Armenian currency is called the Dram, and has been since the country gained independence from what was the USSR at the time. That was about 15 years ago, and this currency has only grown more stable over time. Right now, $1 USD equals about 386 Drams. Of course, this number changes daily so be sure to look it up before you send money to Armenia in order to send the correct amount.One of the first places you might turn to when you want to transfer...more
The Bangladesh currency is tightly controlled by the nation's government, and has been in decline for the last ten years. It is called the taka, and $1 USD equals about 70 taka. Money can be exchanged widely throughout the country, especially at airports, banks, train stations, hotels, and locations called bureaux de change. In most cases, it is best to send your relatives funds in the form of taka rather than U.S. dollars, since that is what is...more
Though U.S. dollars are often accepted in Nicaragua, the official currency is the cordoba. $1 USD is equal to about 21 cordoba. A few versions of the cordoba have been in circulation, so you might hear references to the new and old types when you research the currency. Your relatives likely have some U.S. dollars since many places accept them, but the safest bet is to have most money in the form of the cordoba. Many U.S. banks do not send money to Nicaragua, so if you were considering that as your first option, you should find out about the others available.If you choose to use a money transfer service, budget for anywhere from $12 to $40. The number changes depending on the company you go through and the amount you send. Try to find a company that can send money to Nicaragua within a few minutes for a low fee. Otherwise, it could take days for the money to arrive. Of course, the method you choose will probably depend on how fast your relatives need the money.If you think your relatives will need money from you quite consistently, you might opt to mail them a prepaid debit card. This way, once they receive it, you can start adding funds for $5 each time. You can add up $1000 each...more
How to Make Money With Paid Surveys I frequently receive movie tickets, shopping vouchers and small amounts of cash, and I put very little effort into it, I certainly don't complete all surveys that are offered, only the ones that I feel like doing at the time. With an increase in effort, I would be able to make more money, but as I work...more
The currency of Ukraine is the hryvnia, and it has been quite stable for years. Currently, $1 USD equals about 8.24 hryvnia, so be sure to remember this when transferring money. It changes often so check it right before you send money to Ukraine. Most residents have some U.S. dollars in their possession, as they can be spent in some areas, but they...more
Knowing a bit about the currency of the nation is important prior to any remittance. The legal tender in the country is the South Korean won, and $1 USD is equal to about 1,157 won. This number changes daily, so be sure to look up the current exchange rate before you send money to South Korea.Many banks do not offer the ability to send money to South Korea cheaply. For example, Citibank makes it possible for people to send money to other countries for only $10 in most cases, but to remit to South Korea, it costs $20 if you have a preferred account. If not, it costs $30 to $40, and it costs $10 for your recipient to get the money from Citibank Korea. You could also transfer funds to other banks in the area, such as Kookmin Bank, Shinhan Financial Group, Hana Bank, and Woori Financial Group. However, the fees are typically similar to Citibank's, so you can expect to pay up to $40 in most cases.If you had been considering using banks to send money before finding out the fees, do not worry. You still have other options that are typically cheaper. One such option that is gaining popularity is the prepaid debit card. Some countries are not conducive to this type of remittance method,...more
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