Credit Cards Abroad and Currency Exchange Rates - How to Make Sure?


Posted May 31st, 2010 by admin 2 Comments »
Currency Exchange
HillClimber asked:


Yankee Doodle goes to France and pays for his hotel and meals with plastic. How can Yankee Doodle be sure he is getting the official existing exchange rate when charges are stated in French currency but must, at some point, be converted to the dollars due stated on his credit card statement?

Second Question: Is there any conceivable rational reason to convert dollars to Euros, or any other European currency, in advance of getting there?