My daughter is going to germany and paris for 2 weeks how is the money look there?

Question

well the trip is paid for she's going with people from school the teacher just told them to limit of money like 300.00 they are going for 8 days. But we need to exchange the money here in the usa. and is there a small statue of liberty there?

Answer 1

Hi,

Both Germany and France use the Euro (€) as their currency. The exchange rate is 1 € = $1.56 today. This changes everyday though but the euro has been between $1.50 and $1.60 for the last few months.

http://www.ratesfx.com/rates/rate-conver...

As for the bills and coins, here is what they look like:

http://en.wikipedia.org/wiki/Image:Euro_...

http://en.wikipedia.org/wiki/Image:Euro_...

Because there are no 1 euro bills, Europeans carry much more change than Americans, so get her a good purse/wallet with a large pocket for her change. And something that she can carry in the front because she'll have to watch out for pickpockets in crowded areas.

Yes, Paris has two smaller Statues of Liberty:

http://en.wikipedia.org/wiki/Replicas_of...

Answer 2

Now is not the best time to be going to Europe.  It is a great time for Europeans to come to the states though.  This is due to the unfavorable value of the dollar to the Euro.  This isn't something new, it has been like this for the better part of 30 or so years.

The exchange rate is something like $1.75 to 1 Euro.  Making this even more unfavorable is the overall price of goods there as well.

Two weeks is a long-time so it is going to be an expensive trip but there is a lot of fun to be had there.

Answer 3

300 dollars is NOT enough. even is everything is paid for (all meals too....?) there are always snacks, last minute excursions, shopping, souvenirs...etc. Not only is the exchange bad, but everything is about 2 times as expensive. Plus, what if there's an emergency?

I would exchange some money before she leaves but not all. It's dangerous to travel with all that cash on her. She can change money overseas too. There are money change shops everywhere.

I don't know her age, but her best bet is to take a credit/debit card with her. These will give her the best exchange rate...and in case of emergencies, it's best to have a credit card. I was 17 my first school trip and I was able to get a card on my father's account. Now when I travel, I don't even bother with exchanging money beforehand.  Ijust withdraw from a local atm.  However, for her first trip, have some cash on hand. Also, warn the bank/credit card company she'll be travelling so they dont' shut the card down.

Answer 4

The coins are mettalic and bills are a special blend of paper.

Both have numbers and people on them.

The coins are very thin but the paper money is much thinner.

The coins weigh quite a bit more so I recommend the paper.

Both spend the same.

The coins will sink if put in water where the paper will not.  I hope i've helped.

Answer 5

Euro exchange is not so good for Americans.

Answer 6

Quite dirty with lots of creases