Deposit you US $ into your bank account and then withdraw it at an ATM in Italy. You should leave the USA with 200 or 300 Euros to take care of immediate expenses and then withdraw when you need it. Wear a money belt
Hi everyone, I will be traveling to Italy next month and was wondering what is the best/most economical way of exchanging dollars for euros. I have Chase and TCF. They both charge 3% and $5 per transaction. My credit card doesn't charge any foreign transaction fees.
Avoid (or at least minimize) cash exchange. The financial industry does a masterful job of hiding the fact that you lose money each time you change it. On average, at a bank you lose 8 percent when you change dollars to euros or another foreign currency. Don’t buy foreign currency in advance.
Exchange Rate. Look up what the standard exchange rate is for one euro into US dollars and one US dollar into euros. The rate offered to by banks and exchange kiosks will always be at least a ...
Avoid (or at least minimize) cash exchange. In general, I avoid exchanging money in Europe; it's a big rip-off. On average, at a bank you lose about 8 percent when you change dollars to euros or another foreign currency. When you use an airport currency exchange booth such as Forex or Travelex, the hit can be as much as 15 percent.
The foreign exchange reference rates of the Euro are based on the procedure established by the European System of Central Banks (ESCB). They are based on a daily concertation procedure between the leading central banks, which takes place at 14:15 (CET). ...
The Italian Lira (ITL) is obsolete. It was replaced with the Euro (EUR) on January 1, 1999. One EUR is equivalent to 1936.27 ITL. Euro (EUR) and United States Dollar (USD) Currency Exchange Rate Conversion Calculator
Holding a fistful of dollars might make you feel rich, but it won't get you far in Europe. Learn about the best – and worst – ways to get euros and other local currency while traveling abroad.
Just like Spain, Italy is known to have poor currency exchange rates, compared with those offered in other European countries such as France and the UK. So visitors are highly recommended to buy Euro in Paris or London if possible.
The lira (Italian: ; plural lire) was the currency of Italy between 1861 and 2002 and of the Albanian Kingdom between 1941 and 1943. Between 1999 and 2002, the Italian lira was officially a national subunit of the euro.However, cash payments could be made in lira only, as euro coins or notes were not yet available.