Where to exchange money in Cebu
Are you heading to Cebu? 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 Cebu 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 Cebu
We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Cebu below.
Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.
| Money Changer | Address | Contact Information |
|---|---|---|
| Portside Money Changer | Inside Passenger Terminal 1, Cebu Port Authority Brgy, Cebu City, 6000 Cebu, Philippines | +63 968 882 8878 |
| Alchor Forex Money Changer | Ground Floor, Elizabeth Mall, Leon Kilat Street, Cebu City, Cebu, 7VXW+44Q, Cebu City, 6000 Cebu, Philippines | +63 32 417 8400 |
| SLB Money Changer | Benigno Du Building, Fuente Osmeña Cir, Cebu City, 6000 Cebu, Philippines | +63 32 254 5580 |
| M.S. Money Changer | Robinson's Place, Santa Cruz, Cebu City, Osmena Boulevard, Cebu City, 6000 Cebu, Philippines | +63 32 255 8992 |
| Mim's Money Changer | 8W73+G23, Gorordo Ave, Cebu City, 6000 Cebu, Philippines | +63 32 233 5522 |
| Vhez Money Changer | 7VWX+VX8 Colonnade Mall, 90 Colon St, Cebu City, 6000 Cebu, Philippines | +63 32 253 0658 |
| AGPC Money Changer - Cebu City Branch | 280-A, Ground Floor, Food Saversmart, General Maxilom Ave, Cebu City, 6000 Cebu, Philippines | +63 32 412 6869 |
| GPC Money Exchange Fuente Osmeña Circle | Rajan Park Building, Fuente Osmeña Cir, Cebu City, 6000 Cebu, Philippines | +63 32 412 5001 |
| Drop-By Foreign Exchange | 110, Doña Luisa Building, Fuente Osmeña Cir, Cebu City, 6000 Cebu, Philippines | +63 32 255 0043 |
| Core Pacific Money Exchange Ayala Center | ayala center cebu, Cebu City, 6000 Cebu, Philippines | +63 32 415 5263 |
| Jing's Money Changer | 18 General Maxilom Ave, Cebu City, 6000 Cebu, Philippines | +63 32 511 9501 |
| Money Changer | 82 N Escario St, Cebu City, 6000 Cebu, Philippines | +63 32 511 2523 |
| Centro Money Changer | 282 F. Ramos St, Cebu City, 6000 Cebu, Philippines | - |
| Gpc Forex | BTC Bldg, Gov. M. Cuenco Ave, Cebu City, 6000 Cebu, Philippines | +63 32 416 0508 |
| Core Pacific Money Changer | The Walk, Abad St, Cebu City, 6000 Cebu, Philippines | +63 32 412 1521 |
| GPC Money Changer | ayala center cebu, 176 Archbishop Reyes Ave. Cebu Business Park, Cebu City, 6000 Cebu, Philippines | +63 32 415 5263 |
| Alco Credit And Foreign Exchange, Inc. | 298 F. Ramos St, Cebu City, 6000 Cebu, Philippines | - |
| Money Changer | Cor Wilson St, Salinas Dr, Cebu City, 6000 Cebu, Philippines | +63 32 418 3487 |
| Mim's money changer | 8V5V+XJP, Robinsons Skywalk, Cebu City, 6000 Cebu, Philippines | - |
| ZM Money Changer | GF , Talisay South Central Square, Natalio B.Bacalso South National Highway , 6045 Talisay City , Cebu, Talisay, Cebu, Philippines | - |
Philippine peso rate today
The currency used in Cebu, as well as the rest of Philippines is Philippine peso.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Philippine peso is PHP. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Cebu
You can follow a few simple tips which could help save money when exchanging currency in Cebu. 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 Philippine pesos for a fairer rate to avoid undisclosed exchange rates. Picking the local currency will almost always be cheaper.
Say goodbye to overcomplicated currency exchange
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Cebu. 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.