Where to exchange money in Soweto
Before you set out exploring in Soweto, 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 Soweto that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Where to exchange money in Soweto
Before you set out exploring in Soweto, 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 Soweto that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Spend abroad without hidden fees
Currency exchanges in Soweto
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 Soweto 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 |
|---|---|---|
| Kuvuki Traders | 871 Dzana St, Soweto, 1863, South Africa | +27 73 939 5070 |
| Flexible Solution | JOHANNESBURG SOUTH, SOUTH AFRICA,2779 SOWETO PIMVILLE, African, 2001, South Africa | +27 78 625 5594 |
| Zwane Financial Services | 5722 Botani St, Emdeni South, Soweto, 1861, South Africa | +27 69 119 5046 |
| M.E. Cash Store | 2, 10523A Carr St, Orlando West, Johannesburg, 1803, South Africa | +27 11 939 3911 |
| American Express | Shop No. LM138A, Clearwater Shopping Centre, Hendrik Potgieter Rd, Roodepoort, Johannesburg, 1724, South Africa | +27 11 475 9464 |
| Maponya Mall | 1809 Chris Hani Rd, Klipspruit, Soweto, 1862, South Africa | +27 11 938 4448 |
| Undercover billionaire | 15street Avnue, Urban, Rietvallei, Krugersdorp, 1753, South Africa | +27 67 672 8086 |
| Travelex | 2000 Cedar Rd, Zonnehoewe AH, Johannesburg, 2000, South Africa | +27 11 467 3878 |
| Livelife | 415 Mzinyane St, Mofolo North, Soweto, 1801, South Africa | +27 60 456 4146 |
| Jabulani Mall | 2601 Bolani Rd, Jabulani, Soweto, 1868, South Africa | +27 11 930 3333 |
| Cash Converters Eyethu | Shop 24, Eyethu Shopping Centre Cnr Tshabalala St, and, Machaba Dr, Mofolo Central, Soweto, 1801, South Africa | +27 10 753 1135 |
| Siya Mr Manager | Zone, Ndofaya, Mmesi Park, Soweto, 1852, South Africa | +27 67 702 6715 |
| CALTEX JABAVU | Mlangeni St, Jabavu, Soweto, 1809, South Africa | +27 71 961 6128 |
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
When you're in Soweto, and also the rest of South Africa, the official currency is the South African rand.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the South African rand is ZAR, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Soweto
You can follow a few simple tips which could help save money when exchanging currency in Soweto. By increasing your awareness you can be better prepared for currency exchanges wherever you are.
1. Beware of 'zero fee' services
Some services will claim 'no commission'. This can be misleading as they will often have hidden a markup by offering you a worse exchange rate.
2. Know the current exchange rate
Be familiar with the current exchange rate to help identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
The convenience of exchanging currency at airports and hotels often comes at a price. That price will come as poor exchange rates and high transaction fees. Try to use this as a last resort.
4. Avoid scams
Be cautious of street vendors or unofficial exchange services that may offer seemingly attractive rates. Stick to recognised establishments to avoid falling victim to scams or fraudulent practices. Your financial security should always be a top priority.
5. Opt for local currency
When using an ATM abroad, pick the option to be charged in South African rand for a fairer rate to avoid undisclosed exchange rates. Picking the local currency will almost always be cheaper.
Consider an alternative to physical currency exchanges
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 account details in 9 currencies.
Other currency exchanges
Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in Soweto. 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.