Where to exchange money in Malabe

If you’re planning a trip to Malabe, 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 Malabe. 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 Malabe

If you’re planning a trip to Malabe, 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 Malabe. 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.

Wise

Spend abroad without hidden fees

Currency exchanges in Malabe

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 Malabe.

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 ChangerAddressContact Information
MoneyGram838 4 New Kandy Rd, Malabe 10115, Sri Lanka+94 112 078 652
MoneyGram790A Kaduwela Rd, Malabe 10115, Sri Lanka+94 114 413 236
LB Finance Malabe6.904402, 79.954611, 836 B240, Sri Jayawardenepura Kotte, Sri Lanka+94 114 381 083
MoneyGram120 Kaduwela - Athurugiriya Rd, 10150, Sri Lanka+94 112 744 351
MoneyGram51 Main St, Athurugiriya 10150, Sri Lanka+94 112 762 875
Maruthi Money Exchange (Pvt) Ltd285 Galle Rd, Colombo 00600, Sri Lanka+94 112 362 086
Sampath Bank Malabe895 Athurugiriya Rd, Malabe 10115, Sri Lanka+94 112 762 222
Softlogic GLOMARK - Malabe604 Athurugiriya Rd, Malabe 10115, Sri Lanka+94 77 081 2656
Commercial Bank821 Kaduwela Rd, Malabe 10115, Sri Lanka+94 112 762 816
Dedigama Gold Loan Centre - MalabeNo:05/A, Athurugiriya Rd, Malabe 10115, Sri Lanka+94 112 560 405
Seylan Bank PLC - MalabeNo 11 Athurugiriya Rd, Malabe 10115, Sri Lanka+94 112 561 415
MoneyGramAvissawella Rd Kaduwela, Kaduwela 10640, Sri Lanka+94 112 537 999
Prasanna Money Exchange (Pvt) Ltd57 Galle Rd, Colombo 00600, Sri Lanka+94 112 591 420
Senkadagala FinanceNo. 482, 5/A Colombo Road, Kaduwela, Sri Lanka+94 112 538 180
Nishaku Lanka Holidays (Pvt) Ltd1092/2/1 K A Perera Mawatha Rd, Malabe 10115, Sri Lanka+94 77 929 3987
Punchi Car NiwasaMalabe 10115, Sri Lanka+94 112 413 865
LB Finance PLC BattaramullaNO. 755, 1 Battaramulla - Pannipitiya Rd, Battaramulla 10120, Sri Lanka+94 112 885 331
People's Bank & ATMWX24+WF5, Athurugiriya Rd, Malabe, Sri Lanka+94 112 561 780
Royal Money Exchange55 Galle Rd, Colombo 00600, Sri Lanka+94 112 587 107
LB Finance PLC Malabe835/2A Kaduwela Rd, Malabe 10115, Sri Lanka+94 112 156 855

Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.

Sri Lankan rupee rate today

When you're in Malabe, and also the rest of Sri Lanka, the official currency is the Sri Lankan rupee.

Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Sri Lankan rupee is LKR, so be sure to take note of it when comparing exchange rates.


What you should know about exchanging money in Malabe

Before exchanging money in Malabe 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 Sri Lanka 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 Sri Lanka 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 Sri Lankan rupees for a fairer rate and avoid undisclosed exchange rates and additional fees.

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.

With a Wise account you can exchange currency at any time, almost everywhere in the world.

Access over 70 currencies in just a few clicks and pay wherever you are with the Wise card.

Say goodbye to the analog way. Say hello to Wise

Bottom line

From the list above you should have plenty of options for finding a physical currency exchange in Malabe. If you'd like more options, try searching on a search engine like Google.

Finally, don't forget to check out Wise - The digital alternative to exchanging and spending cash abroad.

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.