Compilation of the 3 most popular English conversations about currency exchange

English vocabulary for the topic of money

Meaning

Example

Currency

/ˈkɜːrənsi/

(n)

the money that is used in a particular country at a particular time

I need to exchange my currency before traveling abroad. 

Exchange rate

/ɪksˈtʃeɪndʒ reɪt/

the rate at which the money of one country can be changed for the money of another country

The exchange rate between USD and EUR has been fluctuating lately. 

Exchange bureau

/ɪksˈtʃeɪndʒ ˈbjʊərəʊ/

(n)

an office where you can change one currency for another

I'm going to the exchange bureau to convert my money into local currency. 

Convert

/kənˈvɜːrt/

(n)

to exchange one type of currency, share, etc. for another

I need to convert my dollars into euros. 

Foreign currency

/ˈfɒrɪn ˈkʌrənsi/

(n)

money from a country that is not your own

It's advisable to carry some foreign currency when traveling abroad. 

Cashier

/kæˈʃɪər/

(n)

a person whose job is to receive and pay out money in a shop, bank, restaurant, etc.

The cashier at the exchange office helped me exchange my money. 

Banknote

/ˈbæŋknoʊt/

(n)

a piece of printed paper that has a particular value as money

Make sure your banknotes are in good condition before exchanging them. 

Coin

/kɔɪn/

(n)

a small, round piece of metal, usually silver or copper coloured, that is used as money

I always keep some coins handy for small purchases. 

Denomination

/dɪˌnɒmɪˈneɪʃən/

(n)

a unit of value, especially of money

The denomination of this banknote is fifty dollars. 

Counterfeit

/ˈkaʊntərfɪt/

(Adj)

made to look like the original of something, usually for dishonest or illegal purposes

Be cautious of counterfeit money when exchanging currency in unfamiliar places. 

Withdraw

/wɪðˈdrɔː/

(v)

to take money out of an account

I need to withdraw some cash from the ATM before I can exchange it. 

Commission

/kəˈmɪʃən/

(n)

a payment to someone who sells goods that is directly related to the amount sold, or a system that uses such payments

The exchange bureau charged me a small commission for converting my money. 

Wallet

/ˈwɒlɪt/

(n)

a small folding case for carrying paper money, credit cards and other flat objects, that can be carried in a pocket and is used especially by men

Make sure you keep your wallet secure when exchanging money in crowded places. 

Bank transfer

/bæŋk ˈtrænsfɜːr/

(n)

the sending of money from one bank account to another, usually electronically

I prefer to do a bank transfer rather than carrying cash. 

Exchange service

/ɪksˈtʃeɪndʒ ˈsɜːvɪs/

(n)

to provide currency exchange that people need

The exchange service at the airport was convenient but had high fees. 

Communication phrases for the topic of money

Excuse me, where can I exchange currency around here?

Hi, do you know if there's a currency exchange nearby?

Could you tell me the exchange rate for Dollar to Euro?

What's the commission fee for exchanging money here?

Can I exchange 5000 Dollars to Euro, please?

Do you accept coins for exchange?

Is there a minimum amount required for currency exchange?

Can I see the current exchange rates, please?

Are there any additional fees or charges for currency exchange?

How long does it usually take to exchange money here?

Do you have any restrictions on the denominations of bills you accept for exchange?

Could I exchange traveler's checks here?

Is there an ATM nearby where I can withdraw local currency?

Do you offer a better exchange rate for larger amounts?

Can I get a receipt for the currency exchange?

English conversations about currency exchange

• Bank Teller: Good morning! Of course, how can I assist you today?

• Customer: Good morning. I'd like to exchange some currency, please.

• Bank Teller: Of course. Why do you want to exchange money?

• Customer: I'm about to travel to China, I want to exchange money to yuan to buy food, buy clothes,...

English conversations about currency exchange

• Bank Teller: Good morning! How can I assist you today?

• Customer: Good morning. I'd like to exchange Euros.

• Bank Teller: Of course. How much money would you like to exchange?

• Customer: I need to exchange $100 into euros, please.

• Bank Teller: Certainly, $100 into euros. Wait for me please!

English conversations about currency exchange

• Bank Teller: Here you go, sir. Your euros, $100 worth.

• Customer: Thank you very much. Have a great day!

• Bank Teller: You're welcome! Have a wonderful day too.