should i exchange my dollars into euros here in the us or abroad — no (-5)

pros

  • won't end up with less money (+10)
  • early preparation (+5)
  • Exchange my dollars in the us will get me more money (+3)
  • dollars (+3)
  • Euros rate are higher than dollars (+3)
  • more time to exchange (+3)
  • more time to do so (+3)
  • no need to exchange everytime (+2)
  • I will make profits (+1)
  • Easy method for conversion in USA (+0)
  • Money conversion can be done within the country itself. (+0)
  • have money when you land (-1)
  • No hard rules for conversion (-1)
  • Give the tips or fund (-1)
  • will have euros before trip (-1)
  • Euros is worth more (-2)
  • will know exactly what you will be getting (-2)
  • easier transaction (-4)
  • no tension (-4)
  • If you do here, less of hassle for when you get there (-5)
  • less hassle and anxiety (-5)
  • exchange (-6)
  • familiarity (-6)
  • Transfer the euros banks (-6)
  • better rate (-6)
  • better rates (-6)
  • easy to spend money (-12)

cons

  • Dollar conversion into Euro leads to cash outflow from USA (-9)
  • less money if a emergency comes up (-6)
  • could just use credit card (-4)
  • abroad (-2)
  • low conversion rate (-2)
  • finite amount of euros (-2)
  • Dollar reserves getting reduced in USA (-1)
  • There will be a fluctuation of price values in dollars and Euros (+0)
  • The exchange rate may differ (+0)
  • not enough dollars (+0)
  • I will have to move back and forth to exchange my money (+1)
  • euros (+1)
  • rate could increase later (+1)
  • you may not need to (+1)
  • unsure of how much to spend (+1)
  • us (+2)
  • traveling with euros (+2)
  • less knowledgeable (+2)
  • may not have time before trip (+2)
  • There will be taxes (+3)
  • could get less (+3)
  • Roaming (+3)
  • may exchange too much (+3)
  • If you do abroad, not everyone speaks English so might be more frustrating (+4)
  • need to carry cash on hand (+5)
  • time waste (+6)
  • But Unneccessary to exchange (+6)
  • totally there is no use of exchange in US (+10)

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