With that said, I use the free app XE to give me a WAG about the exchange rate for planning purposes. The currency rate, in any event, is only remotely related to the actual cost of the gelato because there is no way that I am paying the official exchange rate ever.įor large expenditures, the difference is actually greater because a 200 Euro hotel room definitely costs more than $222, and I won't know the actual rate until I see the receipt from my credit card when I settle my bank account.
I have never not gotten a gelato because it cost 2.5 Euros which in today's bank rate comes out to $2.77.5 American. In planning a purchase, I estimate that a Euro is a bit more than a dollar and then I pay the amount. Goods are priced in Euros, and they cost what they cost. I'll be the odd man out and ask why anyone needs a currency converter other than out of curiosity when planning a trip.Įuros are the currency of most of Europe.
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