Where can I exchange currency at the value that currency converter sites are giving me?
I have some Brazilian reais left over from a trip that I need to change to dollars and all the currency converter sites I checked give me one value and the bank gave me a much lower value. I want to get the same rate these sites are giving me. Thanks to anyone who can help me!
Public Comments
- you will not get it, any bank etc will make a profit through giving you a lower rate, way of the world
- Nowhere. The rates given on the currency converters are "pure" rates without transaction costs. For anybody but a large international institution, there are always transaction costs. If you go to a large international bank, you could get a rate approaching the currency conversion rate. However, all banks and other financial institutions charge fees. Those fees are built into the conversion rate they give you. Shop around. Some banks are better than others.
- Today - now - according to www.xe.com $1= 1.73850 BRL or 1 Brazilian = 0.575209 USD (this numbers can change during the day - Live rates at 2009.12.08 17:21:46 UTC) Let's me explain you in a example: Based on Live rates at 2009.12.08 17:21:46 UTC Brazilian to US 50(BRL) x $0.575209 = $28.7604 USD US to Brazilian $50 x 1.73850 = 86.925 (BLR) Use the source for more information.
- here is all info about currencies this is what i use http://www.forexfactory.com http://www.mizuho-cb.co.uk/TresInternet/index.htm http://www.marketwatch.com/ http://www.taniauncensored.com/aboutforex.html http://www.global-view.com/forex-trading-tools/chartpts.html http://www.currencytradermag.com/ http://www.fxstreet.com/
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