My wife and I are planning a trip to Europe in the next two years. Right now the Euro seems to be crashing. Would it be a good idea to buy about $3,000 of Euros as a hedge against it rising in the future, or am I an idiot for even considering this? Note: I will be flying from the U.S. [more inside]
I am trying to find out how much 220 French francs, in 1875, would roughly equate to in current U.S. dollars (Euros or pounds sterling fine as well). Anyone know a good calculator (or care to take a crack yourself)? Thanks!
Please recommend a currency broker (or any better mechanism) for the cheap and secure transfer of a big amount of money between Europe and Australia. [more inside]
There are lots of interesting SF&F economic systems that are without money -- post-scarcity AI-nano cornucopias, magic subsistence economies, etc. For those who imagine worlds that still have money, though, what are the most interesting speculative monetary/currency/financial systems? (Please feel free to mention the obvious-to-you, as I've got big gaps in my SF&F reading and watching.) Thanks! [more inside]
GetRichQuickFilter: Where can I make my own paper money? [more inside]
With little experience in bitcoins, I'm strongly convinced that any single person doing business with you can (with some work) figure out your potential wealth in bitcoin currency. Is this really the case? [more inside]
I'm a Canadian freelancer located in the GTA area, and I've signed on for a long-term contract with a US client. I'll be getting paid in USD checks fairly regularly. How can I deposit this money in my Canadian bank account and use it in Canada without getting screwed over on currency exchange fees with the big 5 banks? [more inside]
Can you help me identify this novel, set in a London of the future and centring on the investigation of an organisation producing a digital currency? [more inside]
I am in Portland, OR. I have >$50 face value of Canadian coins. I need to get rid of them fast. (Obtained legally!) Hope me? Details after the cut. [more inside]
Of all coined currencies in histories, which in their day, or today (kinda two part question) were the most plentiful? Not used in transactions but just physically existed, minted minus lost.
A reading group I'm in is interested in learning about alternative currencies. For example, a good overview of something like Bitcoin. Bonus points if it's coming from a Marxist or left political position.
Someone is going to be sending me money - they live in Japan. What is the cheapest way to send the money? The amount is going to be somewhere between $1500-6000, probably closer to the 1500. I have an account with xetrade and they have worked well in the past for UK/US money transfers but I notice that Japanese residents cannot sign up on that site. Where can I get the best rate possible? I also have a forex account with my broker but 'hedging' is probably too complicated for this transfer unless someone here thinks differently. I will also be visiting this person in December so there is the possibility they could give me some cash and I could convert once I reach the US again, although I'm sure there are limits on the amounts of money I can take overseas.
I have access to a location that has free (to me) power where I could hook up a Bitcoin mining rig or two. Is this still worth doing, or has that ship sailed? [more inside]
For the next three years, I will be paid in sterling pounds as an UK employee. However, I will be living in the Netherlands for the next 1-3 years (so, potentially during the whole contract). What is the best solution for a bank account that takes in pounds, but allows me to spend euros? I would like a Dutch, euro bank account for the time that I am in the Netherlands. I want to try to avoid transferring all of my salary to euros, as I may move to the UK soon... and transferring pounds to euros and back to pounds seems like a waste of money. [more inside]
I have about 6000 USD worth of Mexican Pesos in paper cash money, what are my best options to converting this to USD? I am in USA and don't plan on travelling to Mexico within a year. Also, I have an xe.com account but I don't think that helps in this situation because they said I'd have to deposit it into their account in Mexico. Obviously I'd like to pay minimal fees.
I saw a post on tumblr, about why some larger bills have little stamps on them. The reason they gave is that drug dealers will stamp the bills to keep track of them. This makes absolutely no sense to me. So question one is, does this sound accurate? Does anyone have any way of saying if this is or isn't true? Question two, why the heck are these stamps on bills? Here's a picture of a purported drug dealer stamped bill.
I have at least $500 worth of cash from half a dozen different Asian countries sitting in my underwear drawer for at least two years now. What's the cheapest, lowest-fee but legal way to convert them into one currency (Euro or USD)? I travel frequently to France and the United States, so changing them to Euro or USD is fine either way, but just not sure if the best way is the airport counter, a random bank, at the hotel I stay at, or something else...? I would like to have a good idea on how to go forward with this, before I go about traveling with all this random cash, only to find out I'd have to lug them back to home to my ultra top secret underwear drawer hideout since it's too expensive/all these currencies aren't accepted for exchange/not worth it. [more inside]
We have a large quantity of cash that my mother in law has stashed in an old purse over the years. Now she wants us to deposit it in the bank for her, but we don't want to run afoul of cash reporting requirements, prohibitions on structured transactions, or civil forfeiture. [more inside]
Asking on behalf of two friends in China: one (not a Chinese national) wants to loan a large amount of money to the other (who is Chinese). The problem is the foreigner's account (even though it's a Chinese bank account) is in Euros. They tried to go to the local (Chinese) bank and do a transfer, but were told that it was illegal to transfer a foreign currency to a Chinese person like that, and that they would have to first convert all the money to RMB and then could give it to him, but that gets pretty expensive with exchange rates and fees, since this is apparently a pretty large sum. So the question is: What's the best way for a foreigner to transfer his money, in euros, at his Chinese bank account to the Chinese bank account of a Chinese national? Is there any bank card or service which the Chinese national can apply for to make it easier?
It was suggested to me to make a small investment in foreign currency. What are the basics? Would it be best to go through broker or to invest on my own? Help!
All the websites I can find using Google only go back to 1990. I am specifically looking for the exchange rate of Tunisian denars in 1970.
Accounting puzzle: how to log cash transactions for accounts held in a foreign currency? [more inside]
Cuba Travel Filter: I will be going on vacation to Cuba next week. I am finding conflicting information online about a few things, and would love some clarification before I spend the weekend worrying too much. [more inside]
This past weekend I had a huge moving sale, and ended up with about $1500 in small bills ($1s, $5s, $10s, $20s). Between cleaning my apartment and packing everything up today, I forgot to go to the bank and deposit the money into my account. Tomorrow morning I fly out of JFK (Terminal 4, specifically) to move to San Francisco, and since my flight is early there's no time to go to a bank. I feel weird traveling with these huge wads of cash, especially as it's all small bills. Right now it's all stuffed into a cigar box in my carry-on. I don't think it will fit in my wallet. Will the currency exchange places give me $100s (or better yet a money order) for my cash, and will I find one before passing through security? Will TSA steal from me, or give me a hard time for carrying these wads of bills? Is there possibly a Bank of America branch in JFK? What should I do? I don't think I'm comfortable depositing this much cash through an ATM, and anyway it would take forever.
How to pay for apartment in The Netherlands? We are close to signing a lease for an apartment in Amsterdam for three months. How do I deal with a large lump-sum payment? We are coming from The States. [more inside]
What's the best way to handle getting/carrying foreign currency? (For travel to Japan, in particular.) [more inside]
Money: who are the current deep thinkers about money, monetary systems, currency, global flow of cash... and alternative systems and options. [more inside]
What are the limitations of making artwork from scans of currency? [more inside]
Can someone identify this paper currency? [more inside]
Help me figure out the best way to convert dollars to pounds in Europe. [more inside]
Recently I learned that The Sims creator Will Wright stamps his name on worthless currency and uses that as his "business card". I find this very charming as he can keep his cards alongside his actual cash. I would like to do the same thing, with the cheapest currency I can find, but when I went to the currency exchange place down the road from me, the cheapest currency they had was still very expensive. Each "card" would have cost me like, 20 cents or something. Where can I buy stacks and stacks of worthless cash for rock bottom prices?
Living in the US, what can I do with 50,000 rubles? [more inside]
Traveling from Japan to Singapore via Taiwan. WRINKLES: 12:30a landing in Singapore and leaving from a predominantly-domestic airport in Japan. Question 1: Can I do yen directly to Singapore dollars in Taiwan? Question 2: How best to kill time in Chengi airport until the buses and MRT start running again in the morning?
Is there a way for me to estimate the total value of a certain weight of random mixed us coins? [more inside]
Could I get an explanation (as free of political bias and buy-gold-and-ammo hysterics as possible) of how the unraveling of the Euro would go down, how such an unraveling would affect the rich and poor nations of the EU, and what economic impact it would have on the US economy?
I'm looking for an accurate inflation calculator that will tell me how much a certain sum in today's dollars would be worth in any particular year over the past 30 years. For example, if I have $1000.00 USD today, what would be the equivalent monetary value in 1982? Or 1993?
If the Euro collapses, will the price of gold in US Dollars fall as people seek to hold a stronger currency?
International customer service/refund issue. Help me reconcile whose fault it is that I'm out $90. [more inside]
Forex filter: Why is the Euro still worth more than the US dollar? [more inside]
Is my $100 bill real or counterfeit? [more inside]
Pre-war British currency. [more inside]
Which financial service do you recommend for currency conversion? [more inside]
My mom recently returned from the Ivory Coast with about 50,000 XOF (=~$100). However, she hasn't found anywhere that will accept the XOF and pay her USD. She has tried Wells Fargo, American Express travel exchange, and Travelex, with no success anywhere. Does anyone know who will accept XOF for exchange?
Is there a rational upper limit or ceiling on the value of currencies, such as the yen, which have experienced substantial increases against the dollar due to the US debt crisis? [more inside]
Economics filter: I'm sitting on a lot of Korean won. I want to buy US dollars (practically, I'd do a wire transfer from my Korean bank acount to my US one). Given that the Republican Party might ruin the US economy out of sheer spite, how should I time this transfer to maximize my personal profit re: a beneficial exchange rate (weak USD, stable/strong-ish Korean won)? [more inside]
If you were visiting Europe in mid-August, would it make sense to exchange US dollars now? I'm worried about the dollar tanking against the Euro in light of a possible default and the remaining parade of economic horrors.
International banking filter: I'm moving to Stockholm from Seattle in about a month. What's the best way to set up an account in Swedish krona when the person supporting me will be giving me money in US dollars? Also, what is the cheapest and fastest way to transfer money from US accounts in USD to the Swedish (or international?) SEK account? [more inside]
Should I buy some Turkish currency now, ahead of my two-week September trip to Istanbul, to hedge against the (hopefully remote) possibility that U.S. politicians will not raise the debt ceiling by August? Or euros? Are there other steps I should take now to protect myself, just in case? [more inside]
Capital Gains on Precious Metals exchanged for Goods and Services? I own Platinum, Gold, and Silver physical coins, bars, etc. and know my cost basis for all purchases and have not sold any. Let's say rather than sell them back to a coin dealer or other similar entity, I exchange gold or silver or platinum for a service or good or something other than currency, what are the tax implications? [more inside]