Banks typically provide better exchange rates compared to airport kiosks or tourist areas. Understanding fees, spreads and rates helps you maximize your currency exchange value. Planning ahead ...

The Internal Revenue Service taxes foreign currencies at their value in dollars, which can create recordkeeping and exchange challenges. You may have to pay taxes on gains if you make a profit on ...

Tracking exchange rates is a good idea for anyone who regularly sends money transfers. When you convert money from one currency to another, the bank or specialist currency exchange provider you’re ...

An added challenge when importing goods for resale is that the company you are buying from might be using a different currency. International trade is often accomplished in U.S. dollars, but you might ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. As businesses in the United States have had to adjust to a ...

An international exchange rate, also known as a foreign exchange (FX) rate, is the price of one country’s currency in terms of another country’s currency. Foreign exchange rates are relative and are ...

The currency conversion rates applied by Visa and MasterCard when you use your card overseas are generally on par with market rates. Many or all of the products on this page are from partners who ...

Penny Pryor has more than two decades experience writing, reporting and editing financial services publications. She has contributed to, and edited, the Money Section of the Sun Herald and The Sunday ...