Posted by forex at 7:55 AM
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1. Currency exchange companies usually have storefronts or kiosks at airports that offer international flights, so you can exchange your currency at the airport on your way home from a foreign country if you have the time.
2. Find a currency exchange company such as Forex in your area by checking the Yellow Pages or searching online. Bring your foreign currency to the branch office of a currency exchange company in your area. They will trade it for U.S. dollars at the current exchange rate. They will also charge you a fee of about $10 per transaction, so it pays to exchange all of your foreign currency from a single country at once and only pay one transaction fee, rather than exchanging a little at a time and paying multiple transaction fees.
3. Calculate the amount of money you will receive in exchange for your foreign currency by looking up the exchange rate between that currency and U.S. dollars on the website of the company you will be using to exchange it. Divide the amount of foreign currency you have by the rate that indicates the percentage of a dollar at which that currency is valued. Subtract the company's transaction fee from the dollar value amount to calculate how much money you will receive from the currency exchange company.