Where to exchange money in Medina
Are you heading to Medina? 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 Medina 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.
Where to exchange money in Medina
Are you heading to Medina? 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 Medina 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.
Spend abroad without hidden fees
Currency exchanges in Medina
If you have a need to use cash, here are some recommendations to exchange foreign currency in Medina.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
| Money Changer | Address | Contact Information |
|---|---|---|
| money exchange | Al Manakhah المدينة المنورة - المنطقة المركزية الغربية الجنوبية - شارع السلام- شارع النقا- حي الحسن بن علي Medina 42311 15032, الحرم، المدينة المنورة 42311, Saudi Arabia | |
| شركة بن يعلا للصرافة Bin Yaala Exchange Co | Sultanah St, حي الفتح، Madinah 42313, Saudi Arabia | +966 800 111 1008 |
| Salim S .D . Alluhibi & sons company for Money Exchanger | 42311 شارع ابي عبيدة الجراح ، بضاعة ، المدينة المنورة42311-2842-7091، Bada'ah, Madinah 42311, Saudi Arabia | +966 14 820 8000 |
| شركة مبارك سليم اللهيبي وأولاده للصرافة | Mubarak Salim Al-Lahibi and Sons Exchange Company | FJF6+4FW, King Fahd Rd, Bada'ah, Madinah 42311, Saudi Arabia | +966 800 442 0116 |
| Bandar Hameid Al-saadi Est Money Exchange مؤسسة بندر حميد محمد الصاعدي للصرافة | ممر مشاة داخل، Al Haram, Madinah 42311, Saudi Arabia | +966 800 442 2999 |
| شركة عودة محمد الحربي وشركاؤه التضامنيه للصرافهOudah Mohammed Al Harbi &Co.MONEY Exchanga | مصعب بن عمير، Bada'ah, Madinah 42311, Saudi Arabia | +966 800 439 9000 |
| تحويل الراجحي | King Faisal Rd, Al Suqya, Madinah 42315, Saudi Arabia | +966 9200 03344 |
| Enjaz Money Transfer | سوق الحلقة - المدنية المنورة, الاصيفرين، المدينة المنورة 42315, Saudi Arabia | +966 9200 11541 |
| شركة وليد سلمي اللهيبي وشريكه للصرافة Waleed Salmi Alluhaybi exchanger CO | أبي ذر الغفاري، Bada'ah, Madinah 42311, Saudi Arabia | +966 14 829 1200 |
| Waleed Salmi Alluhaybi exchanger CO. | سعد بن معاذ، Bada'ah, Madinah 42311, Saudi Arabia | +966 14 829 1200 |
| Nayef | طريق السلام،، Al Haram, Madinah 42311, Saudi Arabia | +966 800 440 0090 |
| شركة محمد بركي اللهيبي وشركاؤه للصرافة Mohammed Baraki Al-Lahibi & Partners Exchange Company | حي النقاء مسلم بن هاني مسلم ابن هاني خلف، Al Haram, Madinah 42311, Saudi Arabia | +966 14 829 0079 |
| شركة سليم سليم مبارك اللهيبي للصرافة.Salim Salim Mubarak Al-Lahibi Exchange COMPANY. | ام المؤمنين، حي، أم سلمة بنت أبي أمية، Bada'ah, Madinah 42311, Saudi Arabia | +966 800 442 0111 |
| Fawri Money Transfer | 2555 طريق الملك عبدالله الفرعي مجمع القارات، معرض D2، Al Rayah, Madinah 42313, Saudi Arabia | +966 14 828 0328 |
| شركة إرسال لتحويل الأموال ERSAL MONEY TRANSFER | Prince Abdulmajeed Ibn Abdulaziz, Banidhafar, Madinah 42316, Saudi Arabia | +966 800 111 1663 |
| شركة خالد سالم حميدان اللهيبي العوفي للصرافة Company Of Khaled Salem Al-luhaibi Al-OFi For Exchange | King Faisal Rd, Bani Khidrah, Madinah 42311, Saudi Arabia | +966 800 442 0042 |
| شركة سلمي سويلم الحربي للصرافة Salmi suwailem AlHarbi exchanger CO | Bani Khidrah, Madinah 42311, Saudi Arabia | |
| NCB | مطار الأمير محمد بن عبد العزيز الدولي، HP38+43Q, Madinah Airport VIP Rd, Madinah 42342, Saudi Arabia | |
| شركة إرسال لتحويل الأموال ERSAL MONEY TRANSFER | Omar Bin Al Khattab Rd, Al Haram, Madinah 42315, Saudi Arabia | +966 800 111 1663 |
| شركة إرسال لتحويل الأموال ERSAL MONEY TRANSFER | Ad Difa, Madinah 42374, Saudi Arabia | +966 9200 33663 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Saudi riyal rate today
When you're in Medina, and also the rest of Saudi Arabia, the official currency is the Saudi riyal.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Saudi riyal is SAR, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Medina
Before exchanging money in Medina 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 Saudi Arabia 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 Saudi Arabia 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 Saudi riyals for a fairer rate and avoid undisclosed exchange rates and additional fees.
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
From the list above you should have plenty of options for finding a physical currency exchange in Medina. 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.
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