Where to exchange money in Hengelo
Before you set out exploring in Hengelo, 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 Hengelo that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Where to exchange money in Hengelo
Before you set out exploring in Hengelo, 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 Hengelo 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 Hengelo
If you have a need to use cash, here are some recommendations to exchange foreign currency in Hengelo.
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 |
|---|---|---|
| GWK Travelex Hengelo | Stationsplein 3-19, 7551 CN Hengelo, Netherlands | +31 74 291 0131 |
| Geldwisselkantoor Hengelo | Nieuwstraat 32, 7551 CX Hengelo, Netherlands | +31 74 302 0001 |
Euro rate today
The currency used in Hengelo, as well as the rest of Netherlands is Euro.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Euro is EUR. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Hengelo
When exchanging money in Hengelo 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 Netherlands 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 Netherlands 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 Euros 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.
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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
As you can see, there are plenty of options for exchanging money in Hengelo. 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.
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