currency payment is now the Euro.
The United States Dollar is still being used, but it doesn't hold the prestige it once did. There was a time when you could purchase goods at a great discount if you paid with hundred dollar bills. However, nowadays, merchants will increase their base price and round up figures to give you can even dollar ...
by Joyce Zee (RSS feed) (3 years ago)
Mar 18th, 2010 at 3:50PM: When traveling abroad, get at least a small amount of foreign currency for tips and other unexpected cash expenses before leaving the airport or crossing the border. Although many countries in Europe are now using the Euro, there are still some that are not.
Imagine our panic when we drove across the border from Switzerland -- where we had been using Francs -- and hit a toll in Italy before we ...
by Crystel G. Lee (RSS feed) (3 years ago)
Feb 11th, 2010 at 10:00AM: When dining in a foreign country, exchange your traveler's checks for local currency before going to a restaurant.
While traveler's checks are pretty much accepted everywhere, don't expect the restaurant employees to be adept at exchange rate calculation.
My best friend and I learned this the hard way dining at our first restaurant in Europe. We received far less change than we were owed and ...
by Katie Hammel (RSS feed) (3 years ago)
Jan 13th, 2010 at 11:30AM:
Despite only taking out as much as money from the ATM as you thought you'd need each day, you somehow managed to come in under budget. Now what do you do with this extra foreign currency you've got burning a hole through your picket? You could convert it back to your home currency, getting hit with exchange fees again, or you could try one of these seven options.
Save it for next time.
...
by Tom Johansmeyer (RSS feed) (4 years ago)
Feb 5th, 2009 at 12:00PM: You know where your expired money is. Now a collectible rather than currency, your kids have those leftover lira in a shoebox under the bed. Or, they've stashed a jar of "funny money" on the nightstand. Wherever it is doesn't matter. These random pieces of paper may ignite a child's imagination about far-off lands or trigger a fond memory from an amazing trip, but the value is strictly ...
by Jamie Rhein (RSS feed) (4 years ago)
Feb 1st, 2009 at 12:00PM: Perhaps you have leftover bills from trips to other countries tucked away in a drawer. Perhaps, your souvenir bills are in an envelope or a plastic baggie. Maybe some of the bills are so dirty and worn, they're a bit scary to touch. Or maybe you have quite the collection in an archival box, shoebox-sized like Ron Wise.
According to this article published in the Seattle Times, Wise has more than ...
by Jeremy Kressmann (RSS feed) (4 years ago)
Jan 8th, 2009 at 10:00AM: I hate coins. They're a pain to carry around and I always end up dropping them all over the place while I fiddle to put bills back into my wallet. Yet I do realize they serve a purpose - any time I'm cursing myself for running out of quarters at the laundromat I'm reminded of this fact. The citizens are Argentina have a love/hate relationship with their coins as well. Though the country recovered ...
by Abha Malpani (RSS feed) (4 years ago)
Aug 7th, 2008 at 10:00AM: Money is probably the most contaminated thing you come in contact with on a daily basis, just because of the sheer number of people whose hands it goes through every day. It carries virus's and diseases, and even traces of drugs. Spain is known to the largest consumer of cocaine in the world, so it's of little surprise that the money circulating there has high traces of cocaine. On average, ...
by Anna Brones (RSS feed) (4 years ago)
Jun 3rd, 2008 at 10:00AM: There's been a lot of talk about the poor dollar to euro exchange rate, but it might not be the European currency that travelers should be concerned about. In fact, in terms of economic gains against global currencies, it looks like the Israeli shekel is currently the world's strongest currency. Since the beginning of 2008, the shekel has made significant gains against most of the world's major ...
by Neil Woodburn (RSS feed) (5 years ago)
Dec 17th, 2007 at 11:30AM: If you're an American and have used your MasterCard, Visa or Diners Club card to make purchases in a foreign country, you've probably just received in the mail the same thing I did a few days ago: a settlement letter from the US District Court. It turns out that American credit card companies collectively decided upon a "Foreign Transaction" fee of 1-3% for every purchase made in another country. ...