Where to exchange money in Colombo
If you’re planning a trip to Colombo, 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 Colombo. 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 Colombo
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 Colombo.
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 |
|---|---|---|
| Maruthi Money Exchange (Pvt) Ltd | 285 Galle Rd, Colombo 00600, Sri Lanka | +94 112 362 086 |
| Royal Money Exchange Pvt Ltd. | 113 Chatham St, Colombo 00100, Sri Lanka | +94 77 478 7986 |
| Prasanna Money Exchange (Pvt) Ltd | 57 Galle Rd, Colombo 00600, Sri Lanka | +94 112 591 420 |
| Swiss Money Exchange (Pvt) Ltd | 87a Galle Rd, Colombo 00600, Sri Lanka | +94 112 555 551 |
| Capital Exchange (Pvt) Ltd | 54 Hospital St, Colombo 00100, Sri Lanka | +94 112 381 140 |
| Central Money Exchange - Colombo | 79 York St, Colombo 00100, Sri Lanka | +94 112 554 950 |
| Royal Money Exchange | 55 Galle Rd, Colombo 00300, Sri Lanka | +94 112 587 107 |
| Crown Money Exchange (PVT) LTD & Crown Gems & Jewellery | 56 Mudalige Mawatha, Colombo 01, Sri Lanka | +94 112 472 957 |
| International Exchange | 27a Sir Razik Fareed Mawatha, Colombo 00100, Sri Lanka | +94 112 347 331 |
| Bullion Money Exchange | 297 Main St, Colombo 01100, Sri Lanka | +94 112 430 640 |
| Prasanna Money Exchange (Pvt) Ltd, Head office | No 42A Mudalige Mawatha, Colombo, Sri Lanka | +94 112 422 049 |
| City Exchange (Pvt) Ltd | WRMV+MV2, York St, Stress 00100, Sri Lanka | +94 112 432 322 |
| Universal Money Changer | 143A Galle Rd, Colombo 10350, Sri Lanka | +94 112 504 444 |
| Kamal Enterprises ( PVT ) LTD | 57-A Bristol Paradise BDG, York St, Colombo 00100, Sri Lanka | +94 114 863 720 |
| Arrujina Money Changer (Pvt) Ltd | 42 Sea St, Colombo 01100, Sri Lanka | +94 112 435 361 |
| Rivindu Enterprises | XVQR+38P, Negombo-Colombo Main Rd, Wattala 11300, Sri Lanka | +94 71 128 9367 |
| CARLO INTERNATIONAL (PVT) LTD | Supun residents, No . 56 Galle Rd, Colombo 00600, Sri Lanka | +94 112 593 530 |
| Pearl Money Exchange | 17 Bauddhaloka Mawatha, Colombo 00400, Sri Lanka | +94 114 523 800 |
| Keyzer Exchange (Pvt) Ltd | 147 Keyzer St, Colombo 01100, Sri Lanka | +94 112 459 139 |
| Sarrita Jewellery | 42 Sea St, Colombo 00011, Sri Lanka | +94 77 077 7356 |
Sri Lankan rupee rate today
The currency used in Colombo, as well as the rest of Sri Lanka is Sri Lankan rupee.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Sri Lankan rupee is LKR. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Colombo
You can follow a few simple tips which could help save money when exchanging currency in Colombo. 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 Sri Lankan rupee for a fairer rate to avoid undisclosed exchange rates. Picking the local currency will almost always be cheaper.
Money exchange at the tip of your fingers
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Colombo. 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 Payment 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.