Currency Hungary

Currency Hungary

Currency Hungary

My boyfriend and I just returned from a whirlwind two weeks backpacking through Europe, and though it was wonderful, there are a few things I wish we had known before embarking. Here are some tips for making some of my bad backpacking experiences into some of your best ones.

1. Know the exchange rates and currencies before you leave

And bring much more money than you think you will need! Last month, the exchange rate in the European Union was almost $1.50 US for every €1. In other words, when I withdrew 300 euro from an ATM in Vienna, 445 American dollars were deducted from my account. Ouch! Also, many countries such as Hungary and the Czech Republic still deal mostly in their national currencies (forints and crowns, respectively), so don't get stuck in a restaurant in Budapest with only euro in your pocket.

Extra tip: Airports often have the lowest currency exchange rates. Beware of change stations on the streets, especially if they boast no commissions or fees. You will probably end up paying more for their services.