Where to exchange money in Soacha
Are you heading to Soacha? 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 Soacha 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 Soacha
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 Soacha 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 |
|---|---|---|
| Western Union - Acciones & Valores | Centro Comercial Mercurio, Cra. 7 #32 - 35 Local 103, Soacha, Cundinamarca, Colombia | +57 601 7477173 |
| Western Union - Acciones & Valores | Exito Gran Plaza, Cra. 7 #30B - 139 Local 101, Soacha, Cundinamarca, Colombia | +57 601 7437550 |
| Giros Efecty | Cl 15 #3a35, Soacha, Cundinamarca, Colombia | |
| EFECTY EL CHARQUITO INSPECCION SOACHA | Cra. 1 #1-64, Soacha, Cundinamarca, Colombia | +57 601 6510101 |
Colombian peso rate today
The currency used in Soacha, as well as the rest of Colombia is Colombian peso.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Colombian peso is COP. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Soacha
When exchanging money in Soacha 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 Colombia 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. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Colombian pesos for a fairer rate and fees. The same applies if you get the option on card machines.
2. Know 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 Colombia banks to avoid unwanted ATM fees. Also try to plan ahead and make as few withdrawals as possible to avoid multiple extra fees.
5. 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.
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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 Soacha. 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.
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.