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Old 11-04-2008, 03:04 PM   #41
Cactus Jack
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This is more like it! 85 cents is pretty good. I was in the US and got bent over the couch on the extra rate last month. This a healthy level for both the general population and exporters. I can live with 85cents.

This leads to my question: when travelling, what's the best way to buy foreign currency? I'm going to Brazil for the holidays and don't want to buy US$ and then Brazilian reais because you get screwed on the double conversion. Is withdrawing large sums from a bank machine (to minimize the effect of the standard $3 withdraw fee or whatever it is) the best way to go? That way you get the standard bank rate and that's it? I think the bank rate is probably as good as any conversion house, right?
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Last edited by Cactus Jack; 05-15-2011 at 07:32 AM.
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