Where to exchange money in Michigan
Are you heading to Michigan? 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 Michigan 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 Michigan
Are you heading to Michigan? 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 Michigan 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 Michigan
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Michigan.
One reminder, though: there’s no such thing as fee-free or 0% commission foreign exchange transactions. So, always check the mid-market exchange rate in advance, so you know how much your money’s worth.
| Money Changer | Address | Contact Information |
|---|---|---|
| Foreign Currency Exchange Services | 251 E Merrill St #238, Birmingham, MI 48009, USA | +1 248-594-6655 |
| American Currency Exchange Llc | 344 N Old Woodward Ave #100, Birmingham, MI 48009, USA | +1 248-203-9883 |
| Atlantic Xchange Money Transfer & Currency Exchange | 5846 Schaefer Rd, Dearborn, MI 48126, USA | +1 313-447-0502 |
| CryptoFlip Cryptocurrency Exchange | 2311 Division Ave S, Grand Rapids, MI 49507, USA | +1 616-245-1855 |
| Sonali Exchange | 11319 Conant B, Hamtramck, MI 48212, USA | +1 313-368-3845 |
| Free Internet Coins | 275 E Big Beaver Rd, Troy, MI 48083, USA | - |
| Continental Currency | 3100 Howard Ave, Windsor, ON N8X 3Y8, Canada | +1 519-250-1007 |
| CryptoFlip Cryptocurrency Exchange | 14114 Telegraph Rd, Detroit, MI 48239, USA | +1 313-537-0622 |
| Slon BTM | 26017 Michigan Ave, Inkster, MI 48141, USA | +1 855-756-6286 |
| Windsor Station Currency Exchange | 298 Walker Rd, Windsor, ON N8Y 2M9, Canada | +1 519-258-7994 |
| CryptoFlip Cryptocurrency Exchange | 2646 E Jefferson Ave, Detroit, MI 48207, USA | +1 313-393-7101 |
| CanAm Currency Exchange | 3234 Dougall Ave, Windsor, ON N9E 1S6, Canada | +1 519-915-5151 |
| Currency Exchange International | 520 Michigan Ave, Chicago, IL 60611, USA | +1 312-755-9200 |
| Western Union | 2641 Plymouth Rd, Ann Arbor, MI 48105, USA | +1 734-994-0600 |
| Liberty Coin Service | 400 Frandor Ave, Lansing, MI 48912, USA | +1 517-351-4720 |
| MoneyGram | 6355 Chase Rd, Dearborn, MI 48126, USA | +1 313-846-2622 |
| Envios Latinos Ann Arbor | 3060 Packard St e, Ann Arbor, MI 48108, USA | +1 734-971-0805 |
| LibertyX | 415 E Laketon Ave, Muskegon, MI 49442, USA | +1 231-855-2286 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
US dollar rate today
When you're in Michigan, and also the rest of United States, the official currency is the US dollar.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the US dollar is USD, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Michigan
Before exchanging money in Michigan 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 the US 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 the US 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 US dollars for a fairer rate and avoid undisclosed exchange rates and additional fees.
Currency exchange bureau who?
Forget all about walking around the city in search for fair exchange rates for a low fee.
With a Wise Account you can access over 70 currencies wherever you are - and all with a single card.
And what's even better, at the mid-market exchange rate. Low fees and fair rates all around the world, that's the Wise way!
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Michigan. 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.