xe.com (XE Currency Converter)

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The Cash Converters
A review by utero on xe.com (XE Currency Converter)
July 6th, 2004


Author's product rating:   xe.com (XE Currency Converter) - rated by utero

Presentation/navigation of site Good 
Reliablility/speed of site Excellent 
Quality of content Good 
Range of products/services offered Good 
Competitiveness of charges Not Applicable 

Advantages: Easy Conversion, Easy to use
Disadvantages: Not much else to the site

Recommend to potential buyers: yes 

Full review
When you shop online as much as I do then you need to know what you’re paying. Obviously UK sites have the price plain and simple. However there is more money to be saved by buying abroad. Exchanges rates always differ from day to day so you always need a quick and easy conversion to find out whether that DVD you’re buying from the USA is actually cheaper.

With this in mind I always use the XE currency converter website. One of the reasons is that it’s updated every few minutes to cope with any sudden market changes. But the main reason is that its web address is incredibly easy to remember. Anyone who can’t remember XE.com will probably have goldfish style memory.

The site itself is simple and well laid out. All you have to do is enter the amount you’re going to need converting. You then select the conversion you want from a drop down menu. Click the button and you’re given a conversion of what you’ll be looking at paying in your own currency. It’s also handy for figuring out if the item you’re buying will be below the £18 customs limit. It’s worth bearing in mind that currency conversions will not always be the exact price you’ll pay. Banks normally figure in a percentage when doing a conversion and charging it to your credit card. There’s also bound to be a time difference from when you do the conversion to when your card is actually charged. This depends on the site and the when it charges for items.

The XE site covers all currencies that you may require. The most common currencies are all catered for in the drop down menus on conversion. Thankfully the site gives you option to select more currencies if they’re not initially offered.

Aside from the converter there’s not a huge amount else the site offers but then the majority of people will be visiting for only one thing. However if you’re financially inclined then there are currency charts which track the historical state of say the dollar against the pound. These charts are easily searchable and easy to understand. There’s also a news section offering all the latest in currency affairs. Website builders mat also appreciate the free tools that you can integrate into your site for currency conversion. I’m not into this so can’t really comment on the ease of use.

XE.com is one of the best converters on the web simply because it does it’s job and nothing more.
 

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