How much they usually charge for currency exchange at the airports?
March 31st, 2010
I’m travelling to Brazil, and not sure how the exchange works. I am advised to exchange my money at a jewelry store, but don’t know any nearby the place I’m going to. Do the jewelries store really accept currency exchanged?
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The airports don’t charge any extra just whatever the exchange rate is. I’ve noticed though that the airport rate is usually a little lower. You can often get a higher rate at the hotels or closer to your location. Just wait and see if you can exchange at your hotel, if not they can usually advise you where to go. Make sure that you are aware of what the current rate is so you know if the rate they quote is a fair one.
The airport is usually the worst deal. The best deal you can get is not to take much cash, but use your ATM card to get money from a bank machine. The exchange will be done at the rate that banks exchange – that is, the wholesale rate.
The bank to exchange $100 CAD for upcoming trip and the rate they are offering is 34.60 (but current exchange rate is around 39.40).
However, you can not take Indian Currence out of India