| asker, 30-07-2013 16:25:51 |
|
| For such a small amount, I'd reomnmecd either keeping it for a future trip to a euro country, or exchanging it for dollars with someone you know that's planning to travel. You can just deposit into your account (which usually gives the best rate since you're a customer), but there will still likely be a fee (and the conversion rate) which means there's not much point. Was this answer helpful? |
|
| aerzenair, 30-07-2013 05:03:41 |
|
| 23skadoo hit the nail on the head if anybody relaly had a confident guess, they'd be a lot better off going and making a ton of cash instead of telling you about it.Why?Right now, $1 = 0.675 Euro.Suppose you know (or are feeling particulary confident) that in May, $1 = 0.50 Euros. What could you do? Take all your US dollars (say $100) and buy Euros (which would be 67.5 Euros). Then when May rolls around, take those Euros (67.5 Euros) and buy back dollars (you could get $135). You just made $35 doing nothing special.Suppose you know instead (or are feeling particularly confident) that in May, $1 = 1 Euro. What could you do? (Contact a European bank and borrow all kinds of Euros (say 100 Euros) and buy American dollars with it (100 Euros = $148 now), then in May take that $148 and get 148 Euros. Take those 148 Euros, pay off the 100 + interest you borrowed, and rake in about 45 Euro profit => turn it into dollars ($45) and you made a tidy little profit!Just like the stock market, if someone could answer this question about exchange rates accurately, they would be making money off of it. http://nzbxrnllej.com [url=http://ptajdd.com]ptajdd[/url] [link=http://iwxakcv.com]iwxakcv[/link] |
|
| leeevea, 27-07-2013 12:56:17 |
|
| am dat share la adresa ta pe foaebcok la mine o sa incerc sa fac cat mai cunoscut cazul tau si o sa incerc sa te ajut cu ce pot sper sa te faci bine ca nu meriti soarta asta cand esti atat de mica succes si ma rog sa te faci bine pwp |
|
|
|
