Where to exchange money in Manila

Are you heading to Manila? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.

We will give you a list of the best currency exchanges in Manila that you can visit in person.

There is also a digital alternative to consider by using Wise. This could save you both time and money.

Currency exchanges in Manila

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 Manila 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 ChangerAddressContact Information
Moonlight Money Changer1190 A. Mabini St, Ermita, Manila, 1000 Metro Manila, Philippines+63 2 8524 3405
SHEEHA Money Changer1529 A. Mabini St, Malate, Manila, 1001 Metro Manila, Philippines+63 966 803 1305
Nailas Money Changer1741 A. Mabini St, District 5, Manila, 1004 Metro Manila, Philippines+63 2 8353 9031
World Wide Enterprises Money Changer1st District, 1511 A. Mabini St, Ermita, Manila, 1000 Metro Manila, Philippines+63 2 8522 1519
MoromaxHXGM+7PG, Pedro Gil St, Ermita, Manila, 1000 Metro Manila, Philippines-
Niko Money ChangerHXFM+J6W, Adriatico St, Malate, Manila, 1004 Metro Manila, Philippines+63 936 727 9942
Nailas Money Changer - Vito CruzVinzon's Place, 2600 Taft Ave, Malate, Manila, 1004 Metro Manila, Philippines+63 917 515 2964
Czarina Foreign ExchangeUnit 1412, Ayala Tower One, 1226 Ayala Ave, Makati, 1226 Metro Manila, Philippines+63 2 8848 6112
Tivoli Money ExchangeB1, Glorietta 2 Ayala Center village Makati, Makati, 1224 Metro Manila, Philippines+63 917 896 9878
Nikko Forex Money Changer1357 A. Mabini St, Ermita, Manila, 1000 Metro Manila, Philippines+63 7089391
  • 2.49 USD
  • 6.97 USDOur fee
  • 9.46 USDTotal fees
  • =
    990.54 USDTotal amount we’ll convert
  • ×
    56.4258

Philippine peso rate today

The currency used in Manila, as well as the rest of Philippines is Philippine peso.

However, when visiting a currency exchange shop you will notice they use currency codes. The code for Philippine peso is PHP. Keep an eye out for this if you want to compare exchange rates.

What you should know about exchanging money in Manila

When exchanging money in Manila 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 Philippines 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 Philippines 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 Philippine peso 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.

With a Wise account you can exchange currency at any time, almost everywhere in the world.
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Please see the Terms of Use for your region or visit Wise fees & pricing for the most up-to-date information on pricing and fees.

Bottom line

As you can see, there are plenty of options for exchanging money in Manila. 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.
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