To exhcange or not to exchange? That’s always a good questions. It’s always best to check to see if the country where you’re going accepts major credit cards and which ones. Many countries will accept Visa and MasterCard, but maybe not American Express. Furthermore, credit cards may only be accepted at places like hotels and restaurants but not at local shops and markets, taxis, or street vendors.
It’s also a good idea to see how much cash is suggested for the length of your stay and check with your bank to see if you’re able to order the foreign currency directly from them annd have it shipped to your home instead of withdrawing cash from the ATM and exchanging it at the airport. This way, you’ll get a much better exchange rate. Lastly, if you have any cash left over, put it on your hotel bill. This way, you don’t have to worry about exchanging the money back to US currency and potentially losing out on any of the exchange rate.
