Can I choose the currency that I want to pay in?

Both the prices for stays and the currency that is used for payment of the place is determined by the host. Therefore it is possible that in regards to bookings in other countries (for example the US) there are due to exchange rate fluctuations small differences between the displayed booking price on the homepage (in Euros) and the actual debit (depending on the current exchange rate between the Euro and Dollar). 
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