FlyerTalk Forums - View Single Post - Dynamic Currency Conversion (DCC) [2014-2016]
Old Jan 15, 2015, 2:04 pm
  #1607  
Majuki
 
Join Date: Jul 2009
Location: SJC
Programs: AA, AS, Marriott
Posts: 6,066
Originally Posted by YuropFlyer
Ha! We finally found a case where DCC was saving you 25%

Anyone which got DCC scammed in the last days in Switzerland (and the regular conversation was only due today or later) saved 30% on currency exchange, as the SNB just stopped their 1.20 rate and the CHF gained 30% against all currencies.

So, any foreigners who bough stuff at ZRH yesterday and got scammed - you didn't. You scammed back
So for these rare, non-repeatable events the DCC proponents say we're naysayers because they can point to this and say, "See! See! You're locking in the rate." I guess it's good for those currency hedgers out there.
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