Have you been keeping an eye on the exchange rate between the dollar and the euro? It’s important to stay informed if you’re traveling, investing, or doing business in Europe. Here are some helpful resources to make sure you’re up-to-date:
Exchange Rate Dollar Euro October 2016
If you’re planning a trip to Europe in the near future, it’s important to know how much your dollars will be worth. This image from Morgan Stanley shows their forecast for the exchange rate between the dollar and the euro as of October 2016.
Euro Dollar Converter
If you’re not great with mental math, using a currency converter can be a lifesaver. This app from Amazon allows you to quickly and easily convert between euros and dollars, so you’re always in the know.
Euro Dollar Conversion Calculator
Did you know that you might be able to save money when traveling in Europe by paying in euros instead of dollars? This calculator from INSEE allows you to easily convert prices between euros and dollars, so you can see if you’re getting a better deal by paying in euros.
Currency Tool for Using Euros
Trying to do mental math when you’re jet-lagged and overstimulated can be a recipe for disaster. That’s why it’s always helpful to have a cheat sheet like this one, which allows you to quickly figure out how much things cost in euros when you’re used to thinking in dollars.
Conversion Dollars in Euros
If you’re doing business in Europe, it’s important to know how to convert dollars to euros and vice versa. This handy chart shows you the exchange rate for a variety of dollar amounts, so you can make quick and informed decisions.
Tips for Staying on Top of Currency Exchange Rates
Now that you have some helpful tools to help you figure out the exchange rate between the dollar and the euro, here are some tips for staying up-to-date:
- Check the current exchange rate before you leave for Europe, and keep an eye on it while you’re there. Things can change quickly!
- If you’re planning on using credit cards while you’re in Europe, make sure you know what fees your card issuer charges for foreign transactions.
- If you’re going to be traveling to multiple countries within the eurozone, make sure you know that the exchange rate between the euro and other currencies (like the pound or the Swiss franc) can vary.
How to Save Money on Currency Exchange
If you’re traveling to Europe, you’re bound to have to exchange some money at some point. Here are some tips to help you save money:
- Don’t exchange money at the airport or at hotels – they tend to have the worst rates.
- Consider using an ATM to withdraw euros when you arrive in Europe. Just check with your bank to see what kind of fees they charge for foreign transactions.
- If you’re really cash-strapped, consider using a credit card that waives foreign transaction fees. Just make sure to pay it off as soon as possible to avoid accruing interest.
Staying on top of the exchange rate between the dollar and the euro can be a daunting task, but with the right tools and a little bit of knowledge, you’ll be able to make informed decisions and save money in the process.
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