Currency Education
Reference Rates and Transaction Rates: What's the Difference?
The rate you see published online and the rate you are offered at a bureau de change are rarely the same number. Here is why, and how to use each one sensibly.
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Practical, plain-language guides to rates, quotes and planning your currency. No jargon, no hype.
5 articles in Currency Education · Clear filters
The rate you see published online and the rate you are offered at a bureau de change are rarely the same number. Here is why, and how to use each one sensibly.
Base currency, quote currency, buy and sell: exchange rate quotes use a compact shorthand. A few minutes with the basics will help you check any quote with confidence.
Exchange rates change every day, sometimes by a lot. Here are the main forces behind those movements, explained without jargon, and what they mean when you need currency.
A few clear questions before you exchange money can save you from surprises. Here are the five that matter most, and why each one is worth asking.
Genuine US dollar notes carry security features anyone can check in seconds, with no special equipment. Here is what to feel, tilt and look for.