Where to exchange money in Punta Arenas
Are you heading to Punta Arenas? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Punta Arenas that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Where to exchange money in Punta Arenas
Are you heading to Punta Arenas? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Punta Arenas that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Spend abroad without hidden fees
Currency exchanges in Punta Arenas
We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Punta Arenas below.
Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.
| Money Changer | Address | Contact Information |
|---|---|---|
| La Hermandad Cambios | Av. Pdte. Eduardo Frei Montalva, Punta Arenas, Magallanes y la Antártica Chilena, Chile | |
| Cambio Punta Arenas | Pdte. Julio A.Roca 953, 6200000 Punta Arenas, Magallanes y la Antártica Chilena, Chile | +56 9 9958 4856 |
| Cambios Opitz | C. Lautaro Navarro 1070, 6200000 Magallanes, Punta Arenas, Magallanes y la Antártica Chilena, Chile | +56 61 224 6216 |
| Sur Cambio | C. Lautaro Navarro 1001, 6201024 Punta Arenas, Magallanes y la Antártica Chilena, Chile | +56 61 271 0314 |
| BancoEstado Express | Hernando de Magallanes 910, 6200790 Punta Arenas, Magallanes y la Antártica Chilena, Chile | +56 600 200 0011 |
| Western Union | Pje. Mejicana 654, 6212779 Magallanes, Punta Arenas, Magallanes y la Antártica Chilena, Chile | +56 61 224 7662 |
| Western Union | José Menéndez 813, Punta Arenas, Magallanes y la Antártica Chilena, Chile | +56 600 200 0102 |
| La Hermandad Compra Y Venta De Valores Ltda | C. Lautaro Navarro 1099, Punta Arenas, Magallanes y la Antártica Chilena, Chile | |
| Ria Money Transfer - Starken | Av. España 01375, 6201020 Punta Arenas, Magallanes y la Antártica Chilena, Chile | +56 600 586 7777 |
| MoneyGram | Gobernador Carlos Bories 911, 5609001 Punta Arenas, Magallanes y la Antártica Chilena, Chile | +56 600 950 2020 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Chilean peso rate today
The accepted currency in Punta Arenas and across Chile is the Chilean peso.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the Chilean peso is CLP. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Punta Arenas
Before exchanging money in Punta Arenas or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in Chile for long-term stays or substantial investments like buying property or cars.
1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.
2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.
4. Use ATMs strategically
Check if your home bank has partnerships in Chile banks to avoid extra ATM fees, and inform your bank before traveling.
5. Opt for local currency
When using an ATM abroad, choose to be charged in Chilean pesos for a fairer rate and avoid undisclosed exchange rates and additional fees.
Money exchange at the tip of your fingers
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With a Wise account you can exchange currency at any time, almost everywhere in the world.
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Punta Arenas. 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.