Where to exchange money in Iaşi
Before you set out exploring in Iaşi, 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 Iaşi that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Where to exchange money in Iaşi
Before you set out exploring in Iaşi, 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 Iaşi 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 Iaşi
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Iaşi.
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 |
|---|---|---|
| Schimb Valutar Non Stop | Bulevardul Tudor Vladimirescu 46, Iași 700311, Romania | |
| Mondial Exchange S.R.L. | Strada Costache Negri 62, Iași 700070, Romania | +40 744 546 710 |
| Panda Exchange | Strada Cuza Vodă 1, Iași 700123, Romania | +40 745 083 759 |
| Schimb Valutar | Piața Unirii 6, Iași 700055, Romania | +40 727 795 829 |
| Schimb Valutar - MoneyGram | Bulevardul Alexandru cel Bun 49, Iași 707305, Romania | +40 727 795 829 |
| Exchange Office | Strada Vasile Lupu nr. 83, Iași 700319, Romania | |
| Smith&Smith Iasi Palas Transfer de bani Moneygram | Palas Shopping Mall, Strada Palas 7A, Iași 700051, Romania | +40 21 331 8073 |
| Schimb Valutar - MoneyGram | Șos. Nicolina 13, Iași 700722, Romania | +40 727 780 570 |
| BSG Amanet & Exchange | Strada Păcurari 143, Iași 707410, Romania | +40 753 262 638 |
| BSG Amanet & Exchange | Bulevardul Socola 1, Iași 700194, Romania | +40 751 220 348 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Romanian leu rate today
The currency used in Iaşi, as well as the rest of Romania is Romanian leu.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Romanian leu is RON. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Iaşi
When exchanging money in Iaşi 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 Romania 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 Romania 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 Romanian leus for a fairer rate and fees. The same applies if you get the option on card machines.
Money exchange at the tip of your fingers
Out with carrying only cash when you're abroad. The world has gone digital and so can you.
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Other currency exchanges
Bottom line
As you can see, there’s no shortage of options when it comes to exchanging money in Iaşi. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.
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.