Where to exchange money in Dili
If you’re planning a trip to Dili, 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 Dili. 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 Dili
If you’re planning a trip to Dili, 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 Dili. 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 Dili
If you have a need to use cash, here are some recommendations to exchange foreign currency in Dili.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
| Money Changer | Address | Contact Information |
|---|---|---|
| Island Dream Money (Moneygram) | CHR9+PMX, Rua Noronha, Díli, Timor-Leste | +670 7761 1000 |
| Bank Mandiri | CHWG+5JH, R. José Maria Marques, Díli, Timor-Leste | +670 7338 1112 |
| Western Union | Sang Tai Hoo Building, Rua Nicolau Lobato Colmera, Díli, Timor-Leste | +670 332 1589 |
| Banco Nacional de Comércio de Timor-Leste | Av. Presidenti Nicolau Lobato, Mandarin, Zip code 10901, Díli, Timor-Leste | +670 331 0094 |
| Timor Plaza | Av. Pres. Nicolau Lobato, Díli, Timor-Leste | +670 7768 8888 |
| Western Union | CHVM+568, R. de Santa Cruz, Díli, Timor-Leste | |
| Banco Central de Timor-Leste | Av. Xavier do Amaral No. 9, Díli, Timor-Leste | +670 331 3718 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
US dollar rate today
When you're in Dili, and also the rest of Timor-Leste, the official currency is the US dollar.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the US dollar is USD, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Dili
When exchanging money in Dili 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 Timor-Leste 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. 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.
2. Research 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 Timor-Leste banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in US dollars for a fairer rate and fees. The same applies if you get the option on card machines.
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
From the list above you should have plenty of options for finding a physical currency exchange in Dili. 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.
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.