Left over holiday money

cracker_jack

I have about $1,000 left over from a holiday from USA. Don't think I'll be returning for quite a long time, what's the best way to change it back to £ Sterling.

Would a local post office or bank be able to change the money and if so how reasonable would the rates be?

Voyager2002

The 'best' way is to exchange is with a friend at a rate that is fair to both of you.

And yes: Banks and Post Office would of course exchange it for you, but at rates that are so unreasonable that you would be better off holding on to the dollars. Even if you are not likely to visit the USA soon you could well use them somewhere else: they are the main currency used in Cambodia, for instance, so spend them next time you pop over to Angkor Wat.

pollypenny

In China, Thailand and Vietnam you'd find people eager to take dollars.

eDicky

Use the mid-market rate shown on xe.com to exchange them with someone you know who needs dollars, otherwise:

https://travelmoney.moneysavingexpert.com/buy-back

Avoid banks and the Post Office. For any future trip instead of exchanging cash use the 'travel cards' recommended in the MSE articles.

EveryWhere

https://www.thomasexchangeglobal.co.uk/exchange-rates-check-exchange-rates.php
https://www.linkfx.co.uk/rates/