The best place to exchange foreign currency in the U.S. is at your local bank or credit union before you leave for your trip. What is the currency exchange rate? The currency exchange rate is the value of one country’s currency relative to another country’s currency. Exchange rates fluctuate 24/7. Do banks accept foreign currency in the US?
What is a currency exchange rate?
A currency exchange rate is simply the value of one country’s currency against another country’s currency. Like produce prices, the U.S. dollar’s value against the currencies of foreign countries like France, Canada and Mexico tends to fluctuate.
Do all banks or credit unions exchange foreign currency?
Not all banks or credit unions exchange foreign currency. Our list has options that let you exchange foreign currency at a branch, over the phone, or online. Most financial institutions require you to be a customer to exchange foreign currency.
