Where to exchange money in Hout Bay
If you’re planning a trip to Hout Bay, 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 Hout Bay. 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 Hout Bay
If you’re planning a trip to Hout Bay, 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 Hout Bay. 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 Hout Bay
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 Hout Bay.
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 Changer | Address | Contact Information |
|---|---|---|
| Currencies Direct South Africa | 29th Floor, The Box, 9 Lower Burg St, Cape Town City Centre, Cape Town, 8001, South Africa | +27 21 418 0105 |
| TymeBank Kiosk PNP Hout Bay | Cnr Sentinel St &, Melkhout Cres, Hout Bay, Cape Town, 7806, South Africa | +27 860 999 119 |
| Inter Africa Bureau de Change | 196 Long St, Cape Town City Centre, Cape Town, 8000, South Africa | +27 21 421 5360 |
| Nedbank Hout Bay | Shop E6, Main Stream Shopping Centre, N/a, Main Rd, Hout Bay, Cape Town, 7806, South Africa | +27 80 055 5111 |
| FiveWest | 4 Bree St, Foreshore, Cape Town, 8000, South Africa | +27 21 203 1678 |
| Travelex Green Market Square | Shop 5, Protea Assurance Building, 140 Longmarket St, Cape Town City Centre, Cape Town, 8000, South Africa | +27 21 426 5310 |
| imali express | Shop 6199A, V&A Waterfront, next to Cotton On, Victoria & Alfred Waterfront, Cape Town, 8001, South Africa | +27 21 419 3257 |
| Tower Bureau de Change - Cape Town (St Georges Mall) | Ground Floor, JDN House, 26A Shortmarket St, Cape Town City Centre, Cape Town, 8000, South Africa | +27 21 422 1643 |
| Fish on the Rocks | 1 Harbour Rd, Hout Bay, Cape Town, 7806, South Africa | +27 21 790 0001 |
| Rennies Foreign Exchange Cathedral | St Georges Mall, Cape Town City Centre, Cape Town, 8000, South Africa | +27 21 423 7154 |
| MoneyGram | Knysna Rd, Waterfront, Cape Town, 7100, South Africa | +27 87 575 9404 |
| Who To Trade With | 306 Pont Du Gard, 35 Beach Rd, Mouille Point, Cape Town, 8005, South Africa | +27 81 564 4846 |
| Gold Rush | 86 Long St, Cape Town City Centre, Cape Town, 8000, South Africa | +27 21 422 1490 |
| MoneyGram | 2 Dock Rd, Victoria & Alfred Waterfront, Cape Town, 1000, South Africa | +27 860 137 203 |
| PRIME Capital | unit 1, 62 High Level Rd, Green Point, Cape Town, 8005, South Africa | +27 72 373 2785 |
| Image Pro Exchange | 1st Floor, 7 Castle St, Cape Town City Centre, Cape Town, 8000, South Africa | +27 21 422 1449 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
South African rand rate today
The accepted currency in Hout Bay and across South Africa is the South African rand.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the South African rand is ZAR. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Hout Bay
Before exchanging money in Hout Bay 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 South Africa 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 South Africa 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 South African rand 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 account details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Hout Bay. 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 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.