Originally Posted by
seawolf
Currently in Germany. I get a chuckle every time an Euronet ATM offers me a USD converted amount. Today, they offer an effective rate of 1.235 USD per EUR. Declined it and Capital One 360 charged me a rate of $1.087175 USD per EUR. Wow! Euronet is effectively charging a 13% transaction fee if you accept their offer.
Yup that's more or less today's interbank rate...the amount on the ATM is a month out of date (just shows how far the euro has fallen or the USD has strengthened). But here's the bigger question (out of topic to a degree). Can parity between the euro and USD be far away?