Bulgaria Ski discussion board

Best way to change money

daz Author:daz posts : 124   (Intermediate)Date : 01-26-11 22:31

Best way to change money

What is the best way to do your money. By that I mean should I bring stirling travelers cheques, cash or ATM card.
Which will give me the best rate.
The last time I was in Bulgaria, the wall had only been down 2 years and we got a much better rate from our ski instructors and other locals than banks.
Thanks, Daz.
ian w Author:ian w posts : 2024   (Master)Date : 01-26-11 23:14

re: Best way to change money

Banks or hotel Daz- take sterling notes out not defaced or torn-
there are ATM machines though if you prefer to use them (talking about Borovets here like) Very Happy
Pamporovo Pete Author:Pamporovo Pete posts : 14180   (Master)Date : 01-26-11 23:37

re: Best way to change money

Forget travellers cheques - they get the worst exchange rate.

NEVER NEVER NEVER change your money with strangers. NEVER!

Pete
Cool


PS - THe Wall has been there millions of years Daz!
Robert TK Author:Robert TK posts : 1193   (Master)Date : 01-27-11 02:05

re: Best way to change money

Same here in 1989 just before the fall of communism, although was a beach holiday and we used the lifeguards to change money. As far as I remember the actual exchange rate was 10lev to the pound but the government would give you 20lev ... lifeguards gave you 40lev!

Bugger all to spend it on and you had to have proof that you were taking home gifts to the value of the lev you had officially changed. There were dollar shops too, where you could only use sterling or US dollars, and locals ...
Same here in 1989 just before the fall of communism, although was a beach holiday and we used the lifeguards to change money. As far as I remember the actual exchange rate was 10lev to the pound but the government would give you 20lev ... lifeguards gave you 40lev!

Bugger all to spend it on and you had to have proof that you were taking home gifts to the value of the lev you had officially changed. There were dollar shops too, where you could only use sterling or US dollars, and locals weren't allowed in.

Anyway, to answer your question, ATMs! Take a few tenners to change just in case, but never had a problem with the cash machines out there. Any sorry fellow Scots, they only accept English notes!

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Colin Author:Colin posts : 280   (Expert)Date : 01-27-11 08:10

re: Best way to change money

I always bring cash (newish notes). Exchange rate at Gatwick on Monday was 2.02 with commission for transactions less than £250. In Bulgaria same day, I got 2.29 no commission.
Colin Author:Colin posts : 280   (Expert)Date : 01-27-11 08:15

re: Best way to change money

PS: use a bank, not hotel reception or Exchange Booth
nyck Author:nyck posts : 48   (Beginner)Date : 01-27-11 09:40

re: Best way to change money

We were there last week and i used the ATM at the Rila Hotel .
Exchange rate
ATM =2.33 Lev
Banks/exchange booth = 2.22
Gatwick = 2.02

nyck
emjay Author:EMJAY posts : 657   (Expert)Date : 01-27-11 12:28

re: Best way to change money

You will always get a better rate by using an ATM
charis Author:charis posts : 21   (Beginner)Date : 01-27-11 12:49

re: Best way to change money

I FOUND THE BEST RATE IN THE AIRPORT -SOFIA.
USING THE ATM YOU HAVE TO PAY ALSO FEES FOR HAVING CASH DONT FORGET THIS.