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    Traveling Budgets and Currency Exchange

    Do I need to exchange money for my overseas trip?
    Most vacations are planned months ahead of time, especially if it is a vacation in another country, but thoughts about exchanging currency wait until the last minute. The Euro has made traveling easier if your destination is a country or group of countries that belong to the European Union. The Euro is used in all those countries and that eliminates the need to exchange money in each country, which means you should save on the exchange cost, if your currency were changed to Euros at a favorable rate. If your trip includes other countries, one currency exchange can blow a travel budget if it is not done at the right time and place. Some travelers wait until they reach their destination city and then exchange money, which in most cases is the most expensive way to start a vacation. Read the rest of this entry »