Where to exchange money in Porto

Before you set out exploring in Porto, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.

In this article you will discover some of the best currency exchanges in Porto that you can visit.

We will also introduce Wise - A digital alternative which could save you time and money.

Currency exchanges in Porto

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 Porto.

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
Portocâmbios	R. de Rodrigues Sampaio 193, 4000-065 Porto, Portugal	+351 22 200 0238
Unicâmbio Porto - Compramos Ouro! Agente Western Union - Câmbios	R. de Sá da Bandeira 7, 4000-433 Porto, Portugal	+351 962 017 515
MAXPAY - Balcão do Porto - C.C. Capitólio	Av. da França 256 Loja 50, 4050-276 Porto, Portugal	+351 22 201 0938
Unicâmbio Matosinhos - Compramos Ouro! Agente Western Union - Câmbios.	Av. da República 581, 4450-242 Matosinhos, Portugal	+351 967 252 131
Porto Help Center and Money Transfer	R. de Santa Catarina 517, 4000-452 Porto, Portugal	+351 920 430 490
Western Union	Av. da República 1182, 4430-204 Vila Nova de Gaia, Portugal	+351 966 282 082
MoneyGram	Praça da Batalha 7, 4000-101 Porto, Portugal	+351 932 781 230

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2.49 USD
3.77 USDOur fee
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6.26 USDTotal fees
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993.74 USDTotal amount we’ll convert
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Euro rate today

When you're in Porto, and also the rest of Portugal, the official currency is the Euro.

Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Euro is EUR, so be sure to take note of it when comparing exchange rates.

What you should know about exchanging money in Porto

Before exchanging money in Porto 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 Portugal 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 Portugal 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 Euro for a fairer rate and avoid undisclosed exchange rates and additional fees.

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 bank details in 9 currencies.

Get a Wise Account in minutes!

Please see the Terms of Use for your region or visit Wise fees & pricing for the most up-to-date information on pricing and fees.

Bottom line

As you can see, there’s no shortage of options when it comes to exchanging money in Porto. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.

Learn more about Wise

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