Whether you’re new to travel or you have traveled in the past there’s always a few caveats to going abroad. For those that are living in the United States (or any other country) and want to explore the greatness that comes with the many European nations, you’ll need to consider a few tips on money. Currency exchange is one of the main issues that travelers have to deal with, but it is not impossible task. It can get bad if you don’t adhere to a few common sense elements, but overall, it’s just a matter of pre-planning. With that in mind, consider a few tips for American travelers going abroad to Europe.
First and foremost, you’ll need to know that the main currency for a great deal of countries in the European Union is the Euro. This is a strong currency that connects several nations together. If you are visiting 19 out of the entire European Union countries, then you will be able to use this coin and banknote. Currently, this is a strong option that could range in a ratio of 1:1 in most cases when transferring over your currency. This depends on where you get the currency exchange done, but chances are it will be relatively close.
When To Exchange
It’s best to exchange before you leave your home country. The best thing to do is to go through the airport for an international exchange location and start doing that before your flight. This will come with a few fees attached, but it will be worthwhile because you’ll land at your destination and you won’t have to deal with this. You will also not have to deal with trying to get around town without money. Whether you are going to get a shuttle, public transport, ore you’re going to get taxi, having the currency of the country you’re in is going to pay off.
Don’t Pay In Pounds If You Don’t Have To
One of the major tips that you will find when traveling to European countries is this one, the case for Euros over Pounds. The British pound is a strong currency, but you may have the option to use Euros. You’ll want to go with Euros as they will give you a slight edge in regards to your financial moves. Now this includes your use of credit or debit cards, as it will usually come with lower fees and easier exchange rates. Financial experts discuss this on a regular basis, but it can get tricky when you’re abroad. Consider the strength of the currency exchange and decide on the fly, avoiding paying in Pounds if possible.
Lastly, if you’re going to use any plastic in European nations, make sure that you contact your bank and tell them that you’re traveling abroad. The last thing you want to do is get to a location and be declined, and then have to try and call your bank, dealing with time zone issues, and much more. It’s just not a fun thing to deal with.