Get the best Euro to Dollar exchange rate today in Spain

Usually, when we want to buy United States dollars in Spain we only think of banks. But we do not have in mind that practically nearly all banks in Spain charge you a a margin on the United States dollars that you order from them, besides, a fixed commission of 3% (with a minimum of six to ten euros).

This makes the currency exchange less interesting and in most cases it is much more recommended to exchange holiday money at foreign currency provider. These businesses offer the alternative of ordering your United States dollars via collect in store or home delivery.

In regard to the airport, it is always the least interesting option as it is much more expensive than the foreign exchange suppliers based out of the airport.

The Euro-Dollar exchange rate is rather easy to comprehend. As in all markets, you can find wholesalers and retailers.

Banks & Currency providers are retail businesses that buy from currency wholesalers the notes they estimate to offer to individuals at the wholesale exchange rate (interbank market) and mark-up their working margin.

They then sell those banknotes to individuals at their selling price of the day, winning that differene.

For example, if you want to buy United States dollars, you contact your currency supplier or a bank and pay the sale price of the day they advertise. That rate already includes a profit for the currency provider.

The average amount of the typical user who orders US Dollars with Euros is around 700 euros, which is an amount that falls within the limits of the currency suppliers that operate with end customers in Spain.

The greater the quantity of US Dollars to order, the greater the like you will be asked for your professional activity data in addition to your identity document or passport.

Buying online dollars USD in Spain is very safe. Take into account that it is done with currency providers that must have a licence from the Bank of Spain.

Additionally, these holiday money providers are corporations subject to audits and can be fined if they fail to comply with the binding AML legislation in Spain to justify with whom they exchange dollars USD.

The euro to Dollar price changes daily. The currencies of countries with more stable economies fluctuate less, and vice-versa. Nevertheless it is also necessary to bear in mind phenomena such as Brexit or the Ukraine war, major sporting events or economic crisis, which can alter the travel money rates of a specific currency, like the Dollar, from one day to the next.

In any case, most banks and currency suppliers usually revise the rate at which they buy or sell dollars USD once a day, early in the morning.

Cambiator always has its travel money rates up to date, so that you are shown the best information available on exchange rates.

Without doubt. Cambiator has been analyzing the Spanish market for currency suppliers and banks for more than 5 years and has come to the conclusion that, depending on the currency you want to order, some currencies are easy to find but other less frequent ones are pretty scarce.

Generally the euro to Dollar price is cheaper if you order them online home delivery or collect in store than if you go directly to the currency provider branch.

Find out from your holiday money provider if your order includesa boy back cover allowance. This means the possibility of returning a % of the dollars of the initial purchase for free.

If you do not qualify for buyback, head to our Sell your currency tab, introduce the Dollar banknotes you saved (notes only, not loose coins) and choose your city. Cambiator will display how many Euros the different holiday money providers will offer that day in your city for your leftover dollars.

The common thing is that the travel money provider where you will obtain your dollars USD will demand from you to show a valid and current identity document (resident´s ID card (DNI or NIE) or passport in Spain). Take into account that the driver's license is not normally accepted as a valid ID.

Contrarily banks do not usually request any ID from their customers who acquire dollars USD for they already identified them when they opened a bank account with them.

As a rule, we suggest you to obtain your foreign currency in safe locations and where they do not impose on you a fee, in addition to an exchange margin. Practically all banks in Spain and some physical currency providers will charge you a currency exchange fee circa 3 per cent, with a minimum (whichever is higher), of 6 to 10 euros.

This means that when you exchange 100 € to United States dollars, as well as an exchange margin, you will have to pay a fixed fee of between 6 and 10 euros, since it is an amount higher than the 3 euros fee that would correspond to applying 3% to 100 euros. If you exchange six hundred euros to United States dollars, they would apply a 3% fee. That is eighteen euros which is higher than the minimum of between 6 and 10 euros.

Knowing the best exchange rate for the euro with respect to the dollars USD today in Spain, is easy.

The first thing we advise you is to not belive in the prices of the currency converters that appear on the Internet. These rates are for foerign currency but not for banknotes. In addition, they are restricted to banks. The rates you give out as an individual are less competitive.

The second thing you should do is look at the direct euro to Dollar exchange rate (that 0.991 with more or less digits that you see advertised everywhere and that varies every day).

The higher that number is, the more dollars USD they will give you for every Euro you bring.

Therefore, the best exchange price will be the higher exchange rate. Cambiator makes it easy for you to find out the best euro to Dollar exchange rate. Our results page orders Dollar offers from highest to lowest rate of the day in five currency suppliers, airports and banks in Spain.