16 June, 2014

TRAVEL TALK: Local Money

Traveling outside the country?

Know the exchange rate & carry local money.

Do your research before the flight. Know their local currency and the exchange rate. Nine times out of ten, you will want to do some shopping and dining and will have to pay for it. Not all countries use credit or debit cards for payments. Knowing this will give you an idea of how much money you can carry.

When you get to your destination’s airport, shop for the best exchange rate. Ensure you are doing business with a legitimate money exchange stall. You don’t want to get caught using fake money and you don't want to be shortchanged. Make sure you already have the local currency before leaving the airport.

Know the most accepted mode of payment and currency. For example, in Nicaragua, they accept both Cordoba (local) and US dollar.

Travel smart.



I first posted this entry here.

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