How to Save Money on Currency Exchange as a Young Traveller

As a young traveller, it’s important to find ways to save money on currency exchange so you can stretch your budget further and enjoy more activities and experiences. Here are some tips and tricks for saving money on currency exchange as a young traveller:

1. Research exchange rates: Before you travel, do some research to find out the current exchange rate between your home currency and the currency of your destination. This will help you get a sense of how much you’ll be spending and allow you to compare different exchange options.
2. Use a credit card: Many credit cards offer competitive exchange rates and don’t charge fees for international transactions. Consider using a credit card for your purchases and paying it off in full when you return home to avoid interest charges.
3. Use a prepaid travel card: Prepaid travel cards allow you to load them with a specific amount of money and use them like a debit card. These cards often offer competitive exchange rates and don’t charge fees for international transactions.
4. Avoid exchanging money at the airport: Airport currency exchange desks tend to offer poor exchange rates and charge high fees. Instead, consider using an ATM or exchanging money at a bank or currency exchange office in the city.
5. Bring a small amount of cash: While it’s important to have some cash on hand for emergencies, consider bringing a small amount and using your debit or credit card for most of your purchases. This will help you avoid carrying large amounts of cash and the risk of losing it.

By following these tips, you’ll be well on your way to saving money on currency exchange as a young traveller. Don’t be afraid to research your options and shop around to find the best deal. Happy travels!