The exchange rates we use are the buy rates for the listed currencies. Most websites, such as XE Trade, display "mid-market" rates, which are derived from the mid-point between the "buy" and "sell" rates from global currency markets. Online services list the mid-market rate because it indicates the value of a currency that is not weighted toward buying or selling. "Buy" and "sell" rates include overheads and profit margins that are independently set by foreign exchange providers; their rates can vary a lot and will differ from the mid-market rate. Due to the volume of our currency exchanges, we receive a very favorable buy rate, which benefits you, our travelers, as the rates you would pay if buying currency on your own would often be 3-5 cents higher than what we receive and charge.
Articles in this section
- What should I do about a cell phone?
- What is the closest airport or train station to my tour start/end?
- Why are your exchange rates different?
- How do I pay for my tour?
- Where do I mail my check or money order?
- What is the current exchange rate?
- What if I have to cancel?
- What should I pack?
- What is included in my tour packet at the start hotel?
- When do I get my tour documents?