Where to exchange money in Castro
If you’re planning a trip to Castro, 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 Castro. 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 Castro
If you’re planning a trip to Castro, 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 Castro. 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.
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Currency exchanges in Castro
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Castro.
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 |
|---|---|---|
| Western Union | Gamboa 451, 5700500 Castro, Los Lagos, Chile | +56 600 200 0102 |
| Western Union | Av. Bernardo O`Higgins 841, 5700608 Castro, Los Lagos, Chile | +56 600 200 0102 |
| Hostal Torre de Babel | O'Higgins 965, 5700000 Castro, Los Lagos, Chile | +56 9 8311 2156 |
| CurrencyBird | Ramon Ricardo Rosas 663, 5550701 Puerto Varas, Los Lagos, Chile | +56 65 224 3715 |
| Cambio | Pedro Montt 685, 5700289 Castro, Los Lagos, Chile | |
| Mercado Municipal Lillo | Eusebio Lillo 130, 5700275 Castro, Los Lagos, Chile | |
| Hotel Diego de Almagro Castro | Castro, Los Lagos, Chile | |
| Chiloe Negocios | Sotomayor 550, 5700486 Castro, Los Lagos, Chile |
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 currency used in Castro, as well as the rest of Chile is Chilean peso.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Chilean peso is CLP. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Castro
When exchanging money in Castro 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 Chile 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 Chilean 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 Chile 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.
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!
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Castro. 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.