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Money and Foreign Exchange
in Western Europe

Re-converting at the End of Your Trip

Most of us are concerned about the best deal in obtaining foreign funds. Many of us forget about the question of what to do with leftover bills and coins.

Your best bet: change them before you leave the country. Next best: change them for local bills and coins in the next country on your itinerary. In most cases most coins will be accepted for conversion as well as bills. In some cases smaller coins will not be.

If you expect to be returning to the country in the reasonably near future you may wish to take the money home with you, especially smaller change and smaller bills. We have baggies full of coins for various countries in the 'travel' drawers of our dressers.

The worst thing you can do is bring the coins and bills home and expect easily to exchange them. Unless you live in a major city you may find no source to convert the money for you. And wherever you go you'll rarely find anyone who will convert coins for you. If you are able to find a place to do the conversion for you, expect to get a very poor exchange rate (or high service charge.)

Important in 2001: convert before returning home if you've been visiting the eurozone: Germany, France, Italy, Finland, The Netherlands, Portugal, Ireland, Spain, Luxembourg, Belgium, Austria and Greece. Those coins and bills you have in your pocket won't be any good by early next year, in most cases by the end of February. And unless you plan on extended visits or have good friends or relatives in the country you'll find conversion from old coins and bills to euros quite difficult and time-consuming ... far beyond what most vacationers will want to be involved with. Don't get stuck with outdated money.

If, for whatever reason, you find yourself with leftover coins and small bills, consider donating them to UNICEF, to the benefit of the world's disadvantaged children. In some cases you may be able to donate your leftovers on your flight home. In other cases you'll need to make a special effort ... but an effort that's worthwhile. Take a moment to find out about the Change for Good project.

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