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Thursday, June 4, 2009

Spain Foreign Exchange

By Alan ZE Redman

There are a number of countries in Europe whose currency is the Euro, and Spain is one amongst them. Therefore, if you intend to travel to Spain, you would have to, at some point or the other, convert your money into Euros.

The Euro has been Spain's currency for quite some time now, and this makes things simpler for travelers who also intend to travel to other European nations which use the Euro.

The one downside though is that a traveler now has fewer options when it comes to places that would exchange international currency.

In travelling to Spain, it is not necessary that you get your Foreign exchange (foreign exchange) before you enter the country as you can do so after you enter the country as well. The one thing you should do though is to make sure that you check the conversion rates before making your Foreign exchange transactions because rates can change everyday.

Since the country gets a fair number of foreign tourists, a number of hotels/resorts know that their guests need to exchange their money into Euros.

Resorts and hotels do make the whole process much simpler by having facilities where one can exchange their money, but generally do not give rates that are as good as you'd get if you were to go to a bank.

Every town in Spain has banks that you can visit to have your currency changed and they are also the places to look for the best Foreign exchange rates.

The downside of using banks for Foreign exchange is that you would have to present them with I.D, have some paper work to fill out, and might not have an English speaking bank employee to deal with.

In travelling abroad one has the option of using cash, travelers' checks, or credit cards. The option that you choose is one that you should be comfortable with, as different people tend to use different options. - 23222

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