Where to exchange money in Bogotá
If you’re planning a trip to Bogotá, 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 Bogotá. 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 Bogotá
If you’re planning a trip to Bogotá, 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 Bogotá. 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 Bogotá
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Bogotá.
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 |
|---|---|---|
| New York Money | Centro Comercial Andino, Cra. 11 #82-71 Local 3-48, Bogotá, Colombia | +57 601 5800433 |
| New York Money changes LTDA. | Cl. 185 #45-03 Local 182, Suba, Bogotá, Cundinamarca, Colombia | +57 601 5800433 |
| Compra y Venta de Divisas Amerikan Cash - Cll 122 - Local 102/ Diagonal a Unicentro | Cl. 122 #15 - 35 Local 102, Bogotá, Colombia | +57 313 2859355 |
| CAMBIOS SMART EXCHANGE MUSEO DEL ORO | Cra. 6 #14 62, Bogotá, Colombia | +57 601 7028406 |
| Cambios New York Money C.C Unicentro Local 1 - 118 | Cra. 15 #123-30 Local 1 - 118, Bogotá, Colombia | +57 601 5800433 |
| Cambios X Change | Chapinero, Bogota, Colombia | |
| HOUSE CHANGES UNIDIVISAS-MONEY EXCHANGE | Cl 72 #10-34 # 10, Chapinero, Bogotá, Cundinamarca, Colombia | +57 311 8131972 |
| Dollar Point - home exchange | Cra. 68b #24 39 local 287, Fontibón, Bogotá, Cundinamarca, Colombia | +57 601 4673055 |
| FEXAGENCIE - FOREIGN EXCHANGE AGENCIE SAS | Cl. 12 #5-96, Bogotá, Colombia | +57 320 3882495 |
| CAMBIOS SMART EXCHANGE AVENIDA CHILE | Cl 72 #10-34, Bogotá, Colombia | +57 601 2990932 |
| Interamerican Money Parque La Colina | Cr 58d # 146 -51, Suba, Bogotá, Colombia | +57 601 9160160 |
| New York Money d.c. Av Chile | Cl 72, Bogotá, Colombia | +57 601 5800433 |
| Punto Dollar Centro Comercial Granada Hills Local 104, Casa de cambios | Granada Hills, Auto. Norte #146 48 local 104, Usaquén, Bogotá, Cundinamarca, Colombia | +57 601 6266877 |
| Alcansa | Av. El Dorado #103-09, Bogotá, Colombia | +57 311 8996304 |
| Interamerican Money Nuestro Bogotá | Nuestro Bogotá, Av Ciudad de Cali #55 A 75 Local 1-31, Engativá, Bogotá, Cundinamarca, Colombia | +57 601 9160160 |
| Cambios Güendi | Terminal 1 - T1, Av. El Dorado #103-09, Bogotá, Colombia | +57 320 5771738 |
| Cambios Global | Cl. 122 #15-9 local 101, Bogotá, Colombia | |
| Cambios New York Money CC Plaza Claro | Carrera 68a # 24b-10, Bogotá, Colombia | +57 601 5800433 |
| CAMBIOS EL TESORO | Cra. 58 #127 59 a, Bogotá, Colombia | +57 313 4700172 |
| Exchange of money millennium | Av Jimenez de Quesada #5-43, Bogotá, Colombia | +57 3417466 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Colombian peso rate today
The currency used in Bogotá, as well as the rest of Colombia is Colombian peso.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Colombian peso is COP. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Bogotá
When exchanging money in Bogotá 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 Colombia 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. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Colombian pesos for a fairer rate and fees. The same applies if you get the option on card machines.
2. Know 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 Colombia banks to avoid unwanted ATM fees. Also try to plan ahead and make as few withdrawals as possible to avoid multiple extra fees.
5. 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.
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Bogotá. 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.