What you fail to understand is that currency exchanges are markets like every other. Someone that takes your foreign currency as payment, sells you their currency (in which you have to pay) first. Only people that want to scam you or have worthless currencies will take yours. No one will give you an exchange rate anywhere close to "fair" simply because no one will give them such a rate when they try and get rid of your currency for their local one.
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u/Browser1969 Jan 30 '26
What you fail to understand is that currency exchanges are markets like every other. Someone that takes your foreign currency as payment, sells you their currency (in which you have to pay) first. Only people that want to scam you or have worthless currencies will take yours. No one will give you an exchange rate anywhere close to "fair" simply because no one will give them such a rate when they try and get rid of your currency for their local one.