|
Forums39
Topics39,687
Posts321,978
Members26,703
| |
Most Online4,031
Dec 15th, 2024
|
|
|
Posts: 272
Joined: December 2005
|
|
|
3 members (michaelj, SANFILIP, 1 invisible),
1,178
guests, and
81
robots. |
|
Key:
Admin,
Global Mod,
Mod
|
|
|
|
Joined: Jul 2013
Posts: 837
Traveler
|
OP
Traveler
Joined: Jul 2013
Posts: 837 |
Carrefour market posted on their facebook page that they are offering 1 € = 1.25 US$. This is a great exchange, so anyone on island might want to go to an ATM and withdraw Euros as the bank rate is 1 € = 1.12 US$ and then use those Euros to shop at Carrefour. They did not say how long they are offering this exchange.
|
|
|
 .
|
|
|
|
Joined: May 2008
Posts: 728 Likes: 4
Traveler
|
|
Traveler
Joined: May 2008
Posts: 728 Likes: 4 |
|
|
|
|
|
Joined: Dec 2004
Posts: 5,134 Likes: 3
Traveler
|
|
Traveler
Joined: Dec 2004
Posts: 5,134 Likes: 3 |
Great idea if you are into losing around 10% every time you shop there....
|
|
|
|
|
Joined: Jul 2013
Posts: 837
Traveler
|
|
OP
Traveler
Joined: Jul 2013
Posts: 837 |
You would be saving approx $13. €100 = US$112 approximately. Take that €100 and they'll credit you US$125.
|
|
|
|
|
Joined: Feb 2007
Posts: 4,647 Likes: 4
Traveler
|
|
Traveler
Joined: Feb 2007
Posts: 4,647 Likes: 4 |
Wow and I thought I was math deficient!
|
|
|
|
|
Joined: Dec 2004
Posts: 5,134 Likes: 3
Traveler
|
|
Traveler
Joined: Dec 2004
Posts: 5,134 Likes: 3 |
I get where you are coming from but one euro equals one euro......USD rate has nothing to do with that unless you pay in USD...so the $1.25 /Euro is a crap rate yes....I agree ...but you make it sound like a deal....
..or you could just use a CC and tell them to charge in Euro....or just go to the Cole Bay store and pay in dollars
Now that I think about it aren't the Carrefour stores all on the Dutch side. Why in the world would you get euro to shop there....if you do then getting Euro loses you a tad over 10% on every purchase...
Last edited by boucharda; 07/20/2019 07:33 AM.
|
|
|
|
|
Joined: Aug 2000
Posts: 84,075 Likes: 7
Traveler
|
|
Traveler
Joined: Aug 2000
Posts: 84,075 Likes: 7 |
I'm no mathematician, but I think your reasoning is backwards. And regardless, yes they are on the Dutch side.
Super U WAS giving 1 to 1. Not sure if they are still doing that or not, but now THAT is a good deal..
Carol Hill
|
|
|
|
|
Joined: May 2002
Posts: 5,554 Likes: 5
Traveler
|
|
Traveler
Joined: May 2002
Posts: 5,554 Likes: 5 |
Super U yes , still the same.
|
|
|
|
|
Joined: Aug 2000
Posts: 84,075 Likes: 7
Traveler
|
|
Traveler
Joined: Aug 2000
Posts: 84,075 Likes: 7 |
If Super U is still doing 1 for 1, I guess Carrefour is trying to attract French customers? That is what makes sense to me. The official currency on the Dutch side is Guilders, which is specifically pegged to the Dollar. So I think they are trying to attract French customers, as if you are paying with Dollars, then you don't care what the Euro exchange is.
Last edited by Carol_Hill; 07/20/2019 08:23 AM.
Carol Hill
|
|
|
|
|
Joined: May 2002
Posts: 5,554 Likes: 5
Traveler
|
|
Traveler
Joined: May 2002
Posts: 5,554 Likes: 5 |
Carrefour is actually partly French owned.
|
|
|
|
|
Joined: Mar 2009
Posts: 19,619 Likes: 12
Traveler
|
|
Traveler
Joined: Mar 2009
Posts: 19,619 Likes: 12 |
Not for me. I'll stick with US dollars or credit card for an even exchange on the Dutch side. Math is a pretty simple think.
|
|
|
|
|
Joined: Mar 2009
Posts: 19,619 Likes: 12
Traveler
|
|
Traveler
Joined: Mar 2009
Posts: 19,619 Likes: 12 |
|
|
|
|
|
Joined: Dec 2004
Posts: 5,134 Likes: 3
Traveler
|
|
Traveler
Joined: Dec 2004
Posts: 5,134 Likes: 3 |
Carrefour is actually partly French owned. Yup...just got back from the Carrefour on Rue Buci in Paris with my significant quantity of wine and 1664 beer.....
|
|
|
|
|
Joined: May 2007
Posts: 1,224 Likes: 1
Traveler
|
|
Traveler
Joined: May 2007
Posts: 1,224 Likes: 1 |
Went today to the recently reopened Carrefour in Cole Bay. Very nice store with reasonable prices. Will likely be our go to store when staying in the Simpson Bay/Maho area. Will still go to Super U in Marigot for great selection and prices on French wines.
|
|
|
|
|
Joined: Feb 2007
Posts: 4,647 Likes: 4
Traveler
|
|
Traveler
Joined: Feb 2007
Posts: 4,647 Likes: 4 |
Super U fills our needs at less money.
|
|
|
|
|
Joined: May 2002
Posts: 5,554 Likes: 5
Traveler
|
|
Traveler
Joined: May 2002
Posts: 5,554 Likes: 5 |
Yes Super U does have some very good prices.
|
|
|
|
|
Joined: Jul 2013
Posts: 837
Traveler
|
|
OP
Traveler
Joined: Jul 2013
Posts: 837 |
My math isn't backwards. You are going to pay $112 for Euros that Carrefour is going to credit you for $125. So you buy $125 worth of groceries are Carrefour. You could either give them $125 USD or €100 (that cost $112 USD). You would save $13
|
|
|
|
|
Joined: Dec 2004
Posts: 5,134 Likes: 3
Traveler
|
|
Traveler
Joined: Dec 2004
Posts: 5,134 Likes: 3 |
Ok...usually the rate posted at most places is for the cost of the euro products (10 euro product COSTS $11.30- $12 or so) This is a promo where one euro is WORTH $1.25 so the OP is correct.....$113 (100 euro) gets you $125 worth of goods (priced in dollars) Good job sticking to your guns..... From the Carrefour ad: Carrefour Market, Sint Maarten
July 19 at 6:40 PM ·
Got Euros? Take advantage of our special exchange rate for Euros!
1 € = 1.25 US$
|
|
|
|
|
Joined: Aug 2000
Posts: 84,075 Likes: 7
Traveler
|
|
Traveler
Joined: Aug 2000
Posts: 84,075 Likes: 7 |
Still only makes sense if you already have Euros? Don't most ATMs charge like $5 per transaction? And then is there also a foreign exchange fee, if you get money in Euros?
Carol Hill
|
|
|
|
|
Joined: Dec 2004
Posts: 5,134 Likes: 3
Traveler
|
|
Traveler
Joined: Dec 2004
Posts: 5,134 Likes: 3 |
Depends on your card I guess. My Schwab ATM card reimburses all ATM fees everywhere and has no foreign exchange fees.....
|
|
|
|
|
Joined: Aug 2000
Posts: 84,075 Likes: 7
Traveler
|
|
Traveler
Joined: Aug 2000
Posts: 84,075 Likes: 7 |
I'm sure ours charges. Regardless, I think it's too much trouble, unless you already have Euros.
Carol Hill
|
|
|
|
|
Joined: Mar 2009
Posts: 19,619 Likes: 12
Traveler
|
|
Traveler
Joined: Mar 2009
Posts: 19,619 Likes: 12 |
|
|
|
|
|
Joined: Jul 2013
Posts: 837
Traveler
|
|
OP
Traveler
Joined: Jul 2013
Posts: 837 |
Still only makes sense if you already have Euros? Don't most ATMs charge like $5 per transaction? And then is there also a foreign exchange fee, if you get money in Euros? Not necessarily. Crédit Mutuel has ATMs in Marigot and Hope Estate and they do not charge a fee to use them. They will let you withdraw USD or Euros. Only charge would come from your financial institution if they charge you to use another ATM. When you withdraw Euros the exchange they give you is pretty close to the current bank rate.
|
|
|
|
|
Joined: Aug 2000
Posts: 84,075 Likes: 7
Traveler
|
|
Traveler
Joined: Aug 2000
Posts: 84,075 Likes: 7 |
OK I will agree to disagree with you on this whole thing.
Carol Hill
|
|
|
|
|
Joined: Aug 2000
Posts: 2,666
Traveler
|
|
Traveler
Joined: Aug 2000
Posts: 2,666 |
I want to disagree also! LOL
|
|
|
|
|
Joined: Apr 2006
Posts: 1,766
Traveler
|
|
Traveler
Joined: Apr 2006
Posts: 1,766 |
I get that Getting a Deal is important to some, but It seems a lot of work for someone on the island only a week or two? How much are you spending on grocery and beverage?
|
|
|
|
|
.
