How to convert dollars into rubles and not lose your savings

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

It is very difficult to imagine how a modern person who actively travels, is engaged in business or just wants to save his savings, can do without foreign exchange transactions. Today, almost everyone knows how to convert dollars into rubles and vice versa. This process has become part of everyday life. However, there are very risky ways to exchange currency that are best avoided.

Everything is honest, no cheating

The least risky is to entrust your savings to bank employees. They will be happy to help convert American dollars into rubles. At the same time, the risk of receiving counterfeit banknotes is almost completely eliminated.

An important nuance that should not be forgotten is the exchange rate. The official quotes set by the Central Bank may differ significantly in each case, both up and down. Today, the dollar exchange rate is at around 35 rubles, but it is worth remembering that it is constantly changing.

So before you head to the bank withwith your hard-earned money, you must:

1. Check the official exchange rate. You can do this on the website of the Central Bank or at its nearest branch.
2. Choose a reliable bank with the best quotes.

He who does not take risks does not drink champagne

How to convert dollars into rubles with the greatest benefit? This question is relevant for many people. Those who are not satisfied with bank quotes and who are ready to take risks can be advised to turn to "street money changers". As a rule, their exchange rate is more favorable, but they do not provide any guarantees that the transaction will be successful.

Turning to such a semi-legal exchanger, you need to be prepared for the fact that there are many clever tricks that you can fall for. One of them is a sign with a deliberately overvalued exchange rate. The client, seeing her, will rush to make an exchange. But when recalculating the money received, it often turns out that a decent amount is missing. The thing is that this information is relevant only when foreign exchange transactions are carried out with large amounts, starting from 5 thousand dollars. It turns out that the client was warned about this in advance, because on the plate the conditions were written in Russian in black and white, however, in very small print and in the very corner.

The next way to make a profit by "changers" is very similar to the previous one. The whole difference lies in the fact that a commission is included in the quotes of such exchange offices. Therefore, in order to convert the indicated dollar rate intorubles, you will need to subtract it.

The above two methods are relatively legal. However, there are many illegal methods. Therefore, it is worth thinking twice about the best way to convert dollars to rubles.

Conducting foreign exchange transactions via the Internet

Modern technologies have penetrated into all spheres of human life. So such a profitable business as currency exchange is gradually moving to the Internet. Indeed, what could be more convenient than an exchange made by pressing a couple of buttons. But, as you know, you have to pay for convenience.

It should be noted that the Internet is a space that is even more prone to fraud. The decision on how to convert dollars into rubles should be made by their owner. At the same time, one must always remember that no organization will act at a loss. Therefore, if in any exchanger the dollar exchange rate is much higher than the official one, then you should think about it before taking your savings there.