Best Way to Track Exchange Rates Before Traveling Abroad
Traveling abroad means exchanging money. The difference between a good rate and a bad rate can be hundreds of dollars on a two-week trip. Here is the best way to track exchange rates before you go. Why Track Before You Travel? Most travelers exchange currency at the airport or at their hotel – the two worst places. By tracking rates for 2-4 weeks before your trip, you can: Buy foreign currency when the rate is best Avoid last-minute desperation exchanges Budget more accurately The 3-Step Pre-Trip Tracking Method Step 1: Set Up a Travel Alert in Currency Pig Choose your home currency (e.g., USD) and your destination currency (e.g., EUR for Europe, JPY for Japan). Create an alert with a target rate. ...