When Should You Purchase Foreign Currency For Your Trip?15 Jan 2015

The US Dollar just hit a 9-year high versus a variety of foreign currencies including the Euro. We are not in the business to predict which way it will go from here, but if you are planning a European vacation this year, you may want to consider purchasing some Euros now – even though you will have to pay a hefty markup to your bank (usually about 5 points – varies by bank). For security reasons, it is not recommended to carry a lot of cash when traveling abroad but you will need some cash for emergencies and “to hit the ground running.”

Categories : Blog, Travel Tips

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