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1 GBP = 1.12767 EUR
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Various ways to compare currency exchange

It is quite necessary to compare currency exchange rates before going on a holiday to a foreign land in the near future. If you have planned for the trip to a foreign country, you should consider of comparing currency exchange rates to avoid loss. There are a number of ways to compare currency or compare currency rates to make your travel a safe and pleasant one.

It is one of the best ways to exchange currency if you have credit cards. These days, credit cards have become the most common ways for money exchange when you are abroad. Credit cards are safe to use. In case, they are lost, your bank will replace the same or refund without putting you in trouble. There is one drawback in using credit cards abroad. The fees charged abroad are typically expensive. And the credit cards also encourage you to overspend. It would be disappointment to spoil a great time by getting into financial crisis.

On the other hand, debit cards can be used in exchanging currency. You will receive almost similar facilities from debit cards. But there will be certain additional charges when you withdraw cash from banks. However, using a prepaid currency card can immensely be helpful. You will hardly be charged high while using a prepaid currency card. Why this particular card is gaining popularity because it allows the user to spend according to the amount he loads. Therefore, it reduces the possibility of overspending as with credit cards. With the help of a prepaid currency card, you can expect a stress free vacation.

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