I have either Kuwaiti Dinar (1 KD = 2,83€) or Omani Rial (1 OMR = 2,25€) in which both are of high value. However will money changers in Europe accept that for Euros. For example: the highest bill from Oman is 50 Rials (112€) & from Kuwait is 20 KD (56€).
Of course, currencies from the Gulf are petro states (like Kuwait) have higher exchange rates. Should I bring those currencies into Europe or convert it (for USD) prior to travel? Also, will I be able to bring 6000 KD (16,960€) in cash?
Why do you want to bring 17k € in cash? That raises all sorts of eyebrows.
Is it not feasible to pay with credit card/debit card? I remember the last time i was outside Europe i could just withdraw local currency as needed at ATMs. It would just subtract the converted amount in € off my account.
Anyway, i am pretty sure you need to declare that much cash when entering.
tldr: Exchange first, bring less cash.
You can bring that much and generally have to declare bringing in any amount of cash over 10,000 euros into the EU.
I’ve been traveling 15 years and find that currency exchange heavily depends on your currency and local facility of exchange, so:
i have no doubt you’ll be able to find a money changer that can exchange rial and dinar, but since they’re not as popular as other dominant currencies at the moment, it is worth checking prices in your area before you go.
If you can find a place that exchanges under 5% nominal exchange rate, there’s a good likelihood that’s a better exchange rate than you’ll find upon arrival in the EU.
There’s not a lot of places accepting those currencies. Either take a European currency or US$.
But better to not take cash at all, especially that much. You have to declare it etc. Just pay by card and use ATMs if you really need cash.
