“There are three things in the world that deserve no mercy, hypocrisy, fraud and tyranny.”
– Frederick William Robertson

You’re on vacation in a foreign country. You check in to the hotel, leave your luggage in your room, grab the most needful items and go sightseeing. There’s so much to investigate!

Once you’re out, you notice a souvenir shop with cute backpacks. “I need to have one,” you think. In this very moment, you remind yourself you’ve only US dollars in your purse. “Right. I need to find a currency exchange.” You look around, notice at least three, and choose to go to the closest one.

Once you get there, you hand in $100 and receive some money in the local currency. “Perfect! Now I can buy that backpack!” you think. While you’re walking down the street towards the shop, elated, you pass by another currency exchange. You stop to check their rates and realize you’ve just been conned.

Does this situation sound familiar?

How To Avoid Getting Ripped Off By A Currency Exchange

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