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Each Euro costs $1.1423 + whatever your bank or money exchanger tacks onto the cost, usually about 1 1/2%, if you buy in quantity like 5,000 Euros. So Friday one Euro would cost a minimum of $1.16.
You mentioned the bank you called offered to give you $1.02 for each Euro. It doesn't mean that you would pay $1.02 per Euro - it means you would only receive $1.02 for each Euro you sell instead of the official rate of $1.14.
In my experience airports and hotels are the worst places to exchange money.
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Re: Where to convert currency in the US?
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