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10 Curiosities of the Swiss Franc!

30/07/2024
10 Curiosities of the Swiss Franc
Safe Currency: The Swiss franc (CHF) is considered one of the safest and most stable currencies in the world, being a refuge for investors in times of global economic uncertainty. Ancient History: The Swiss franc was introduced in 1850, unifying the various currencies that existed in Switzerland after the formation of the modern Swiss Confederation. Unique Design: Swiss franc banknotes are distinguished by their vertical design, unlike most currencies which have a horizontal design. Innovative Materials: Swiss banknotes are made from a blend of cotton and paper, making them more durable and wear-resistant. Design Change: The latest series of banknotes, introduced in 2016, stands out for its advanced security features and its focus on aspects such as culture, innovation and Swiss nature. Appreciation: The Swiss franc often strengthens during financial crises, reflecting Switzerland's economic and political stability. Coins: Swiss coins have inscriptions in Latin, rather than German, French, Italian or Romansh, which are the official languages ​​of Switzerland. Low Inflation: Switzerland is known for having an extremely low inflation rate, which contributes to the stability of the Swiss franc. Minimum Parity: Between 2011 and 2015, the Swiss National Bank maintained a minimum exchange rate of 1.20 CHF per euro to prevent excessive appreciation of the franc. Liechtenstein Franc: The Swiss franc is also the official currency of the Principality of Liechtenstein. Reasons to Change Swiss Francs to Euros at the Exchange Office in Torrevieja
Exchanging Swiss francs to euros at the Exchange Office in Torrevieja can be an advantageous decision for several reasons. First, Torrevieja is a city with a considerable influx of European tourists, which can result in competitive exchange rates due to the high demand for euros. In addition, the convenience of carrying out the transaction in a physical location offers the security of receiving the money in hand immediately, without the waiting times associated with bank transfers. Finally, specialized staff at the Exchange Office can offer personalized advice, ensuring a safe and efficient transaction.

EXCHANGE MONEY inaugurates the second exchange house in Torrevieja!

30/07/2024
Come visit us Exchange Casa de Cambio has opened a new office at Calle Orihuela, 34, expanding its presence in the region to offer currency exchange services to an even greater number of residents and tourists. The opening ceremony was attended by the company's CEO, Patrick, who highlighted the importance of this new location to satisfy the growing demand for currency exchange services in Torrevieja. "We are excited to open this new office in such a strategic location as Calle Orihuela. Our mission is to provide fast, safe and convenient service to our clients, and this expansion will allow us to do so more effectively," Patrick commented during the event. The new office promises to offer the same competitive rates and excellent customer service that have characterized Exchange Casa de Cambio since its inception. With this expansion, the company reaffirms its commitment to facilitating monetary transactions and offering accessible financial solutions to the local community and international visitors.   How to get? Recommendations for Visiting Our Office
Documentation: Make sure you bring valid identification to make any transaction.
Planning: If you need to exchange large amounts of money, we recommend you notify us in advance to guarantee currency availability.
Inquiries: Our team is available to answer any questions you may have, whether about rates, currency availability or any other aspect of our service.    

10 Curiosities about the Swedish Crown!

30/07/2024
10 Curiosities about the Swedish Crown
Age: The Swedish krona (SEK) was introduced in 1873, replacing the riksdaler riksmynt. Sweden, Denmark and Norway formed the Scandinavian Monetary Union and adopted the krone as their common currency. Design: The Swedish krona banknotes are adorned with images of Swedish cultural personalities such as Astrid Lindgren and Greta Garbo, as well as landscapes and historical symbols of the country. Security: Swedish Krona is known for its advanced security features. The banknotes incorporate elements such as watermarks, special inks and holograms. Legal tender: The Swedish crown is divided into 100 öre. However, öre coins were discontinued in 2010, and transactions are rounded to the nearest whole number of krona. Global Use: Although it is the official currency of Sweden, the Swedish krona is also used in some commercial transactions in other parts of the world, especially in neighboring Nordic countries and the Åland Islands. Stability: The Swedish krona is known for its economic stability. Sweden has a strong and diversified economy, which helps maintain a stable value for its currency. Low inflation: Sweden has one of the lowest inflation rates in Europe, which contributes to the stability of the value of the Swedish krona over time. Digitalization: Sweden is moving rapidly towards a cashless society. The use of banknotes and coins has decreased significantly, and the country is leading the development of its own digital currency, the e-krona. Conversion to the euro: Although Sweden is a member of the European Union, it decided not to adopt the euro after a referendum in 2003, in which 56% of voters opposed the adoption of the single European currency. Banknote exchange: The Central Bank of Sweden (Riksbank) regularly changes the designs of its banknotes and coins to combat counterfeiting and modernize the money in circulation.     Reasons to change Swedish crowns to euros in Torrevieja
Exchanging Swedish krona to euros at the currency exchange office in Torrevieja is a practical decision for those visiting or residing in the region. The convenience of carrying out transactions in euros, which is the official currency of Spain, facilitates daily purchases, payment for services and other expenses. Additionally, exchanging currency at a trusted exchange office can offer competitive exchange rates and save money compared to using international credit cards that can charge high fees. For Swedish tourists, making this change before your arrival or upon arrival in Torrevieja ensures that you will be able to manage your expenses without problems and fully enjoy your stay in Spain.

10 curiosities about the ZLOTY!

29/07/2024
We present you 10 curiosities about the ZLOTY that you probably didn't know 1. Origin of the Name:
- The term "zloty" means "golden" in Polish and was initially used to refer to gold coins. 2. Ancient History:
- The first currency called the zloty appeared in the 14th century, but it did not become the official currency until 1924. 3. Old Denominations:
- Before the adoption of the modern zloty, Poland used currencies such as the "grosz", which is still used today as a subdivision of the zloty (1 zloty = 100 groszy). 4. Monetary Reform of 1950:
- In 1950, a monetary reform was carried out in Poland to combat inflation, introducing a new zloty that replaced the previous one at a rate of 100:1. 5. Coin and Banknote Designs:
- Current Polish banknotes feature important historical figures, such as Mieszko I and Casimir III the Great. 6. Largest and Smallest Bill:
- The highest denomination banknote is 500 zloty, while the lowest denomination banknote is 10 zloty. 7. Change to the Euro:
- Although Poland has been a member of the European Union since 2004, it has not adopted the euro and continues to use the zloty as its official currency. 8. Zloty symbol:
- The zloty symbol is "zł", and its ISO code is "PLN". 9. Security Innovation:
- Zloty banknotes are designed with advanced security features, including watermarks, security threads and special inks to prevent counterfeiting. 10. Commemorative Coins:
- Poland regularly issues commemorative zloty coins, which are highly collectible and can be made of precious metals such as gold and silver. These aspects show the rich history and cultural and economic importance of the zloty in Poland. So, considering these factors can help you better understand the history behind this coin.            If you plan to travel to Poland, you will need to exchange euros (EUR) for Polish zloty (PLN). Our Exchange Money office offers the best value for your Polish zloty or euro with the best exchange rate. We ensure your transactions are as smooth and easy as possible with our great prices.

10 CURIOSITIES ABOUT THE EURO!

29/07/2024
We present you 10 curiosities about the Euro that you probably didn't know Birth of the Euro: The euro was introduced as official currency in 11 European Union countries on January 1, 1999 for electronic transactions and in 2002 as physical currency.
Ticket Design: Euro banknotes have a common design for all countries, with European architectural motifs (doors, windows and bridges), symbolizing openness and cooperation.
Coins with National Identity: Although euro coins have a common side, the other side features a national design, allowing you to recognize which country each coin comes from.
Extended Use: The euro is the second most used currency in the world after the US dollar. It is the official currency of 19 of the 27 EU member states, known collectively as the euro zone.
Euro symbol: The euro symbol (€) is derived from the Greek letter epsilon (Є), referring to the cradle of European civilization and the first letter of the word "Europe". The two parallel lines represent stability.
Collection Coins: Some euro zone countries issue commemorative 2 euro coins with special designs, which are valid in all countries that use the euro.
High security: Euro banknotes are equipped with multiple security features such as watermarks, special inks and holograms, to prevent counterfeiting.
The ECB and the Euro: The European Central Bank (ECB) is the institution in charge of managing the euro and the monetary policy of the euro zone.
Durable Tickets: Euro banknotes are made from cotton fibre, making them more durable and wear-resistant compared to paper banknotes.
Historical Change: When the euro was introduced, many traditional national currencies, such as the German mark, French franc, and Italian lira, were withdrawn from circulation. This change represented a major economic and cultural adjustment for many Europeans.
These curiosities reflect the importance and impact of the euro both in the economy and in the daily lives of millions of people in Europe and around the world.

10 Curiosities about the Pound Sterling!

29/07/2024
  10 Curiosities about the Pound Sterling
Oldest currency in the world: The pound sterling is the oldest currency in continuous use in the world, with more than 1,200 years of history. Origin of the name: The term "sterling" comes from the word "sterling", which refers to the high-quality silver used in English coins. Traditional divisions: Before decimalisation in 1971, a pound was divided into 20 shillings, and each shilling into 12 pence, making 240 pence per pound. £ Symbol: The £ symbol comes from the letter "L" of the Latin word "libra", which means pound, the unit of weight. Polymer banknotes: Since 2016, the Bank of England has been issuing polymer banknotes, which are more durable and secure than traditional paper banknotes. Gold Reserve: Although no longer backed by gold, the pound sterling was once part of the gold standard system, which meant it could be exchanged for a specific amount of gold. United Kingdom Currency: The pound sterling is the official currency of the United Kingdom, as well as its overseas territories and Crown dependencies such as Jersey, Guernsey and the Isle of Man. Bank of England: Founded in 1694, the Bank of England is the central bank that issues the pound sterling and is one of the oldest financial institutions in the world. Not just banknotes and coins: The pound sterling also exists in electronic forms, being widely used in digital transactions and credit and debit cards. Global Popularity: The British pound is one of the world's major reserve currencies, along with the US dollar, euro and Japanese yen. Exchange from Pounds Sterling to Euros at the Torrevieja Exchange Office
Exchanging pounds sterling into euros at an exchange office such as Exchange Torrevieja is a convenient and practical option for residents and tourists in the region. Local exchange offices usually offer competitive rates and the advantage of avoiding the commissions that banks often impose. In addition, doing it in a physical office allows you to receive personalized advice and the possibility of negotiating better rates if a significant amount of money is exchanged. For those who plan to travel to countries in the euro zone or simply prefer to manage their finances in euros, making the change in Torrevieja guarantees a smoother and smoother transition.    

10 Curiosities about the US Dollar!

29/07/2024
10 Curiosities about the US Dollar
Origin of the Symbol ($): The dollar symbol ($) comes from a simplification of "peso", an ancient Spanish currency that was used in North America. The 'S' represented the word and the two vertical lines were a symbol of stability. Bill Design: The dollar bill design includes several security features such as microprints, security threads, and color-changing ink to prevent counterfeiting. Large Denomination Bills: Although rarely seen, there are bills of 500, 1,000, 5,000 and 10,000 dollars. There is even a $100,000 bill that was used exclusively for transactions between Federal Reserve banks. The Pyramid and the All-Seeing Eye: The dollar bill has a pyramid with an eye on top. This symbol, known as the "Eye of Providence", represents divine surveillance over the nation. Life Span: Dollar bills have different life spans. A $1 bill typically lasts about 6.6 years in circulation, while a $100 bill can last up to 15 years. 'In God We Trust': The motto "In God We Trust" was officially added to the dollar bill in 1957 during the Cold War to highlight American values ​​in contrast to the atheism of Soviet communism. Production Facilities: All dollar bills are printed at two Bureau of Engraving and Printing facilities, one in Washington, D.C., and the other in Fort Worth, Texas. Dollar Coins: Although bills are more common, one-dollar coins also exist, including the Sacagawea and United States Presidents series. Standard Size: All dollar bills, regardless of their denomination, are the same size, which is not common in all currencies worldwide. International Distribution: An estimated two-thirds of $100 bills are found outside the United States, highlighting their global use as a reserve currency and secure transaction. Why Change Dollars to Euros at the Torrevieja Exchange Office?
Changing dollars to euros at the exchange office in Torrevieja offers several advantages. First, the local office provides competitive and up-to-date exchange rates, ensuring you get the best possible value for your money. Furthermore, by doing so in Torrevieja, you can avoid the additional charges that international banks and ATMs often apply. The office also offers a personalized service and can answer any questions or concerns you have about the exchange process, ensuring a safe and hassle-free transaction.     https://moneychange.es/   Fuente: europound.es

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