Where to exchange money in San Clemente
Are you heading to San Clemente? 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 San Clemente 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 San Clemente
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 San Clemente.
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 |
|---|---|---|
| Cambio exchange | Av. de las Américas, Guayaquil 090505, Ecuador | +593 4-281-8412 |
US dollar rate today
When you're in San Clemente, and also the rest of Ecuador, 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 San Clemente
Before exchanging money in San Clemente 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 Ecuador 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 Ecuador 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 dollar for a fairer rate and avoid undisclosed exchange rates and additional fees.
Currency exchange bureau who?
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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’s no shortage of options when it comes to exchanging money in San Clemente. 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.
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