Where to exchange money in Morelia
If you’re planning a trip to Morelia, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Morelia. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Morelia
If you’re planning a trip to Morelia, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Morelia. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Spend abroad without hidden fees
Currency exchanges in Morelia
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Morelia.
One reminder, though: there’s no such thing as fee-free or 0% commission foreign exchange transactions. So, always check the mid-market exchange rate in advance, so you know how much your money’s worth.
| Money Changer | Address | Contact Information |
|---|---|---|
| Centro de Cambio de Moneda Divisas Morelia | Av Morelos Nte 51, Centro histórico de Morelia, 58000 Morelia, Mich., Mexico | +52 443 312 0807 |
| Order Express Casa de Cambio S.A. de C.V. Actividad Auxiliar del Crédito | Servicentro. Américas, Artilleros de 1847 # 1520-L.6, Chapultepec, 58260 Morelia, Mich., Mexico | +52 443 315 7494 |
| Imperial House Exchange | Av Morelos Nte 348, Centro histórico de Morelia, 58000 Morelia, Mich., Mexico | +52 443 333 9405 |
| Sociedad Cambiaria de Morelia | Av Acueducto 3567, Pascual Ortiz de Ayala, 58250 Morelia, Mich., Mexico | +52 443 324 6431 |
| Cambio De Dolares | Benedicto López 72, Ventura Puente, 58020 Morelia, Mich., Mexico | |
| Centro Cambiario Multidivisas del Centro S.A. de C.V. | Virgo 224, Int. A, Cosmos, 58050 Morelia, Mich., Mexico | +52 443 334 5346 |
| Endicon Centro Cambiario | Av Francisco I. Madero Ote 2078, Vasco de Quiroga, 58230 Morelia, Mich., Mexico | +52 443 324 4437 |
| Cambios Mil Cumbres Sa De Cv | Av Acueducto 3567, Pascual Ortiz de Ayala, 58250 Morelia, Mich., Mexico | |
| Western Union | Av Francisco I. Madero Ote 524, Centro, 58000 Morelia, Mich., Mexico | +52 55 1720 8177 |
| CIBanco Morelia Centro | Guillermo Prieto 48, Centro histórico de Morelia, 58000 Morelia, Mich., Mexico | +52 443 313 4538 |
| Sociedad Cambiaria de Morelia | Av. Lic. Enrique Ramírez Miguel 676, Chapultepec Oriente, 58260 Morelia, Mich., Mexico | +52 443 333 2515 |
| Centro Cambiario La Mexicana S.A. | C. Vicente Sta. María 707, Ventura Puente, 58020 Morelia, Mich., Mexico | |
| Endicon Centro Cambiarío S.A. de C.V. | Av Francisco I. Madero Pte 1250, Molino de Parras, 58010 Morelia, Mich., Mexico | +52 443 324 4437 |
| "Centro Cambiario" La Mexicana S.A. | Plan de Ayala 621, Centro histórico de Morelia, 58000 Morelia, Mich., Mexico | |
| Centro Cambiario Brandon | Av Francisco I. Madero Pte 1541, Bocanegra, 58150 Morelia, Mich., Mexico | |
| Casa de Cambio Razo | Benedicto López 71, Centro histórico de Morelia, 58020 Morelia, Mich., Mexico | |
| CENTRO CAMBIARIO UNIVERSUS S.A DE C.V | Perif. Paseo de la República 2005-1, Camelinas, 58290 Morelia, Mich., Mexico | +52 443 314 4345 |
| Dolares Centro Cambiario Santuario | C. Vicente Sta. María 900, Ventura Puente, 58020 Morelia, Mich., Mexico | |
| Sociedad Cambiaria de Morelia Centro Cambiario | Av Francisco I. Madero Pte 1250, Molino de Parras, 58010 Morelia, Mich., Mexico | +52 443 225 5593 |
| MoneyGram | C. Vicente Sta. María 700, mc, 58000 Morelia, Mich., Mexico | +52 55 1720 8141 |
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Mexican peso rate today
The accepted currency in Morelia and across Mexico is the Mexican peso.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the Mexican peso is MXN. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Morelia
When exchanging money in Morelia or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Mexico long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in Mexico banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Mexican pesos for a fairer rate and fees. The same applies if you get the option on card machines.
Say goodbye to overcomplicated currency exchange
Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Morelia. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.