Money Exchange Tips

How to Get or Use Currency in Europe

Author: The Traveling Professor/Saturday, April 12, 2014/Categories: General Travel

Rate this article:

First of all, the US dollar is not accepted anywhere at all in Paris, Italy, or Spain.   Don't even try to use it.  On my small group tours to Paris, Spain and Italy I give my travelers the following advice:

Use a credit/debit card wherever possible:   Make sure the credit card does not have a foreign transaction fee that adds on another 3% to a charge made on a credit/debit card.  Bank cards offer the most current and accurate exchange rates with no surcharges added in.   Make sure to advise your bank of travel plans before departure.

Money Exchange Kiosks:  Probably the worst place to exchange money.   The commissions are excessive at places like Travelex and American Express.  Don't do it.

Your Bank:  Probably the 2nd worst place to exchange money.   Fees and mark-ups can be excessive.   The only reason you might want to do it is to have some euros in hand upon arrival, and I don't even think that is necessary.

Bank/ATM cards:   Just about all ATM's will accept your bank card.   You'll get the fair exchange rate.   Although it is not necessary, I prefer to use a bank card that has some sort of affiliation with a large bank in the country you are visiting.   Also check with your bank to make sure there are no foreign transaction fees.

Dinner:  On my small group tours to Italy and Paris for instance, we all go out for a meal where we contribute individually.   If a few diners throw euros into the pot to pay for the meal, I will take that money and pay the bill with my credit card.   A fair exchange rate for everyone!

Number of views (2112)/Comments ()

«October 2019»

The Joy of Inexpensively Flying Premium Economy Overseas

Flying Premium EconomyIf you are like The Traveling Professor, you abhor those overnight coach class trans-Atlantic flights from North America to Europe.  They are jam-packed, cramped, and they are practically impossible to get any sleep on.  You could always book business or first class, but that will probably cost about $3,000 or more.  But on a recent small group tour to Italy, we took an overseas flight from New York to Italy, I flew in comfort with a good 6 hours of shut-eye, for less than a coach-class seat.  See why Premium Economy is the only way to go to Europe.
Read more

5 Places to Eat in Florence Italy

Flying Premium Economy

The Professor just returned from a small group tour to Italy.  We saw a lot of great sites like the David at the Accademia and the classic Renaissance Italian art at the Uffizi Palace.  We enjoyed the charm and history of this great Tuscan city.  But when it came time to eat, we took advantage of the bounty of wonderful Italian food, Tuscan style. The best restaurants in Florence feature fresh vegetables, aromatic herbs, home-made pasta, organic beef.  Don't forget about the pizza, cheeses, fruits and of course the best gelato in the world.  Read about The Traveling Professor's ppicks for some of the best restaurants in Florence.

Read more