Currency Exchange When to Exchange

Travel Information

Transcript

00:00are you planning to travel no matter if it is Mexico with its beautiful Caribbean

00:29sea or traveling to Japan to take in nature's natural beauty you will get more out of your

00:44dollar if you are aware of when to exchange your currency when is the best time to exchange

00:55your currency after traveling for the past few years to Mexico and Southeast Asia I have

01:06noticed a trend of when the exchange rates are high and when they are low no matter which

01:12country you are visiting after looking at the charts over the years I have noticed that

01:21the dollar is normally at its lowest rates starting in March and lasting all the way to September

01:31from September to the middle of March the dollar is normally at its highest rates

01:36with it being at its strongest normally from November to the end of February

01:40this is because during the winter holiday season more US people not only have a tendency to travel

01:52more but also to spend more causing the dollar to go up in value if you can arrange your trip at that

02:00time or buy your currency in advance this will be the best time to do your exchange

02:05if you plan on staying for a long period of time from a month or into years you may want to consider

02:15exchanging at these times in higher volumes to carry you out through the year

02:22you will have more bang for your dollar compared to exchanging at lower rates

02:27you will have more bang for your tax rates we hope you find this video helpful please like and subscribe