How can i trade for foreign currency?
The exchange rate is constantly changing. Often multiple times in a single day, but normally only by cents and decimals. There are web sites you can go to get the current exchange rate for that day. Step 2Normally when entering a foreign country there will be places to exchange your currency close to the boarder. An airport will normally have a currency exchange kiosk somewhere within the terminal. Most Duty Free shops will also exchange currency for you. Step 3Beware of currency exchange places that do not frequently update the rate. In fact many places will inflate the exchange rate to cover any daily fluctuation. This way they can change the rate less frequently and profit off the difference. They will NEVER exchange currency at a loss. Always ask first if the rate they offer is the current daily rate. Step 4If possible visit a bank or casino. A casino will always pay the current going rate. Just don’t spend all your money right after you exchange it. 😉 Step 5Using a credit or debi