8 Currency Exchange Tips to Get the Best Rates and Save Money

5. Time Your Exchange — Avoid Weekends

When you buy currency can affect the rate you receive. Forex markets close on weekends, and some providers widen margins over those periods to cover market uncertainty. Research highlights that weekend exchanges sometimes carry higher dealer markups. For many trips, exchanging on a weekday—ideally one to two weeks before departure—gets better rates and avoids rushed premiums. If you watch live rates, set an alert so you can buy when the currency moves in your favour within your travel window. For larger sums you might consider staggered buys: purchase portions over a few days to average out small swings rather than trying to time a single “perfect” moment. Keep in mind that urgent, last-minute purchases often cost more, so planning ahead reduces both price and stress. This timing tactic pairs well with pre-ordering from your bank or locking rates on certain prepaid travel card products when available.