Category: Tips

Understanding exchange rates can be frustrating, and knowing when you’ve got a good rate even more so, with rates changing on a dime. The reality is that there are multiple calculations taking place, and the real effective exchange rate (REER) is calculated as the weighted average value of a basket of goods compared to what… Continue reading How to Calculate Real Exchange Rate

There are many options for traveling with money. Undoubtedly, the safest and most cost-effective is to choose a digital transfer service or a multi-currency account to keep your finances safe. But with multiple options from credit and debit cards, traveler’s checks, exchange services, and carrying physical cash, it pays to have a plan so you… Continue reading What is the Best Way to Travel With Money Overseas?