Where to exchange money in Albufeira
Before you set out exploring in Albufeira, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Albufeira that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
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Currency exchanges in Albufeira
Consider using digital alternatives like Wise when looking at currency exchanges. If you still need to have some physical cash, here are a list of currency exchanges you can find in Albufeira.
A reminder from us - There's no such thing as 0% commission or fee-free so remember to do your research and make an informed decision.
| Money Changer | Address | Contact Information |
|---|---|---|
| Currency exchange | Av. dos Descobrimentos 5BL, 8200-260 Albufeira, Portugal | |
| Currencies Direct (Currency Exchange) | R. Manuel Teixeira Gomes, 8200-664 Albufeira, Portugal | +351 289 395 739 |
| SAW. Currency Exchange Agency - Exchange Bureau 2 | R. 5 de Outubro 36, 8200-109 Albufeira, Portugal | +351 289 585 333 |
| Unicâmbio Oura - Agente Western Union - Câmbios | Avenida Dr.Francisco Sá Carneiro, Bloco E, 46 - A, 8200-340 Albufeira, Portugal | +351 308 809 039 |
| V.I. | Praça Miguel Bombarda 17, 8200-076 Albufeira, Portugal | +351 289 513 170 |
| Unicâmbio Albufeira - Agente Western Union - Câmbios | Albufeira Shopping Cerro da Alagoa, Beco das Cegonhas 43, 8200-161 Albufeira, Portugal | +351 308 809 039 |
| Western Union | Loja 104 A, R. do Município Lo, 8200-161 Albufeira, Portugal | +351 308 809 039 |
| V.I. Agência de Câmbios | Av. da Liberdade 120, 8200-002 Albufeira, Portugal | +351 289 543 909 |
| V.I. Agência de Câmbios | Av. 25 de Abril, 8200-185 Albufeira, Portugal | +351 289 588 168 |
| MoneyGram | R. do Movimento das Forças Armadas 111 Loja D, 8200-157 Albufeira, Portugal | +351 920 476 062 |
Euro rate today
The currency used in Albufeira, as well as the rest of Portugal is Euro.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Euro is EUR. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Albufeira
You can follow a few simple tips which could help save money when exchanging currency in Albufeira. By increasing your awareness you can be better prepared for currency exchanges wherever you are.
1. Beware of 'zero fee' services
Some services will claim 'no commission'. This can be misleading as they will often have hidden a markup by offering you a worse exchange rate.
2. Know the current exchange rate
Be familiar with the current exchange rate to help identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
The convenience of exchanging currency at airports and hotels often comes at a price. That price will come as poor exchange rates and high transaction fees. Try to use this as a last resort.
4. Avoid scams
Be cautious of street vendors or unofficial exchange services that may offer seemingly attractive rates. Stick to recognised establishments to avoid falling victim to scams or fraudulent practices. Your financial security should always be a top priority.
5. Opt for local currency
When using an ATM abroad, pick the option to be charged in Euro for a fairer rate to avoid undisclosed exchange rates. Picking the local currency will almost always be cheaper.
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Albufeira. 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.
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