If you’re getting ready to travel outside the U.S., you might need to exchange your money for another currency. Understanding how the process works can help you save money and avoid costly fees.

Currency exchange is a common necessity for travelers, international shoppers and anyone conducting business overseas.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Betsy began her career in international ...

There are multiple fees associated with currency conversion, but some facilities charge significantly more than others. Planning ahead is the best way to save money by exchanging currency. Your local ...