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Re: euro vs dollar
[Re: RonDon]
#184727
02/19/2019 05:59 PM
02/19/2019 05:59 PM
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Joined: Mar 2001
Posts: 17,568 Ohio
ruralcarrier
Traveler
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Traveler
Joined: Mar 2001
Posts: 17,568
Ohio
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Checked conversion of Euro to USD and 1 Euro = 1.13 USD And it fluctuates daily. Some places on the French side set their own exchange rate and some will do 1:1 if paying with US CASH.
J.D.
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Re: euro vs dollar
[Re: RonDon]
#184733
02/19/2019 06:59 PM
02/19/2019 06:59 PM
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Joined: Jan 2016
Posts: 178 New Hampshire
Hdrdr911
Traveler
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Traveler
Joined: Jan 2016
Posts: 178
New Hampshire
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Not bad. Paid lots more than that a few years back.
If the phone doesn't ring .... it's me
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Re: euro vs dollar
[Re: Hdrdr911]
#184735
02/19/2019 07:07 PM
02/19/2019 07:07 PM
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Joined: Jan 2016
Posts: 178 New Hampshire
Hdrdr911
Traveler
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Traveler
Joined: Jan 2016
Posts: 178
New Hampshire
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Not bad. Paid lots more than that a few years back. Cool it worked ! I guess the issue with my password got resolved.
If the phone doesn't ring .... it's me
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Re: euro vs dollar
[Re: CaribLee]
#184754
02/19/2019 10:21 PM
02/19/2019 10:21 PM
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Joined: Feb 2009
Posts: 143
stangied
Traveler
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Traveler
Joined: Feb 2009
Posts: 143
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Actually the rate you see on conversion charts are the live mid market rates which rate now is 1.13525. But that is not available to consumers. What consumers can get is the live transfer rate which is more right now than $1.13525. It runs around 6 or 7 cents more for the euro than the mid market rate you see on charts
Last edited by stangied; 02/19/2019 10:32 PM.
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Re: euro vs dollar
[Re: RonDon]
#184759
02/19/2019 10:56 PM
02/19/2019 10:56 PM
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Joined: Apr 2014
Posts: 1,233 Middle Tennessee
TravelHat
Traveler
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Traveler
Joined: Apr 2014
Posts: 1,233
Middle Tennessee
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Eat, drink and be happy you are there. Actually one of the reasons we switched to AI in Jamaica. Pay the rate and leave your wallet in the safe all week. No worries about service charge, service tax, gratuity, exchange rate, 1 for 1, cash at the beach...
Last edited by TravelHat; 02/19/2019 10:58 PM.
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Re: euro vs dollar
[Re: CaribLee]
#184762
02/19/2019 11:08 PM
02/19/2019 11:08 PM
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Joined: Jul 2013
Posts: 837 Florida
wilsonck
Traveler
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Traveler
Joined: Jul 2013
Posts: 837
Florida
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If you have one euro and ask someone to give you the equivalent in US currency, they will give you $0.88. I think you meant to say if you have $1 and ask to get the Euro equivalent, you would get €0.88.
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Re: euro vs dollar
[Re: RonDon]
#184768
02/19/2019 11:56 PM
02/19/2019 11:56 PM
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Joined: Jan 2008
Posts: 13,147 Ottawa, Ontario, Canada
islandgem
Traveler
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Traveler
Joined: Jan 2008
Posts: 13,147
Ottawa, Ontario, Canada
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If you were buying euros, it would cost you $1.13 US to purchase one euro. The euro is more valuable than the US dollar, therefore a business offering 1 to 1 is a good deal. At the rate stated you only get 88 cents US for one euro.
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Re: euro vs dollar
[Re: RonDon]
#184772
02/20/2019 01:31 AM
02/20/2019 01:31 AM
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Joined: Nov 2006
Posts: 1,894
Bahston
Traveler
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Traveler
Joined: Nov 2006
Posts: 1,894
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OK, let me try. Given that the € is worth more than the $, and if you're eating on the French side, and if the restaurant is offering €1=$1 (or $1=1€, it's the same thing, LOL) pricing for cash, then pay them in cash $ if you can. You'll come out better than 10% ahead.
I always have both $ and € cash in my pocket, as well as zero-fee plastic. I understand exchange rates, I understand 1:1 offers, and I pay in whichever manner is most advantageous to me.
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Re: euro vs dollar
[Re: Chacrinha]
#184783
02/20/2019 07:30 AM
02/20/2019 07:30 AM
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Joined: Mar 2001
Posts: 17,568 Ohio
ruralcarrier
Traveler
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Traveler
Joined: Mar 2001
Posts: 17,568
Ohio
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Should I buy Euros for St Martin French side? Are Visa Credit cards accepted at grocery stores and restaurants? How much to bring for a 1 week stay? Thanks I personally would not buy euros. I would have some cash as you may get a better deal/exchange rate with cash and 1-2 credit cards. VISA is widely accepted but you may pay a higher exchange rate and check to see if your issuer charge a foreign transaction fee. How much money to bring purely depends on your spending habits, charge habits and personal tastes in food and entertainment..
J.D.
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Re: euro vs dollar
[Re: Chacrinha]
#184797
02/20/2019 10:11 AM
02/20/2019 10:11 AM
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Joined: Sep 2003
Posts: 18,586 St Maarten
BillandElaine
Traveler
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Traveler
Joined: Sep 2003
Posts: 18,586
St Maarten
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I've lived here over a decade and never bought a single Euro. Grocery stores and many restaurants accept CC, just not Amex. Many restaurants we go to take cash only.
How much to bring depends on your spending patterns. Will your meals be $$$$ or $? You going jewelry shopping? etc etc. There are ATM's.
Last edited by BillandElaine; 02/20/2019 10:43 AM.
Elaine ********************************* God Bless the broken road....
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Re: euro vs dollar
[Re: SammyM]
#184800
02/20/2019 10:17 AM
02/20/2019 10:17 AM
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Joined: Mar 2001
Posts: 17,568 Ohio
ruralcarrier
Traveler
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Traveler
Joined: Mar 2001
Posts: 17,568
Ohio
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Bear in mind also, there is a difference between a foreign transaction fee and a currency conversion fee. You could theoretically make a transaction that is processed in USD but if it takes pace in a foreign country, you could be charged the transaction fee. Check both with your card of choice issuer. The currency conversion fee is another animal.
J.D.
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