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Carrefour Market offering great Euro to USD exchange rate #200432
07/19/2019 10:57 PM
07/19/2019 10:57 PM
Joined: Jul 2013
Posts: 837
Florida
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wilsonck Offline OP
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Carrefour market posted on their facebook page that they are offering 1 ‎€ = 1.25 US$. This is a great exchange, so anyone on island might want to go to an ATM and withdraw Euros as the bank rate is 1 ‎€ = 1.12 US$ and then use those Euros to shop at Carrefour. They did not say how long they are offering this exchange.

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Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200433
07/19/2019 11:42 PM
07/19/2019 11:42 PM
Joined: May 2008
Posts: 685
Lake Texoma, Texas
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cruzer Offline
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Sarcasm?

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200437
07/20/2019 02:36 AM
07/20/2019 02:36 AM
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Massachusetts
boucharda Offline
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Great idea if you are into losing around 10% every time you shop there....

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200449
07/20/2019 08:05 AM
07/20/2019 08:05 AM
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wilsonck Offline OP
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You would be saving approx $13. ‎€100 = US$112 approximately. Take that ‎€100 and they'll credit you US$125.

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200450
07/20/2019 08:11 AM
07/20/2019 08:11 AM
Joined: Feb 2007
Posts: 4,346
Rhode Island
RonDon Offline
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Wow and I thought I was math deficient!

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200451
07/20/2019 08:31 AM
07/20/2019 08:31 AM
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boucharda Offline
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I get where you are coming from but one euro equals one euro......USD rate has nothing to do with that unless you pay in USD...so the $1.25 /Euro is a crap rate yes....I agree ...but you make it sound like a deal....

..or you could just use a CC and tell them to charge in Euro....or just go to the Cole Bay store and pay in dollars

Now that I think about it aren't the Carrefour stores all on the Dutch side. Why in the world would you get euro to shop there....if you do then getting Euro loses you a tad over 10% on every purchase...




Last edited by boucharda; 07/20/2019 08:33 AM.
Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200453
07/20/2019 08:37 AM
07/20/2019 08:37 AM
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Carol_Hill Offline
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I'm no mathematician, but I think your reasoning is backwards. And regardless, yes they are on the Dutch side.

Super U WAS giving 1 to 1. Not sure if they are still doing that or not, but now THAT is a good deal..


Carol Hill
Re: Carrefour Market offering great Euro to USD exchange rate [Re: Carol_Hill] #200458
07/20/2019 08:57 AM
07/20/2019 08:57 AM
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Kennys Offline
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Kennys  Offline
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Super U yes , still the same.

Re: Carrefour Market offering great Euro to USD exchange rate [Re: Kennys] #200459
07/20/2019 09:09 AM
07/20/2019 09:09 AM
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Carol_Hill Offline
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If Super U is still doing 1 for 1, I guess Carrefour is trying to attract French customers? That is what makes sense to me. The official currency on the Dutch side is Guilders, which is specifically pegged to the Dollar. So I think they are trying to attract French customers, as if you are paying with Dollars, then you don't care what the Euro exchange is.

Last edited by Carol_Hill; 07/20/2019 09:23 AM.

Carol Hill
Re: Carrefour Market offering great Euro to USD exchange rate [Re: Carol_Hill] #200472
07/20/2019 10:39 AM
07/20/2019 10:39 AM
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Kennys Offline
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Carrefour is actually partly French owned.

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200474
07/20/2019 10:57 AM
07/20/2019 10:57 AM
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Posts: 18,564
Auburn, WA
SXMScubaman Offline
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Not for me. I'll stick with US dollars or credit card for an even exchange on the Dutch side. Math is a pretty simple think.

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200477
07/20/2019 11:42 AM
07/20/2019 11:42 AM
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Auburn, WA
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Re: Carrefour Market offering great Euro to USD exchange rate [Re: Kennys] #200483
07/20/2019 12:57 PM
07/20/2019 12:57 PM
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Posts: 5,080
Massachusetts
boucharda Offline
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Originally Posted by Kennys
Carrefour is actually partly French owned.


Yup...just got back from the Carrefour on Rue Buci in Paris with my significant quantity of wine and 1664 beer.....

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200491
07/20/2019 02:06 PM
07/20/2019 02:06 PM
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CaribLee Offline
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Went today to the recently reopened Carrefour in Cole Bay. Very nice store with reasonable prices. Will likely be our go to store when staying in the Simpson Bay/Maho area. Will still go to Super U in Marigot for great selection and prices on French wines.

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200499
07/20/2019 03:59 PM
07/20/2019 03:59 PM
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Posts: 4,346
Rhode Island
RonDon Offline
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Super U fills our needs at less money.

Re: Carrefour Market offering great Euro to USD exchange rate [Re: RonDon] #200517
07/20/2019 05:31 PM
07/20/2019 05:31 PM
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Kennys Offline
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Kennys  Offline
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Yes Super U does have some very good prices.

Re: Carrefour Market offering great Euro to USD exchange rate [Re: Carol_Hill] #200537
07/20/2019 10:03 PM
07/20/2019 10:03 PM
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wilsonck Offline OP
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My math isn't backwards. You are going to pay $112 for Euros that Carrefour is going to credit you for $125. So you buy $125 worth of groceries are Carrefour. You could either give them $125 USD or ‎€100 (that cost $112 USD). You would save $13

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200540
07/21/2019 02:29 AM
07/21/2019 02:29 AM
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Posts: 5,080
Massachusetts
boucharda Offline
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Ok...usually the rate posted at most places is for the cost of the euro products (10 euro product COSTS $11.30- $12 or so)

This is a promo where one euro is WORTH $1.25 so the OP is correct.....$113 (100 euro) gets you $125 worth of goods (priced in dollars)

Good job sticking to your guns.....

From the Carrefour ad:

Quote
Carrefour Market, Sint Maarten
July 19 at 6:40 PM ·
Got Euros? Take advantage of our special exchange rate for Euros!

1 ‎€ = 1.25 US$

Re: Carrefour Market offering great Euro to USD exchange rate [Re: boucharda] #200548
07/21/2019 08:57 AM
07/21/2019 08:57 AM
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Central Florida!
Carol_Hill Offline
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Still only makes sense if you already have Euros? Don't most ATMs charge like $5 per transaction? And then is there also a foreign exchange fee, if you get money in Euros?


Carol Hill
Re: Carrefour Market offering great Euro to USD exchange rate [Re: Carol_Hill] #200552
07/21/2019 09:23 AM
07/21/2019 09:23 AM
Joined: Dec 2004
Posts: 5,080
Massachusetts
boucharda Offline
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Depends on your card I guess. My Schwab ATM card reimburses all ATM fees everywhere and has no foreign exchange fees.....

Re: Carrefour Market offering great Euro to USD exchange rate [Re: boucharda] #200553
07/21/2019 09:27 AM
07/21/2019 09:27 AM
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Carol_Hill Offline
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I'm sure ours charges. Regardless, I think it's too much trouble, unless you already have Euros.


Carol Hill
Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200556
07/21/2019 10:41 AM
07/21/2019 10:41 AM
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Auburn, WA
SXMScubaman Offline
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Today's rate.
1.122

Re: Carrefour Market offering great Euro to USD exchange rate [Re: Carol_Hill] #200562
07/21/2019 11:37 AM
07/21/2019 11:37 AM
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wilsonck Offline OP
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Originally Posted by Carol_Hill
Still only makes sense if you already have Euros? Don't most ATMs charge like $5 per transaction? And then is there also a foreign exchange fee, if you get money in Euros?


Not necessarily. Crédit Mutuel has ATMs in Marigot and Hope Estate and they do not charge a fee to use them. They will let you withdraw USD or Euros. Only charge would come from your financial institution if they charge you to use another ATM. When you withdraw Euros the exchange they give you is pretty close to the current bank rate.

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200590
07/21/2019 03:21 PM
07/21/2019 03:21 PM
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Carol_Hill Offline
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OK I will agree to disagree with you on this whole thing.


Carol Hill
Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200666
07/22/2019 12:29 PM
07/22/2019 12:29 PM
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irina Offline
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I want to disagree also! LOL

Re: Carrefour Market offering great Euro to USD exchange rate [Re: wilsonck] #200749
07/23/2019 09:30 AM
07/23/2019 09:30 AM
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sailbynight Offline
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I get that Getting a Deal is important to some, but It seems a lot of work for someone on the island only a week or two? How much are you spending on grocery and beverage?


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