200 posts tagged with currency.
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Dollar-to-Peso Effects
How does the rapidly falling peso affect everyday life for lower and working class Mexicans? [more inside]
How does a bank know what currency a cheque is in?
I got a compensation cheque from American airlines for being bumped from a flight. It doesn't say USD anywhere on it. How will my Australian bank know that it's USD not AUD? [more inside]
Breaking large bills in NYC
I'm going to New York City shortly and I have a stupid tourist question. I have a few $100's I'd like to have broken into smaller bills. Are there any banks that I'd be able to do this at in NYC? [more inside]
I'm schemin' on a thing, that's arbitrage.
Assuming a Maximum No-Deal Brexit, what impact should I anticipate on a British firm's capacity to ship goods to Australia? [more inside]
How Do I Exchange Convertible Cuban Pesos into U.S. Dollars in the U.S.?
I have 312 Cuban convertible pesos that mistakenly I brought back from a recent trip to Cuba. Is there any way to convert them to dollars in the U.S.? [more inside]
Will a currency note be detected in a gift shipped internationally?
I am posting a Christmas gift to a friend abroad, and would like to include a €50 note in the parcel as a reimbursement for something they picked up for me in my absence. However, if the note will be detected during the shipping process I would prefer to wait, so that the recipient doesn't have to pay gift tax on the currency. [more inside]
Price tag on vintage print from Goodwill
I found a quaint lacquered print at Goodwill yesterday, and I’m curious about what may be a price tag on the back. The piece is stamped “made in Italy” on the frame and my best guess is it dates at least to ~1950s, but could be older. Lacquer and hardware both have a good deal of patina. The sticker may be newer though. The handwriting appears non-American. Does anyone recognize the currency, if it is a price tag?
Which exchange rate to use?
I have a short-term contract with a domestic subsidiary of an European firm. We have negotiated my rates in USD, but I shall be invoicing and receiving local currency funds via a domestic transaction. So, the, perhaps silly, question is, which is the 'fairest' or 'proper' exchange rate to use in my invoice? Is the normally published inter-bank rate fine?
Currency Risk When Loaning to a European Friend
I'm American and want to loan money to a European friend with a term circa 10 years. We're worried about currency issues; one of us could get zonked (that's the financial term) if our respective currencies diverge. We're obviously not unique in confronting this predicament. Are there any clever standard solutions to protect us both? [more inside]
Am I losing out by receiving payment in Sterling instead of Euros?
I have just sold a house in Spain and am based in the UK. The purchasers are also based in the UK but the house was listed in Euros and a price was agreed with the them in Euros. A week ago, my lawyer came to me to say... [more inside]
Ink Pads for Stamping Currency?
I would like to stamp $20 bills with Harriet Tubman's face. What kind of ink pad should I use? [more inside]
How to receive sizeable foreign payment from third party?
I live in the US and am expecting a sizeable payment in Swiss Francs from my ex-employers pension fund in Switzerland. What is the most cost-effective way to do an electronic foreign currency transfer to the US? (More inside) [more inside]
Explain subdivided currencies to me.
I can't seem to gin up a good Google query about this, partly because "Fractional currency" apparently refers to something else.
Most currencies in use in the world have a 1/100 subdivision -- e.g., in the US, our currency is the dollar, but each dollar is made up of 100 cents.
But this isn't universal -- for example, the Japanese yen and the Italian lira. [more inside]
Financially smart ways to convert USD to THB
I have a friend who is hoping to have surgery in Thailand and would like some assistance with the financial process. There are two main questions they're trying to resolve.
What is the best way to convert their USD to Thai Bhat? And how can they hold THB before they make their payment to the doctor? [more inside]
Canadian Warranty Law between distributor and dealers
Fair and Reasonable VS Established Rates for Shop Labor Refunds [more inside]
Help me remember an early 90s computer game!
I have a very VERY hazy recollection of a children's computer game involving currency that I'd like to know more about. [more inside]
Travelling to Norway from UK tomorrow: Least worst currency option?
Going to Oslo, Norway tomorrow at short notice - what is the least worst option for getting Norwegian currency with the current terrible state of British sterling? Airport exchange will not accept pre-orders for collection due to market instability, usually a reasonable deal. Should I just draw cash on my debit card when I get to Oslo?
Post Brexit money moves.
My wife and I have several thousand quid sitting in a UK bank account.
Is the pound going be stable at this rate? Drop more? Bounce back? [more inside]
Forecast says...
What's an easy, legal, and reliable way to predict trends for currency exchange rates? [more inside]
1,000,000 in Turkish lira
I live in the US and would like to obtain 30-50 Turkish lira coins as part of a gift, especially the 1, 5 and 10s. I don't mind if they're from the current series or a little older. I'm looking on ebay and mostly seeing expensive collectibles (I expect to pay a premium on the exchange, but such a high one), and I'm guessing our local currency exchanges don't really keep them around. How can I get these coins? [more inside]
How to get the best exchange rate for a large USD->CAD transfer
I'm about to receive the proceeds of a sale of inherited US property. I'd appreciate hearing your experiences about how to get the best exchange rate. [more inside]
Reliable yet cheaper ways to transfer money from US to Korea?
Looking for recommendations for currency transfer services that are reputable, reliable and won't tack on as many fees as an international bank wire. This is for sending from a personal bank account in the US (from USD) and transferring to a personal bank account in South Korea (to KRW). In case it makes a difference, I'm interested in both of these scenarios: [more inside]
How would I get my hands on a bunch of the world's most worthless money?
I'd like to find out what some of the most worthless currency is in the world and then get my hands on a lot of it. Not counterfeits. The real stuff. Like where 100 dollars US is literally tens of thousands of a dollars worth of Brupals from Unobtainiastan in whatever form is most conducive to getting a briefcase's worth of seemingly high denomination bills.
So A) what currency should I be trying to get?
and B) Where would I get them?
Can I throw away my pennies?
In the United States, it is illegal for me to throw my pennies into public trash cans?
Currency speculation for dummies
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]
Historical Value of French Franc (in comparison to U.S. dollar)
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!
How to reduce fees when transferring money from Europe to Australia
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]
Most interesting science fiction/fantasy monetary or currency systems?
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]
Tennessee Williams on a three-dollar bill
GetRichQuickFilter: Where can I make my own paper money? [more inside]
Why does Bitcoin not hide one's total wealth?
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]
What's the best way to deposit US checks in Canada to be used in Canada?
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]
Fictional bitcoin novel?
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]
Pennies from heaven? No, coins from Canada
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]
Which coin is most plentiful?
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.
Essays about Alternative Currencies?
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.
Cheapest way to convert Japanese Yen to US Dollars?
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.
Bitcoin mining -- 2103 outlook w/free electricity
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]
Best banking solution for being paid in pounds, but living on euros?
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]
Help me convert Mexican pesos (paper cash) into USD
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.
Do drug dealers stamp their money?
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.
Best way to convert half a dozen currencies into one?
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]
What to do with mother-in-law's hoard of cash
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]
Transferring foreign currency in China
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?
How Do I Invest In Foreign Currency?
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!
Where can I find historic currency exchange rates from 1970?
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.
IANAA, RU?
Accounting puzzle: how to log cash transactions for accounts held in a foreign currency? [more inside]
Travel to Cuba - last minute worries.
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]
Wads of small bills at JFK Airport - how to change?
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.
Help with large lump-sum when traveling.
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]
How do I carry my yen?
What's the best way to handle getting/carrying foreign currency? (For travel to Japan, in particular.) [more inside]