Crosswords1 min ago
exchanging currency
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At the moment, while the dollar is week, will I get a better rate for my sterling if I take sterling to the US and buy dollars out there?
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I don�t know whether you will get a better exchange rate in the US compared with the UK (I suspect not) � but bear in mind that whereas you could change sterling into dollars in virtually any UK town, you will only find exchange services in major US tourist areas/resorts.
A few years back, I took sterling to the US (thinking I would get a better rate), once I entered Hicksville, no bank would accept my Sterling, unless I had an account with them.
A few years back, I took sterling to the US (thinking I would get a better rate), once I entered Hicksville, no bank would accept my Sterling, unless I had an account with them.
At the same time as posting this I actually emailed the hotel I am staying at in Vegas - their current rate was $1.95 to the �, whereas in the UK I can get $1.91 at the post office - so, in this circumstance, it seems advantageous to take sterling with me... also, as it's vegas, if I keep my money in sterling, and have a big win, I don't lose out as I won't have to convert money back into sterling!
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