The Runaway Guide

Run Away & Travel The World

Duration On The Road:

6106 days

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86

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Stockholm
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How to Change Money on the Black Market

March 16, 2012 by The Runaway Guide 6 Comments

stack of benjamins, one hundred dollar bills

When a countries currency is overvalued, it leads to a much lower exchange rate for the foreign buyer. For example, if the world market price of 1$ equals 5 Sudanese pounds but the government sets the official exchange at 2.7 pounds, you are effectively robbed of 2.3 pounds. That’s nearly 50%! And national banks and […]

Filed Under: Budget Travel Tagged: black market, sudan, venezuela

Who Is The Runaway Guide?

When I was 16 I ran away from home and traveled the world with nothing but the clothes on my back. Over 10 years later and I'm still "on the run," surviving in style, thriving off adventure, searching for that elusive road to enlightenment, and cultivating the life of travel that I want to live. More...

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Nov 4th - Nov 12th, 2019

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