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Euro/Dollar

Posted By: bran

Euro/Dollar - 02/13/2020 04:21 PM

1.086.....going in the right direction.
Posted By: SXMScubaman

Re: Euro/Dollar - 02/13/2020 04:24 PM

And some places still convert at 1.15 and 1.20.
Posted By: ruralcarrier

Re: Euro/Dollar - 02/13/2020 04:26 PM

Correct, on SXM, the conversion rate is whatever the merchant chooses to set it at and is not pegged to the "official" exchange rate.
Posted By: bran

Re: Euro/Dollar - 02/13/2020 04:40 PM

Correct but last time in two places I mentioned this around 1.11 and was given this rate. I object to someone charging me 1.20. The ones who agreed were tipped accordingly. Harmless to ask?
Posted By: Seaisle

Re: Euro/Dollar - 02/13/2020 04:46 PM

If the rate is significantly off, charge it
Posted By: SXMScubaman

Re: Euro/Dollar - 02/13/2020 05:34 PM

Only if they accept CC's
Posted By: SammyM

Re: Euro/Dollar - 02/13/2020 05:38 PM

Yes it is, Bran. Almost .93 USD for one euro. If anyone out there is planning to convert and obtain some euros, this is week to do it at your local bank.
Posted By: SammyM

Re: Euro/Dollar - 02/13/2020 05:40 PM

Actually, I meant to say .93 euros for one USD! Sorry. But, some banks may charge a conversion fee so might ant to inquire about that.
Posted By: jaxon60

Re: Euro/Dollar - 02/21/2020 03:13 AM

Originally Posted by ruralcarrier
Correct, on SXM, the conversion rate is whatever the merchant chooses to set it at and is not pegged to the "official" exchange rate.


As it should be. The US Dollar is not the legal currency. And merchants are not banks. If you want to use US dollars then I guess you have to accept the rate the merchant chooses. You can always show up with some Euro, as we do. Or choose to to shop elsewhere if you don't like the rate.
Posted By: SXMScubaman

Re: Euro/Dollar - 02/21/2020 03:38 AM

Or use your credit card if accepted for the going rate.
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