#86373 - 08/03/10 02:50 PM
Currency Exchange
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boardryder
Junior Member
Registered: 08/03/10
Posts: 2
Loc: US
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Hello all. Getting ready here for our honeymoon in just over 2 weeks. I've been reading the forums here religiously the past couple weeks and have a few questions on exchanging currency after reading multiple posts.<br><br>
1. Are the current rates in faaa what can be found in the currency converters? I found a post about someone getting a great exchange rate from AMEX and they just gave me $1 = 72xpf which is horrible as of now.<br><br>
2. Do you receive a better exchange rate with travelers checks vs. cash? Maybe it was the way it was worded but I have read mixed posts on which gives you the better rate.
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#86375 - 08/03/10 04:20 PM
Re: Currency Exchange
[Re: boardryder]
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Poehere
Expert Advisor
Registered: 08/18/07
Posts: 2340
Loc: FP
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Today's published rates are: US$ cash 93,79 versus TC 92,88
Don't change at the hotels as their rates are terrible.
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* with sunshine *
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#86383 - 08/04/10 04:02 PM
Re: Currency Exchange
[Re: Poehere]
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BarbiJKM
Supreme Advisor
Registered: 02/14/07
Posts: 6042
Loc: Mesa, AZ
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The consumer exchange rate at Faaa Airport is 4 to 5 points lower than the bank-to-bank rate you see published on xe.com. Yesterday it was 86-87 cpf to $1USD. However, the rate at the PPT airport is better than any rate you can normally get from home before you leave. Traveler's checks usually bring 1f more per dollar.
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#86384 - 08/04/10 05:00 PM
Re: Currency Exchange
[Re: BarbiJKM]
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Poehere
Expert Advisor
Registered: 08/18/07
Posts: 2340
Loc: FP
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Hi B&R did you and Tereva get back in ok? Missed you by just a few hours, as my flight left at 10.30 back to Tuam paradise LOL
Bisous
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* with sunshine *
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#86389 - 08/04/10 06:50 PM
Re: Currency Exchange
[Re: BarbiJKM]
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csloan
Junior Member
Registered: 08/04/10
Posts: 2
Loc: California
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So, it sounds like the best scenario is to get travelers checks at home, then convert them at PPT? Is that right?
Any advice on this is appreciated!
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Cathy
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#86390 - 08/04/10 07:44 PM
Re: Currency Exchange
[Re: csloan]
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Poehere
Expert Advisor
Registered: 08/18/07
Posts: 2340
Loc: FP
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Don't know about TC but it is safer in any case than walking around with a lot of cash... also the banks charge each time you change...
The agent at the airport is the banque de polynésie, you can check their rates here: http://www.sg-bdp.pf/change/frame.html
look under "achat", sorry I published the wrong one yesterday
hope this helps (that's the rate we pay when buying $$$)
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* with sunshine *
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#86405 - 08/05/10 07:05 AM
Re: Currency Exchange
[Re: Poehere]
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Old Wife
Expert Advisor
Registered: 02/21/03
Posts: 2302
Loc: Burlington, Ontario, Canada
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We take travellers' cheques to FP because we can't count on the ATMs to work properly (sometimes they work, sometimes they don't and we can't chance it). Travellers' cheques are safe (we don't want to carry all the money we need to spend in cash so we don't cash them all in at the airport--just a week's worth or so) and they are fairly easy to cash at banks. Yes, there's a fee, but if you're out on one of the islands, you can often shop around to find out which bank is the cheapest (we found that the Banque Socredo on Huahine was way cheaper than the other 2 available, for instance).
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#86415 - 08/05/10 03:33 PM
Re: Currency Exchange
[Re: Old Wife]
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BarbiJKM
Supreme Advisor
Registered: 02/14/07
Posts: 6042
Loc: Mesa, AZ
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The airport bank generally has the cheapest exchange fee (flat rate of about $5-$6 for any amount, so better to cash in more than less). Today's xe.com is 90 and the airport bank was 86 a few days ago.
Yes, travelers checks are the best idea, but difficult to cash anywhere except at the bank.
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#86416 - 08/05/10 03:34 PM
Re: Currency Exchange
[Re: BarbiJKM]
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BarbiJKM
Supreme Advisor
Registered: 02/14/07
Posts: 6042
Loc: Mesa, AZ
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Poehere, are you in ACULPULCO? Tereva and I missed you, but know we will see you before we leave Moorea!
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#86417 - 08/05/10 04:51 PM
Re: Currency Exchange
[Re: BarbiJKM]
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Poehere
Expert Advisor
Registered: 08/18/07
Posts: 2340
Loc: FP
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Poehere is in HEAVEN... roasting like a skinny pig feeding on lobsters and washing the heat away with cold hinano's wabadabadoo LOL will come give bientôt a coucou! gros bisous!
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