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Sending cash has never been easier. You can send a variety of foreign currencies to multiple countries reliably, temporarily, and securely, and at a cheaper rate than maximum banks. Read more today.
If you are making plans to travel to the United States in the near future, you may need to exchange some of your cash for U. S. dollars, the country’s official currency. The foreign currency symbol is USD.
The U. S. is also colloquially known as “. “
This article comprises everything you want to know about converting from euros to US dollars, and adds where to get the most productive exchange rates and how to pay the highest fees on your conversion.
The calculation of the conversion of euros to US dollars is simple. You can use a calculator or do it by hand.
Using a currency conversion calculator is the simplest way to get an estimate when converting currencies. Since exchange rates vary daily, using a calculator can ensure that your calculations are correct.
Keep in mind that currency exchange comes with additional payments that a conversion calculator may not be able to predict. For example, credit card companies and ATM networks generally rate a 1% conversion payment on all foreign transactions. Individual merchants would also likely qualify for more payments if you ask them to convert the value of an item to their local currency at checkout.
The other option is to perform the calculation manually using an undeniable mathematical formula. However, for this, it is necessary to know the existing exchange rate. At the time of writing, 1€ EUR is worth 0. 99 USD.
Once you know this information, multiply the amount you have in USD by the existing exchange rate. The resulting number will tell you how many dollars you want to spend on your trip.
Suppose you have 1000 € and you need to know how many US dollars you have to travel to the United States. Using the existing exchange rate, your conversion formula would look like this:
1,000 euros x 0. 99 = 999 US dollars
When you’re in a position to buy USD, it’s a smart concept to plan ahead to make sure you pay the minimum fees. Here are 3 tactics to get the currency you want and minimize the fees you will be charged:
Next step: