Where to exchange money in Goa
Before you set out exploring in Goa, 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 Goa that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Spend abroad without hidden fees
Currency exchanges in Goa
If you have a need to use cash, here are some recommendations to exchange foreign currency in Goa.
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 |
|---|---|---|
| Unimoni Financial services Ltd, MAPUSA | shop 7&8, Atria Bld, opp. South Indian Bank, Dangui Colony, Mapusa, Goa 403507, India | +91 75940 02557 |
| Unimoni Financial Services, (UAE Exchange) Margao | Shop No. 14, Ground Floor, Garden View Building, Pajifond, Margao, Goa 403601, India | +91 75940 02563 |
| Unimoni Financial Service Pvt Ltd, PANAJI (UAE Exchange ) | SHOP NO G11, GROUND FLOOR, Pinto Chamber, next to Govinda Building, Ozari, Panaji, Goa 403001, India | +91 75940 02686 |
| ARVOG FOREX PVT.LTD. | H. No.2/195, A/F-9, 1st Floor, Venor Plaza, Naika Vaddo, Calangute Market, Calangute, Saligao, Goa 403516, India | +91 95455 37755 |
| Just Travels & Forex Pvt. ltd. | H.No. 853/3 SORANTTO WADDO NEAR DMELLO WADDO ANJUNA MAPUSA ROAD ANJUNA BARDEZ NO Goa, Dmello Vaddo, Anjuna, Goa 403509, India | +91 99232 50469 |
| Kusum Forex | FRWC+PWV, Near Don Bosco High School, Panaji, Goa 403001, India | +91 98504 70611 |
| Unimoni financial services ltd | Shop no.14, gardern view building, near star xerox, next to Dena bank, Pajifond, Margao, Goa 403601, India | +91 90110 14105 |
| WSFx Global Pay | Dr Rafael Barretto Plaza, Shop No-7, Pajifond, Margao, Goa 403601, India | +91 89769 84656 |
| Weizmann Forex Ltd | Shop No.15/1646, Ground Floor, Roma Apartments Zoriwado, near Spring of Ana Fonte, Pajifond, Margao, Goa 403601, India | +91 22 4611 2500 |
| Domnico Stores | Shop No.650/5, 650, Anjuna Mapusa Rd, Near Starco Junction, Starco Junction, Dmello Vaddo, Anjuna, Goa 403509, India | +91 84529 70398 |
| NATIONAL FOREX INDIA PVT LTD | Near, Opp Andhra Bank, Swatantra Path, Vasco da Gama, Goa 403802, Hotel La Paz Building, Swatantra Path, Vasco, Vaddem, Vasco da Gama, Goa 403802, India | +91 832 250 1727 |
| Galaxy Fast-Track Forex Goa Private Limited | Shop No G 8, B Building, New Market, Apna Bazar, Vidya Nagar, Margao, Goa 403601, India | +91 832 270 2703 |
| EBIXCASH World Money Limited | Shop No: 14, Ground Floor, Alcon Chambers, Dayanand Bandodkar Marg, Panaji, Goa 403001, India | +91 93726 27427 |
| Nagvekar Forex Pvt. Ltd | Stall No.195, Market Rd, Municipal Market, Morod, Mapusa, Goa 403507, India | +91 832 651 0157 |
| Thomas Cook | 8, Alcon Chambers, Dayanand Bandodkar Marg, Panaji, Goa 403001, India | +91 82914 59743 |
| Mayekar Brothers Forex Pvt Lmt | Shop No 15-Behind Star Xerox , Garden View Apartment, Near Collectorate Building, Margao, Margao, Padre Miranda Rd, Pajifond, Margao, Goa 403601, India | +91 98221 55334 |
| Mr.Veen Money Exchange | HQ96+5JG, Calangute - Anjuna Rd, Baga, Arpora, Goa 403516, India | +91 98234 95679 |
| Travelex | House No. E-5, 246-C-S-1, Calangute-Baga Road, Umtav Vado, Bardez, Calangute, Saligao, Goa 403516, India | +91 75229 60582 |
| SUNRISE GOLD AND MONEY EXCHANGE PRIVATE LIMITED | Shop No. 12, Sujay Apartment, 18th June Rd, Altinho, Panaji, Goa 403001, India | - |
Indian rupee rate today
First off, in case you’re wondering something along the lines of “does India use Indian rupee?”, the answer is yes. The currency in Goa — and the rest of India— is Indian rupee
You can also find it written as INR in currency exchange shops.
What you should know about exchanging money in Goa
Before exchanging money in Goa 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 India 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 India 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 Indian rupee for a fairer rate and avoid undisclosed exchange rates and additional fees.
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
As you can see, there are plenty of options for exchanging money in Goa. 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.