Where to exchange money in Memphis
Are you heading to Memphis? 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 Memphis 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.
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Currency exchanges in Memphis
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 Memphis.
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 |
|---|---|---|
| Currency Exchange | Currency Exchange, Memphis, TN 38116, USA | - |
US dollar rate today
The currency used in Memphis, as well as the rest of United States is US dollar.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for US dollar is USD. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Memphis
You can follow a few simple tips which could help save money when exchanging currency in Memphis. By increasing your awareness you can be better prepared for currency exchanges wherever you are.
1. Beware of 'zero fee' services
Some services will claim 'no commission'. This can be misleading as they will often have hidden a markup by offering you a worse exchange rate.
2. Know the current exchange rate
Be familiar with the current exchange rate to help identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
The convenience of exchanging currency at airports and hotels often comes at a price. That price will come as poor exchange rates and high transaction fees. Try to use this as a last resort.
4. Avoid scams
Be cautious of street vendors or unofficial exchange services that may offer seemingly attractive rates. Stick to recognised establishments to avoid falling victim to scams or fraudulent practices. Your financial security should always be a top priority.
5. Opt for local currency
When using an ATM abroad, pick the option to be charged in US dollars for a fairer rate to avoid undisclosed exchange rates. Picking the local currency will almost always be cheaper.
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Other currency exchanges
Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in Memphis. 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.