Where to exchange money in Luanda
Before you set out exploring in Luanda, 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 Luanda that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Where to exchange money in Luanda
Before you set out exploring in Luanda, 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 Luanda 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 Luanda
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 Luanda.
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 |
|---|---|---|
| NovaCâmbios | Av. Cmte. Valódia 24, Luanda, Angola | +244 222 448 426 |
| Unicâmbios | 35JP+CHM, Luanda, Angola | |
| Kwanza Net | Camama / Condomínio 367V+3V8 Rua dos Lírios Luanda, Belas, Angola | |
| Agência Valodia, Xikila Money | 56JX+GGH, Luanda, Angola | |
| National Bank of Angola | Av. 4 de Fevereiro 151, Luanda, Angola | +244 222 679 200 |
| Victoria Transfer | Luanda, Angola |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Angolan kwanza rate today
When you're in Luanda, and also the rest of Angola, the official currency is the Angolan kwanza.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Angolan kwanza is AOA, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Luanda
When exchanging money in Luanda 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 Angola 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 Angola 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 Angolan kwanzas for a fairer rate and fees. The same applies if you get the option on card machines.
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 account details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Luanda. 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.