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Community Chat: Currency Exchange where?
Bonaire Talk: Community Chat: Archives: Archives 2008: Archives -2008-12-01 to 2008-12-31: Currency Exchange where?
Top of pagePrevious messageNext messageBottom of page Link to this message  By eugene grimes (BonaireTalker - Post #65) on Saturday, December 20, 2008 - 1:56 pm:     Edit PostPrint Post

Where do we exchange our US dollars for Guilders?

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By Ann Phelan - www.bonairecaribbean.com (Supreme BonaireTalker - Post #3514) on Saturday, December 20, 2008 - 2:06 pm:     Edit PostPrint Post

If you feel a need to do this, go to the bank. I recommend you pay with your USD cash and get guilders back in change. This is done all the time quite well.

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By John "Smack" Anderson (Extraordinary BonaireTalker - Post #1628) on Saturday, December 20, 2008 - 3:19 pm:     Edit PostPrint Post

US $ is widely accepted on Bonaire. The exchange rate does not vary and all the businesses are well acquainted with dealing with US currency.

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By pat murphy (Extraordinary BonaireTalker - Post #1694) on Saturday, December 20, 2008 - 4:24 pm:     Edit PostPrint Post

i agree with ann and smack. because we are there for an extended time we get money from the bank in guilders but when we did a one or two week vacation we usually paid in dollars and got our change in guilders. but mcb or banco di caribe will exchange it for you if you really want. try to avoid the bank on monday morning...it seems to be more crowded then.

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By **Barbara* *"CB"* *Gibson** (Extraordinary BonaireTalker - Post #2428) on Saturday, December 20, 2008 - 4:45 pm:     Edit PostPrint Post

I am such a hick..it took me ages to learn to just use the ATM, which will give you a choice of guilders or dollars for withdrawals. Very reliable and convenient.

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By Dan Jolly (Experienced BonaireTalker - Post #204) on Saturday, December 20, 2008 - 4:47 pm:     Edit PostPrint Post

I never carry much cash anywhere - US or overseas. I use the ATM to get either dollars or local currency. So in BON I will get cash from ATM in either guilders or dollars, depending on my mood more than anything else. Usually when I buy in dollars I get change in guilders which works to build my guilder stash for those rare times I will use guilders.

The bottom line is I really would not worry about exchanging to the local currency, just mentally use 1.75 or so guilders per dollar as the rate of exchange 17 guilders = 10 USD.

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By pat murphy (Extraordinary BonaireTalker - Post #1695) on Saturday, December 20, 2008 - 5:34 pm:     Edit PostPrint Post

what we do to roughly figure the cost in dollars is to take the cost in guilders, divide in half and add 10%. so Nafl 30. would be 30/2=15+1.50= $16.50

thats just how we do it and it gets us close. we try to pay cash whenever we can for two reasons...one, it keeps us from running up huge cc bills and two, it saves the merchants some money.

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By David Frank (Experienced BonaireTalker - Post #722) on Saturday, December 20, 2008 - 6:36 pm:     Edit PostPrint Post

Another reason to use cash is the surcharge almost every CC company is adding for charges outside the US.

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By **Barbara* *"CB"* *Gibson** (Extraordinary BonaireTalker - Post #2429) on Saturday, December 20, 2008 - 7:33 pm:     Edit PostPrint Post

Pat, I do that too! Drives Eric the Engineer crazy....he has to have an equation.

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By Jim Woodward (Experienced BonaireTalker - Post #147) on Saturday, December 20, 2008 - 11:39 pm:     Edit PostPrint Post

I used the ATM at Maduro and Curiels Bank near Sand$ last week. It's a driveup and gives Dollars or Guilders. There is a 2% fee for using it, fair in my view.......

 

Top of pagePrevious messageNext messageBottom of page Link to this message  By Vince DePietro (Bonaire Beach Condo ) (Extraordinary BonaireTalker - Post #1818) on Sunday, December 21, 2008 - 7:14 am:     Edit PostPrint Post

Eugene.. As an aside, from what I've read pretty soon (Bonaire time) the US dollar will be the official currency on the island. However in the past, I've always used the same math equation that Pat has outlined above. Accurate & simple.

 


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