Help for the monetarily challenged
April 3, 2011 3:03 AM Subscribe
A friend, who's as bad at numbers as I am, has money in an American bank account. He needs to pay for something in Switzerland. Is there any advantage to changing the dollars to euros and then to Swiss francs, or is a direct dollar-franc transfer the best way to go?
posted by Paris Elk to Work & Money (6 answers total)
This is not a question about hedging or speculating or the best time to make the transaction. We just can't get our heads around the math to see which would be the most efficient exchange.