> I want to obtain 1000 EUR in euro notes, paid for with US dollars.
>
> oanda.com says that 1 Euro = 1.1345 USD
>
> I checked a few currency exchange sites, all of whom said that there
> was no commission or fee charged.
>
> ordercurrency.com
> 1000 Euro = 1294.13 USD
> 14% exchange surcharge



This will be rates for having notes delivered to you in a safe manner (or
you go pick them up somewhere).
Cannot compare that to rates set for just changing currencies in electronic
form.

What would be cost if there were e-gold notes, and you would order them from
any of the e-gold axchange providers?

If you exchange Euros into $ without having notes delivered to you, the cost
is less than 1%.

For bigger amounts (over $10000) the costs will be even less, usually 4 or 5
pips, wich means you buy 1 Euro for 1.1347 US$ and you can sell them for
1.1342 US$

Now you can compare with e-gold exchange fees..


Danny







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