Where is the best place to convert US dollars to Euros?

Question

I'm headed to Frankfurt next week from JFK, where makes the most sense to do this?

Answer 1

Exchange some dollars for euros at the airport  so you have some euros for small purchases. The best place to get euros is the ATM's in Frankfurt.  Try to avoid banks they charge a exchange fee. You can also try your hotel but I found the exchange rate isn't as good as ATM's. Also use your credit cards. Call your credit card company and ask if they charge a fee. I believe Capital One doesn't charge a fee. American Express charges a fee.

Good Luck)

Answer 2

Most of the time your bank can give a very competitive rate.  Check a site like the one below for today's rate to ensure you are not getting ripped off.

Keep in mind, no matter where you convert it, their rate will not be as good as the actual rate.  They have to make a profit.

Answer 3

Either at the airport here, there, or at your hotel when you get there.  Don't do it at a bank, it costs more.