Where to exchange money in El Paso
Are you heading to El Paso? 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 El Paso 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.
Where to exchange money in El Paso
Are you heading to El Paso? 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 El Paso 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 El Paso
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in El Paso.
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 |
|---|---|---|
| Valuta Corporation | 300 S Mesa St A, El Paso, TX 79901, USA | +1 915-544-1152 |
| MelekUSA PUENTE LIBRE | 2931 Central Ave, El Paso, TX 79905, USA | +1 915-542-3131 |
| MelekUSA Mesa Hills | 745 S Mesa Hills Dr, El Paso, TX 79912, USA | +1 915-587-6213 |
| MelekUSA Bassett Place | 6101 Gateway Blvd W STE 520, El Paso, TX 79925, USA | +1 915-771-7168 |
| MelekUSA Zaragoza | 1155 N Zaragoza Rd Suite A104, El Paso, TX 79907, USA | +1 915-626-5343 |
| Melek CIELO VISTA MALL | 8401 Gateway Blvd W m01, El Paso, TX 79925, USA | +1 915-701-3015 |
| MelekUSA Mercado | inside Mercado Paisano, 400 S Oregon St, El Paso, TX 79901, USA | +1 915-533-8806 |
| Melek Downtown | 306 E Paisano Dr, El Paso, TX 79901, USA | +1 915-534-7474 |
| Melek Outlets | 7049 S Desert Blvd Ste 112, Canutillo, TX 79835, USA | +1 915-877-9311 |
| MelekUSA Americas | 201 S Americas Ave Ste 104, El Paso, TX 79907, USA | +1 915-859-5926 |
| Melek Viscount / hawkins | 8855 Viscount Blvd ste d, El Paso, TX 79925, USA | +1 915-778-1397 |
| Western Union | 800 N Zaragoza Rd, El Paso, TX 79907, USA | +1 915-860-1670 |
| Walmart Money Center | 8115 N Loop Dr, El Paso, TX 79907, USA | +1 915-629-0048 |
| Walmart Money Center | 951 Resler Dr, El Paso, TX 79912, USA | - |
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 El Paso — 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 El Paso
When exchanging money in El Paso 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 the US 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 US dollar 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 the US 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.
Consider an alternative to physical currency exchanges
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.
Other currency exchanges
Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in El Paso. 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.
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