Where to exchange money in Mthatha
If you’re planning a trip to Mthatha, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Mthatha. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Mthatha
If you’re planning a trip to Mthatha, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Mthatha. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
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Currency exchanges in Mthatha
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 Mthatha 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 Changer | Address | Contact Information |
|---|---|---|
| Oc Dream Exchange | 36 Blakeway Rd, Umtata Central, Mthatha, 5100, South Africa | +27 68 784 7361 |
| AfroCapital FX | Zimbane, Mthatha, 5100, South Africa | +27 78 155 7963 |
| Putuma Estate | Oxford, Chris Hani, Mthatha, 5099, South Africa | +27 83 565 0433 |
| Mall of Mthatha at BT Ngebs City | 33 Errol Spring Ave, Vulindlela Heights, Mthatha, 5099, South Africa | |
| Atlas Finance Umtata | 8 Madeira St, Umtata Central, Mthatha, 5100, South Africa | +27 87 702 1214 |
| Game Mthatha | 35 Nelson Mandela Drive, Shop 34, Mthatha Plaza, Mthatha, 5099, Shop 34, 35 Nelson Mandela Dr, Norwood, Mthatha, 5100, South Africa | +27 86 142 6066 |
| Cash Crusaders BT Ngebs City | Entrance 2, BT Ngebs City, Errol Spring Ave, Umtata Part 1, Mthatha, 5100, South Africa | +27 87 711 1796 |
| Atlas Finance Umtata 2 | 27 Victoria St, Norwood, Mthatha, 5099, South Africa | +27 87 701 4767 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
South African rand rate today
First off, in case you’re wondering something along the lines of “does South Africa use South African rand?”, the answer is yes. The currency in Mthatha — and the rest of South Africa— is South African rand
You can also find it written as ZAR in currency exchange shops.
What you should know about exchanging money in Mthatha
Before exchanging money in Mthatha 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 South Africa 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 South Africa 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 South African rand 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
From the list above you should have plenty of options for finding a physical currency exchange in Mthatha. 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.