Best Place to Buy US Dollars in Ireland

Best Place to Buy US Dollars in Ireland 

The Euro to US Dollar exchange rate changes every day – but by comparing the exchange rates offered on a specific day we can get a pretty accurate indicator of where is probably the best place to buy your US Dollars currency in Ireland before you travel to the USA.

Not many people are travelling at the moment because of Covid-19 .

If you need to do bank transfers of  larger amounts of currency (Euros to Dollars  etc ) you should read our article on How To Transfer Money Between Ireland and the USA  

Buying US Dollars

We compared the cost in Euros of buying  $850 US Dollars cash on February 17th 2020 .  We did the comparison using the exchange rates published on the websites of selected banks and currency exchange companies.

At they were quoting a price of €805.69 for $850 Dollars. Customers can reserve currency online for collection and pay for it when they pick it up. But- only have 2 pick up locations in central Dublin, they do not deliver.

The next best deal we found for buying US Dollars from the five we checked – was from No1 Currency where it would cost you €808.37 to get $850 USD . They deliver the cash to your home for free as long as your order is worth €750. Delivery is €9.95 on smaller orders.
Home delivery is fully insured – and can be much more convenient than having to pick up the currency.

The worst price we found was from  ICE – which was  €824.36 for pickup at Dublin Airport.

The full list is shown below for the cost of $850 USD  €805.69
No1 Currency   €808.37 (Free Home delivery included)
An Post €808.91
BOI  €811.02 (includes €2.50 fee) €834.15

We did a similar comparison for The Best place to buy Sterling in Ireland

Alternatives to Bringing Cash To USA

One other option to consider for spending whilst abroad is the N26 Bank Account.  It is an “online only” bank account based in Germany but authorised by the Central Bank of Ireland to operate here. You will need a smartphone to open the account.   The N26 Mastercard debit card has no fees or extra charges when used to make purchases in non Euro currencies  – and the exchange rate will be as good as any other Mastercard debit card.

Revolut is another digital payment provider (not a bank)  that has a fee-free debit card for spending in foreign currencies.  It also allows you to have a UK Sterling account and a Euro account. Revolut is available in Ireland See a Comparison of Revolut and N26 here

Using an ATM in the USA  to withdraw dollars using an Irish debit card is another option – but it can work out a bit more costly. Avoid taking out small amounts at ATMs  – because the charges can  be high. See our page about ATM Charges Overseas

For larger currency transfers   you should read our article on where to get the  Best US Dollar  Exchange Rates

Also take a look at Money Saving Tips for Visiting New York