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- Difficulty in understanding and predicting currency fluctuations
- High transaction fees charged by banks and other financial institutions
- Delays in processing international payments
- Lack of transparency in exchange rates
- Limited options for exchanging currencies in remote locations
- Risk of fraud or scams in online currency exchange platforms
- Complicated regulatory requirements for foreign exchange transactions
- Inconvenient operating hours for exchanging currencies at banks or exchange offices
- Language barriers when communicating with foreign exchange service providers
- Limited availability of certain currencies in exchange offices