Where to exchange money in Taif
Are you heading to Taif? 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 Taif 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 Taif
Are you heading to Taif? 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 Taif 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 Taif
If you have a need to use cash, here are some recommendations to exchange foreign currency in Taif.
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 |
|---|---|---|
| Ben Ya'ala Taif | حي، Shubra St, Shubra, At Taif 26522, Saudi Arabia | +966 800 111 1008 |
| Fawri | 7CH6+2H, Al Aziziyyah, Taif 26522, Saudi Arabia | +966 800 126 7777 |
| TeleMoney anb | تلي موني العربي | 7CG5+3Q, King Faisal Rd, 4968, At Taif 26522, Saudi Arabia | +966 800 754 0022 |
| تحويل الراجحي | IRPORT, Al Hawiyah, At Taif 26575, Saudi Arabia | +966 9200 03344 |
| Western Union | Western And Southern Region, Al Rabi, At Taif 26513, Saudi Arabia | +966 12 742 6118 |
| Tahweel Al Rajhi | 7C26+JJ4, Shehar, Shihar, At Taif 26513, Saudi Arabia | +966 9200 00084 |
| Western Union | Western And Southern Region, Al Aziziyyah, At Taif 26522, Saudi Arabia | +966 12 734 3800 |
| ENJAZ BARHAT AL GAZZAZ TAIF | 6986-6966 Shubra Street Taif Saudi Arabia شارع شبرا - حي شبرا - الطائف Shobra St، Shobra، Main Center، Shubra, At Taif 26522, Saudi Arabia | +966 9200 11541 |
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Saudi riyal rate today
First off, in case you’re wondering something along the lines of “does Saudi Arabia use Saudi riyal?”, the answer is yes. The currency in Taif — and the rest of Saudi Arabia— is Saudi riyal
You can also find it written as SAR in currency exchange shops.
What you should know about exchanging money in Taif
When exchanging money in Taif 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 Saudi Arabia 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 Saudi Arabia 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 Saudi riyals for a fairer rate and fees. The same applies if you get the option on card machines.
Consider an alternative to physical currency exchanges
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’s no shortage of options when it comes to exchanging money in Taif. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.
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.