Foreign Exchange Guide to Caribbean Netherlands

United States Dollar (USD) in the markets

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

For more USD bank forecasts and cross-rate trends read the report USD trends and forecasts.

For more details read the full article United States Dollar Forecasts.

The interactive chart below shows the USD to EUR exchange rate and trend for the previous 3 months:

Sending money to Caribbean Netherlands

When searching around for information on how to get a good exchange rate when sending money to Caribbean Netherlands you need to start with finding out the latest United States Dollar foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).

Get a better deal for foreign transfers to Caribbean Netherlands

When sending money to Caribbean Netherlands it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

1. Open an account with a BER reviewed FX provider (id docs may be required)
2. You specify the local or United States Dollar amount you want to transfer
3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
4. Once your funds are received by the provider the converted USD amount will be transfered to the recipient account you specify in Caribbean Netherlands.

Use our Send to USD calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more United States Dollar deposited into the recipient bank account and less margins and fees kept by the banks!