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Hoarding foreign currency can be a fun hobby, but in practical terms it may be more of a hassle than it's worth if you want to spend the money.
Exchanging money in an airport. While convenient, airport currency exchange typically comes with premium pricing. You could pay up to 15 percent more than bank rates, plus face additional hidden fees.
Of course, travelling requires money, and you'll need to know how to exchange your money for any foreign currency. Here are some tips on what you should and shouldn't do when travelling abroad.
You shouldn't have too much trouble banking any foreign currency your small business takes in, but doing so will probably end up costing you a little money on the exchange rate and service fees ...
Just got back from vacation? Experts say Canadians should exchange leftover foreign currency now before it loses its value.