Where to exchange money in Monrovia
Are you heading to Monrovia? 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 Monrovia 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 Monrovia
Are you heading to Monrovia? 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 Monrovia 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 Monrovia
If you have a need to use cash, here are some recommendations to exchange foreign currency in Monrovia.
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 |
|---|---|---|
| Gateway Fedex Exchange Bureau | Fiamah, 76VH+F86, Monrovia, Liberia | |
| New foreign exchange bureau | 859V+C42, Ashmun St, Monrovia, Liberia | |
| Sure Case Foreign Exchange Bureau | 76RF+399, 18th St, Monrovia, Liberia | |
| Express foreign exchange bureau | 859V+3VW, Monrovia, Liberia | |
| Koukatonue foreign bureau exchange | 859R+6G2, Broad Street, Monrovia, Liberia | |
| Central foreign exchange bureau inc | 859V+JHR, Monrovia, Liberia | |
| Favor Foreign Exchange Bureau | 76PH+VM4, 24th St, Monrovia, Liberia | |
| Traveller's Foreign Exchange Business Center | GSA Road Mills center, 7875+CGF, Monrovia, Liberia | +231 55 577 8168 |
| Mamadou D. Sall foreign exchange bureau | 858V+XV6, Gurley St, Monrovia, Liberia | |
| Abundance Foreign Exchange Bureau | 858X+26C, Johnson Street, Monrovia, Liberia | |
| Ballah foreign exchange bureau | 859R+MG9, Ashmun St, Monrovia, Liberia | |
| Western Union | Monrovia, Liberia | +231 88 644 5870 |
| Alhaji T Sall foreign exchange bureau | 858R+RH6, Mechlin St, Monrovia, Liberia | |
| All cash business center | 858V+63R, Monrovia, Liberia | +231 77 555 6040 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Liberian dollar rate today
The currency used in Monrovia, as well as the rest of Liberia is Liberian dollar.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Liberian dollar is LRD. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Monrovia
When exchanging money in Monrovia 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 Liberia 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 Liberia 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 Liberian dollars 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.
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
Other currency exchanges
Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in Monrovia. 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.