Question: While you originally had $1,700.00 before your initial exchange for euros, when you converted back to dollars you ended up with only $1,615.00. Because of

While you originally had $1,700.00 before your initial exchange for euros, when you converted back to dollars you ended up with only $1,615.00.

Because of the bid/ask spread, you have $less than when you started. In percentage terms, this is equivalent toless than when you started.

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