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Generally the safest and most reliable place is your local bank, which follow standards set by the company and not dependent per branch. Other options can include casinos and pawn shops.

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Q: Where can I take my foreign money for a currency exchange?
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Can you still exchange a foreign currency that is uncirculated?

Well, honey, you can try exchanging uncirculated foreign currency, but most banks and currency exchange offices prefer dealing with circulated bills. They might give you a hard time or offer a lower exchange rate. It's like trying to sell a brand new car with zero miles - it's not impossible, but it's definitely a hassle.


What companies provide the services of converting money?

Travelex, which allows you to convert your funds right online. If you have some foreign paper, or coin currency in your possession, you can take it to your bank and exchange it.


What are Forex or CFD trading?

Forex stands for "Foreign Exchange." It is the process of investing the currency of one country in the currency of another. The object is to take a failing currency and purchase a currency on the rise.


What is a forex trader and what do they do?

A forex trader is a stock market trader that works with the foreign exchange market. A forex trader has to make on the spot decisions because of the geographical size of the entire foreign market.


What is the difference between eurobonds and foreign exchange bonds?

A foreign bond has three characteristics: * The bond is either issued by a foreign entity (such as a government, municipality, or corporation). * The bond is traded on a foreign market. * and, The bond is denominated in a foreign currency. Foreign bonds are subject to currency risks, as when you hold the bond it is denominated in a foreign currency. As bonds take a specified time to mature, there is no guarentee of the return of the bond given the currency exchange fluctuations. A eurobond is a bond issued and traded in a country other than the one in which its currency is denominated. A eurobond does not necessarily have to originate or end up in Europe although most debt instruments of this type are issued by non-European entities to European investors. Meaning an entity can place a bond on the German exchange denominated in American dollars. Another difference is the composition of the underwriting syndicate. Eurobonds are underwritten by an international syndicate and is not subject to the rules and regulations of any country. Foreign bonds, however, are underwritten in the country of currency denomination, and are therefore subject to the regulations of that country.

Related questions

What is the best currency to take to Egypt on holiday?

The best currency to take is Egyptian Pounds. These should be readily available at your local foreign exchange agency.


What companies provide the services of converting money?

Travelex, which allows you to convert your funds right online. If you have some foreign paper, or coin currency in your possession, you can take it to your bank and exchange it.


Why does the demand curve slope downward in a foreign exchange market?

When foreign exchange rate decreases, the product of that particular country becomes cheaper as its currency depreciates. Therefore, the quantity demanded of that currency will increase as consumers from other nations wish to take advantage of the depreciating currency.


What are Forex or CFD trading?

Forex stands for "Foreign Exchange." It is the process of investing the currency of one country in the currency of another. The object is to take a failing currency and purchase a currency on the rise.


What is a forex trader and what do they do?

A forex trader is a stock market trader that works with the foreign exchange market. A forex trader has to make on the spot decisions because of the geographical size of the entire foreign market.


Where does foreign exchange currency trading take place?

Foreign exchange trading can be conducted in a variety of countries such as Mexico, China, and Ukraine. It all depends upon the time, place, and budget.


What currency should you take to Mexico if coming from Canada?

You should always try and carry local currency when traveling. Exchange your money for pesos. A hotel should be able to exchange your money if you run out, but they will charge you a fee.


How many 10 dollar in philippine money?

484,34 There are currency exchange sites you can take advantage of.


Is there any restriction on taking money into Iran?

Yes you can not take iranian currency more then 100000 rials for foreign currency no problem


Who much is 2 euro coins worth in the US?

nothing, there are not accepted as currency here... if you take them into a bank that offers foreign exchange, they will exchange them for about $2.50 pending fees.


Where can I find currency exchange rates online?

Currency exchange rates are highly volatile, both during trading hours as well as on the after hours (foreign) market, so proceed with caution. Take a look here: www.bankofcanada.ca/rates/exchange/daily-converter


Does Fiji take US money?

Depending, as long as they are not fake. There is alot of currency exchange around Fiji.