Where to exchange money in Shanghai
If you’re planning a trip to Shanghai, 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 Shanghai. 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 Shanghai
If you’re planning a trip to Shanghai, 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 Shanghai. 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 Shanghai
If you have a need to use cash, here are some recommendations to exchange foreign currency in Shanghai.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
| Money Changer | Address | Contact Information |
|---|---|---|
| SPDB Currency Exchange Machine | China, Shang Hai Shi, Huang Pu Qu, CN 上海市 黄浦区 江西中路 180 180号锦江都城经典酒店上海新城外滩酒店G层 邮政编码: 200002 | |
| Geoswift Currency Exchange | 123 Jiu Jiao Chang Lu, 四牌楼 Huang Pu Qu, Shang Hai Shi, China, 200010 | |
| China Exchange Exchange Center | 15 Zhong Shan Dong Yi Lu, Waitan, Huang Pu Qu, Shang Hai Shi, China, 200002 | |
| Bank of China Currency Exch. Mach. | Shang Hai Li Yuan Guo Ji Da Jiu Dian, 1层255 Dong An Lu, 255, Xu Hui Qu, Shang Hai Shi, China, 200032 | |
| Boc Currency Exchange Machine | China, Shang Hai Shi, Jing An Qu, 285, Tian Mu Xi Lu, 285号上海广场号1层长城假日酒店 邮政编码: 200071 | |
| SPDB Currency Exchange Machine | China, Shang Hai Shi, Jing An Qu, 330, Mei Yuan Lu, 330号1层铂尔曼酒店 邮政编码: 200071 | |
| Boc Currency Exch. Mach. | China, Shang Hai Shi, Jing An Qu, CN 上海市 静安区 乌鲁木齐北路 505 505号上海宾馆G层 邮政编码: 200031 | |
| SPDB Currency Exchange Machine | China, Shang Hai Shi, Jing An Qu, 500, Wei Hai Lu, 500号1层上海四季酒店 邮政编码: 200041 | |
| Bank of China Currency Exch. Mach. | China, Shang Hai Shi, Jing An Qu, 1008, Bei Jing Xi Lu, 1008号1F 邮政编码: 200041 | |
| Bank of China Currency Exch. Mach. | China, Shang Hai Shi, Huang Pu Qu, 1层 CN 上海市 黄浦区 中山南路 36 36号滨江欣景大酒店 邮政编码: 200010 | |
| Bank of China Currency Exch. Mach. | China, Shang Hai Shi, Jing An Qu, 818, Wan Hang Du Lu, 818号1层吉臣酒店 邮政编码: 200042 | |
| Bank of China Currency Exch. Mach. | Jin Jiang Fan Dian - Jin Nan Lou, 1层59 Mao Ming Nan Lu, 59, Huang Pu Qu, Shang Hai Shi, China, 200041 | |
| SPDB Currency Exchange Machine | China, Shang Hai Shi, Chang Ning Qu, 1楼 CN 上海市 长宁区 番禺路 400 400号上海银星皇冠假日酒店银星楼 邮政编码: 200031 | |
| SPDB Currency Exchange Machine | China, Shang Hai Shi, Jing An Qu, 1738, Zhong Xing Lu, 1738号1层上海北方智选假日酒店 邮政编码: 200071 | |
| Boc Currency Exchange Machine | China, Shang Hai Shi, Huang Pu Qu, 88, Yong Shou Lu, 88号1层新黄浦酒店公寓 邮政编码: 200003 | |
| SPDB Currency Exchange Machine | China, Shang Hai Shi, Huang Pu Qu, 88, He Nan Zhong Lu, 88号1层上海威斯汀大饭店 邮政编码: 200002 | |
| SPDB Currency Exchange Machine | China, Shang Hai Shi, Huang Pu Qu, 15, Da Pu Lu, 15号1层上海斯格威铂尔曼大酒店 邮政编码: 200023 | |
| SPDB Currency Exchange Machine | China, Shang Hai Shi, Pu Tuo Qu, 50, Tong Chuan Lu, 50号1楼上海明捷万丽酒店 邮政编码: 200333 | |
| SPDB Currency Exchange Machine | China, Shang Hai Shi, Chang Ning Qu, 1层 CN 上海市 长宁区 延安西路 1116 1116号上海龙之梦大酒店 邮政编码: 200031 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Chinese yuan rmb rate today
When you're in Shanghai, and also the rest of China, the official currency is the Chinese yuan rmb.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Chinese yuan rmb is CNY, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Shanghai
Before exchanging money in Shanghai 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 China 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 China 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 Chinese yuan rmb for a fairer rate and avoid undisclosed exchange rates and additional fees.
Currency exchange bureau who?
Forget all about walking around the city in search for fair exchange rates for a low fee.
With a Wise Account you can access over 70 currencies wherever you are - and all with a single card.
And what's even better, at the mid-market exchange rate. Low fees and fair rates all around the world, that's the Wise way!
Get started today
Other currency exchanges
Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in Shanghai. If you'd like more options, try searching on a search engine like Google.
Finally, don't forget to check out Wise - The digital alternative to exchanging and spending cash abroad.
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.