How to
Exchange Currency
When you're traveling abroad, banks and legal money changers offer the
best rates when you need to exchange one currency for another.
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Travel — Exchange foreign money over there
November 8, 2004. When you travel abroad, exchanging currency can be difficult. If you're not careful, it can also cost you money. Wait until you reach your destination to change money, Susan Foster recommends in her new book "Smart Packing for Today's Traveler." Dealers in the United States generally charge more than those abroad, so you're better off changing money for initial expenses -- taxi fare, etc. -- when you arrive at the airport, train station or border to which you're heading. read more
Beijing Tips - Currency
The main thing to remember when dealing with Chinese currency is the 5 Jiao note is not 5 RMB. We've seen foreign tourists at the subway station confused as to why the 3 RMB ticket is not covered by their 5 Jiao (0.5 RMB) note. The next thing is to watch out for fake currency. There are many fake yellow-style 50's and less new-style (red) 100's. We will cover how to spot a fake note in a future tip. read more
Country Currency Units
Australia - Australian
dollar (100 cents)
Austria - Austrian schilling
Belgium - Belgian franc (100 centimes)
Brazil - Cruzeiro real
China -
Chinese yuan or MDNM jiao (100 fen)
Czezh - Republic Czechoslovakian koruna (100 halero)
Denmark - Danish krone (100 ore)
Egypt - Egyptian pound (1,000 millemes)
Finland - Finnish mark (100 pennia)
France - French franc (100 centimes)
Germany - German mark (100 pfennig)
Hungary - Hungarian forint (100 filler)
India - Indian rupee (100 paise)
Indonesia - Indonesian rupiah (100 sen)
Ireland - Irish punt (100 pence)
Israel - shekel (100 agorot)
Italy - Italian lira (100 centesimi)
Japan - Japanese yen (1,000 rin)
Jordan - Jordanian dinar (1,000 fils)
Korea, South Korean won (1O hwan = 100 chun)
Lebanon - Lebanese pound (100 piastres)
Mexico - Mexican peso (100 centavos)
Morocco - Moroccan dirham (100 Moroccan francs)
Netherlands - Dutch guilder or florin (100 cents)
New Zealand - New Zealand dollar (100 cents)
Norway - Norwegian krone
Poland - Polish zloty
Russia - Russian ruble (100 kopeks)
Singapore - Singapore dollar
Spain - Spanish peseta
Sweden - Swedish krona (100 ore)
Switzerland - Swiss franc (100 centimes or rappen)
Syria - Syrian pound (100 piastres)
Thailand - Thai baht (100 satangs)
Turkey - Turkish lira (100 kurus)
United Arab Emirates - dirham (100 fils)
United Kingdom - pound sterling (100 pence)