Hi,
I am going on a holiday/work trip in Dubai and Thailand soon. I have several hundreds of 1 Dirham coins and thousands of 1 baht coins. Was wondering, if there is a place Dubai and Thailand where I could exchange them for banknotes, so I could use them during the period I am there?
Any help would be greatly appreciated.
Through all of my travels, I have never encountered a currency exchange that would accept coins. The only place that I could get/exchange coins was in a bank ..
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Do not argue with ignorant people .. !! They will drag you down to their level, then pulverize you with experience ...
In my opinion,once you wish to buy foreign currency at exchange place(especially banks),they must accept the local currency,even if it's in a shape a coins...it's still legal tender there,and at least by the law,they must to:)
Or,buy yourself something with the coins...you may get a seller nervous a bit...but you will still get rid of the kilograms of coins:)
Thank you for your answers.
I've read some forums about these countries, and they say the banks don't like receiving coins and they won't accept them if you don't have account with them. Also, the currency exchange places, most of them don't accept coins. But these forums game me the great idea that most of the local shops would gladly take the coins in exchange for banknotes, because they are always short of change. That is some very good advice, although I am not sure how many shop workers would sit down to count hundreds of coins...
Quote: "Fire Blade5" I am not sure how many shop workers would sit down to count hundreds of coins...
If you are going to take that many coins with, and want the local shops to easily accept them, I might be a good idea to have the already bagged in 50 count per bag. You can get zip seal bags quite cheap ..
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Do not argue with ignorant people .. !! They will drag you down to their level, then pulverize you with experience ...
I don't know how it works in Asia,but here plenty of people go once in a while and exchange their coins at shops:)
So instead of counting,the sellers simply take a quick look if it's only 1's,5's,10's or 50's,and then put the coins on the scale to verify the weight matches the sum claimed by the owner.
I do it once in maybe 2 or 3 months,and the entire "procedure" takes no longer than 10 seconds(ok,it's at a shop that I visit almost daily)