A secret on exchanging $ for € in Paris
Sep 3, 2003 | 6:31 pm
#1
Original Poster
Join Date: Jan 2000
Location: The Internets
Posts: 8,269
A secret on exchanging $ for € in Paris
Most people do not need to exchange $ bills into € these days, if they have an ATM card.
But if for some reasons you have to sell your $ ( leftover drug money, etc
), here is a secret for you:
Use the chinese exchange shops in the 13th arrondissement. They are all mom and pop operations, and give you the best rate in town.
Today they bought $1 for €0.88.
My $900 yielded 792€.
American Express wanted to give me 702€. Thieves.
Metro Tolbiac, Avenue de Clichy, walk half a mile, you'll find them.
But if for some reasons you have to sell your $ ( leftover drug money, etc
), here is a secret for you:Use the chinese exchange shops in the 13th arrondissement. They are all mom and pop operations, and give you the best rate in town.
Today they bought $1 for €0.88.
My $900 yielded 792€.
American Express wanted to give me 702€. Thieves.
Metro Tolbiac, Avenue de Clichy, walk half a mile, you'll find them.
Sep 3, 2003 | 9:16 pm
#2
FlyerTalk Evangelist
Join Date: Sep 2000
Programs: BA, AA, DL, KLM, UA
Posts: 37,489
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Droneklax:
Most people do not need to exchange $ bills into € these days, if they have an ATM card.
But if for some reasons you have to sell your $ ( leftover drug money, etc), here is a secret for you:
Use the chinese exchange shops in the 13th arrondissement. They are all mom and pop operations, and give you the best rate in town.
Today they bought $1 for €0.88.
My $900 yielded 792€.
American Express wanted to give me 702€. Thieves.
Metro Tolbiac, Avenue de Clichy, walk half a mile, you'll find them.</font>
Most people do not need to exchange $ bills into € these days, if they have an ATM card.
But if for some reasons you have to sell your $ ( leftover drug money, etc
), here is a secret for you:Use the chinese exchange shops in the 13th arrondissement. They are all mom and pop operations, and give you the best rate in town.
Today they bought $1 for €0.88.
My $900 yielded 792€.
American Express wanted to give me 702€. Thieves.
Metro Tolbiac, Avenue de Clichy, walk half a mile, you'll find them.</font>
Sep 4, 2003 | 12:32 am
#3
Original Poster
Join Date: Jan 2000
Location: The Internets
Posts: 8,269
Mom and pop on avenue de Clichy need to live.
Amex on Avenue de l'Opera need to pay the rent of the fancy office, hence the scam.
I don't think you can get the 830€ anywhere, as it is the interbank rate.
I think that the chinese exchange outfits have the smallest differential between dollar sale and purchase price (0.88€ and 0.93€).
Amex on Avenue de l'Opera need to pay the rent of the fancy office, hence the scam.
I don't think you can get the 830€ anywhere, as it is the interbank rate.
I think that the chinese exchange outfits have the smallest differential between dollar sale and purchase price (0.88€ and 0.93€).
Sep 4, 2003 | 1:48 am
#5
Join Date: Feb 2001
Location: Paris, EU
Programs: FB Life Platinum
Posts: 628
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Droneklax:
Metro Tolbiac, Avenue de Clichy, walk half a mile, you'll find them.</font>
Metro Tolbiac, Avenue de Clichy, walk half a mile, you'll find them.</font>
There are some "mom and pop's" in Avenue d'Ivry also.
[This message has been edited by TGV (edited 09-04-2003).]
Sep 4, 2003 | 6:27 am
#7
In Memoriam
Join Date: Jul 2002
Location: CDG
Programs: I used to be Plat, but now I'm not. Now I'm just Gold. Lucky if I keep that.
Posts: 4,029
The mom and pop next to the musée de l'erotisme in the 18th is also quite generous with rates.
Turn to the right afterwards for a cultural visit, turn to the left and enjoy a sandwich grec.
Turn to the right afterwards for a cultural visit, turn to the left and enjoy a sandwich grec.
Sep 4, 2003 | 7:52 am
#9
Original Poster
Join Date: Jan 2000
Location: The Internets
Posts: 8,269
...and I also just checked the local "Chequepoint' near Les Halles, for the fun of it.
My $900 would have yielded a "generous" 681 € there!
I always thought those outfits were in the highway robbery business.
My $900 would have yielded a "generous" 681 € there!
I always thought those outfits were in the highway robbery business.
Sep 4, 2003 | 11:36 am
#10
Join Date: Dec 2002
Location: ORD AA EXP
Posts: 450
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ScottC:
You are still getting scammed, $900 should yield €830.07 on todays exchange rate.</font>
You are still getting scammed, $900 should yield €830.07 on todays exchange rate.</font>
Sep 4, 2003 | 10:23 pm
#11
Original Member
Join Date: May 1998
Location: PDX
Programs: TSA Refusenik charter member
Posts: 16,127
Correct. That's the interbank rate, as mentioned above.
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by csb:
Are you talking about the daily "spot rate?" Nobody gets that other than banks and very large international trade companies. </font>
Are you talking about the daily "spot rate?" Nobody gets that other than banks and very large international trade companies. </font>
Sep 8, 2003 | 9:28 am
#13
Join Date: Apr 2002
Location: Paris
Posts: 577
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Droneklax:
Use the chinese exchange shops in the 13th arrondissement. They are all mom and pop operations, and give you the best rate in town. </font>
Use the chinese exchange shops in the 13th arrondissement. They are all mom and pop operations, and give you the best rate in town. </font>
[This message has been edited by Louie_LI (edited 09-08-2003).]