Where to exchange money in Detroit

Before you set out exploring in Detroit, 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 Detroit that you can visit.

We will also introduce Wise - A digital alternative which could save you time and money.

Where to exchange money in Detroit

Before you set out exploring in Detroit, 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 Detroit that you can visit.

We will also introduce Wise - A digital alternative which could save you time and money.

Wise

Spend abroad without hidden fees

Currency exchanges in Detroit

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 Detroit.

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 ChangerAddressContact Information
Atlantic Xchange Money Transfer & Currency Exchange5846 Schaefer Rd, Dearborn, MI 48126, USA+1 313-447-0502
AL RASHEED EXCHANGE515 Wyandotte St E, Windsor, ON N9A 3J1, Canada+1 833-309-1869
Babylon Monetary Services - Currency Exchange & Money Transfer793 Wyandotte St E, Windsor, ON N9A 3J5, Canada+1 519-968-3558
Windsor Station Currency Exchange298 Walker Rd, Windsor, ON N8Y 2M9, Canada+1 519-258-7994
Continental Currency3100 Howard Ave, Windsor, ON N8X 3Y8, Canada+1 519-250-1007
CanAm Currency Exchange3234 Dougall Ave, Windsor, ON N9E 1S6, Canada+1 519-915-5151
Quixend Money Transfer11921 Conant, Hamtramck, MI 48212, USA+1 313-892-7363
American Currency Exchange Llc344 N Old Woodward Ave #100, Birmingham, MI 48009, USA+1 248-203-9883
Sentt Money Transfer3 Parklane Blvd Suite 1127, Dearborn, MI 48126, USA+1 313-474-2444
CryptoFlip Cryptocurrency Exchange2646 E Jefferson Ave, Detroit, MI 48207, USA+1 313-393-7101
Sonali Exchange11319 Conant B, Hamtramck, MI 48212, USA+1 313-368-3845
Foreign Currency Exchange Services251 E Merrill St #238, Birmingham, MI 48009, USA+1 248-594-6655
XEBEC INTERNATIONAL12008 Joseph Campau Ave, Hamtramck, MI 48212, USA+1 313-367-0441
CryptoFlip Cryptocurrency Exchange14114 Telegraph Rd, Detroit, MI 48239, USA+1 313-537-0622
Windsor Currency Exchange1235 Huron Church Rd Unit 1, Windsor, ON N9C 2K6, Canada+1 519-816-6216
LibertyX5545 Livernois, Detroit, MI 48210, USA+1 313-895-9820
C3 Gold19188 Burt Rd, Detroit, MI 48219, USA+1 313-777-1527
CryptoFlip Cryptocurrency Exchange8904 Eight Mile Rd, Ferndale, MI 48220, USA+1 248-414-6633
Western Union24861 W McNichols Rd, Detroit, MI 48219, USA+1 313-535-1080

US dollar rate today

First off, in case you’re wondering something along the lines of “does United States use US dollar?”, the answer is yes. The currency in Detroit — and the rest of United States— is US dollar

You can also find it written as USD in currency exchange shops.


What you should know about exchanging money in Detroit

Before exchanging money in Detroit or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in the US for long-term stays or substantial investments like buying property or cars.

1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.

2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.

3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.

4. Use ATMs strategically
Check if your home bank has partnerships in the US banks to avoid extra ATM fees, and inform your bank before traveling.


5. Opt for local currency
When using an ATM abroad, choose to be charged in US dollar for a fairer rate and avoid undisclosed exchange rates and additional fees.

Say goodbye to overcomplicated currency exchange

Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.

Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.

There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local bank details in 9 currencies.

Bottom line

From the list above you should have plenty of options for finding a physical currency exchange in Detroit. If you'd like more options, try searching on a search engine like Google.

Finally, don't forget to check out Wise - The digital alternative to exchanging and spending cash abroad.

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.
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