Where to exchange money in Illetas
If you’re planning a trip to Illetas, 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 Illetas. 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 Illetas
If you’re planning a trip to Illetas, 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 Illetas. 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 Illetas
We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Illetas below.
Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.
| Money Changer | Address | Contact Information |
|---|---|---|
| Multi Expert Currency Exchange & Money Transfer | Carrer de Francesc Manuel de los Herreros, 35, Llevant, 07005 Palma, Illes Balears, Spain | +34 871 90 25 90 |
| Venta Finex | Currency Exchange & Money Transfer | Carrer de Francesc Fiol i Juan, 02, Nord, 07010 Palma, Illes Balears, Spain | +34 971 22 86 15 |
| Currencies Direct (Currency Exchange) | Ctra. Andratx, 43, local 32, 07181 Portals Nous, Illes Balears, Spain | +34 871 51 02 77 |
| Ria Money Transfer & Currency Exchange | Calle de, Carrer Torcuato Luca Tena, 15, Llevant, 07005 Palma, Illes Balears, Spain | +34 971 27 73 99 |
| LOCUTORIO MUNDO LATINO PALMA MONEY TRANSFER currency exchange | C. les Rafeletes, 1, LOCAL 4, Poniente, 07015 Palma, Illes Balears, Spain | +34 631 88 84 03 |
| Money Exchange Palmanova | Nova Exchange | Carrer Duc Estremera, Nº3, local 9, 07181 Palmanova, Illes Balears, Spain | +34 971 68 39 29 |
| Quick Exchange | Money Exchange Magaluf | Av. Magaluf, 6, 07181 Calvià, Illes Balears, Spain | +34 971 13 02 82 |
| Eurochange | Carrer Punta Ballena, 1, 07181 Magaluf, Illes Balears, Spain | +34 615 40 38 77 |
| Quickgold Palma (Antoni Marquès) | Carrer d'Antoni Marquès, 17, Nord, 07003 Palma, Illes Balears, Spain | +34 971 10 55 98 |
| Real Exchange | Money Exchange Magaluf | Avinguda de l'Olivera, 3, 07181 Magaluf, Illes Balears, Spain | +34 971 13 14 84 |
| Quickgold Palma (Sindicat) - Compro Oro | Money Exchange | C. del Sindicat, 44, Centre, 07002 Palma, Illes Balears, Spain | +34 971 59 27 89 |
| Eurochange | Junto al Ayto de Palma, Plaça de Santa Eulàlia, 4B, Centre, 07001 Palma, Illes Balears, Spain | +34 615 40 38 77 |
| Europound | Av. de Gabriel Roca, 16, LOCAL, Poniente, 07014 Palma, Illes Balears, Spain | +34 697 21 00 41 |
| Global Exchange | Plaça del Marquès del Palmer, Centre, 07001 Palma, Illes Balears, Spain | +34 900 855 550 |
| Ria Money Transfer Agent & Payout | Carrer Torcuato Luca Tena, 7, Llevant, 07005 Palma, Illes Balears, Spain | +34 871 17 81 94 |
| SERVIEXPRESS | Av. Joan Miró, 20, local 21, Poniente, 07014 Palma, Illes Balears, Spain | +34 971 45 00 58 |
| Ria Money Transfer Agent & Payout | Shaheen PK SL, Carrer del Capità Vila, 8, Llevant, 07007 Palma, Illes Balears, Spain | +34 871 17 75 76 |
| Europound Palma de Mallorca II | compro oro, Avinguda de Gabriel Alomar, 9, Llevant, 07006 Palma, Illes Balears, Spain | +34 697 21 00 41 |
| Ria Money Transfer Agent & Payout | Sheikh Multiservicios SL, Carrer d'Indalecio Prieto, 24, Llevant, 07008 Palma, Illes Balears, Spain | +34 971 25 20 12 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Euro rate today
When you're in Illetas, and also the rest of Spain, the official currency is the Euro.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Euro is EUR, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Illetas
When exchanging money in Illetas 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 Spain 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 Euros 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 Spain 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.
Currency exchange bureau who?
Forget all about walking around the city in search for fair exchange rates for a low fee.
With a Wise Account you can access over 70 currencies wherever you are - and all with a single card.
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!
Get started today
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Illetas. 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.