Going abroad and confused about the foreign exchange aspect? Relax, it happens to the best of us. When we travel abroad there are a number of things that we need to look into so that we can make the most of the time and money that we spend there. Yet, foreign exchange is one factor where many people get stumped. There are so many options and it may get a tad bit overwhelming about which one to take, especially if you are not very good with numbers and instant conversions. So here are all the options for foreign exchange and currency. Take a look at the pros and cons of each one so that you can zero in on the best option for yourself! Converted currency : When you travel abroad, you will have to consider the country you are traveling to so that you know whether or not they use as much plastic money as countries like US would ideally use. Starting from a taxi to street food and flea market shopping, there are many places where credit and debit cards may not be accepted. So the best thing to do in such cases is to have some local currency in hand.