If I google the exchange rate from one currency to another, it shows a much better rate than what I would get in a bureau de change for the same amount of money. Why are these two rates so different?

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If I google the exchange rate from one currency to another, it shows a much better rate than what I would get in a bureau de change for the same amount of money. Why are these two rates so different?

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Anonymous 0 Comments

The correct answer is already here, but you can find another example by looking up the market price of gold, then shopping around online for places that sell gold. Their price will always be higher, because they add a little to make a profit (which is ok; they’re a business and they’re providing a service). All of it is basically a fee or a handling charge or a surcharge or whatever you want to call it.

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