Where to exchange money in Taipei City
Are you heading to Taipei City? 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 Taipei City 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 Taipei City
If you have a need to use cash, here are some recommendations to exchange foreign currency in Taipei City.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
| Money Changer | Address | Contact Information |
|---|---|---|
| CoinWorld 加密貨幣實體交易 台北大安店 | No. 2號, Lane 101, Tonghua St, Da’an District, Taipei City, Taiwan 106 | +886 2 2732 4122 |
| Bank of Taiwan Foreign Currency Exchange Dept | No. 120號, Section 1, Chongqing S Rd, Zhongzheng District, Taipei City, Taiwan 100 | - |
| Bank of Taiwan Foreign Exchange Counter | DunHua N Rd, Songshan District, Taipei City, Taiwan 105 | - |
| U Like U來客 台北饒河分店 | No. 841號, Section 4, Bade Rd, Songshan District, Taipei City, Taiwan 105 | +886 2 5578 4540 |
| CoinWorld 加密貨幣實體交易 台北林森北店 | No. 77之1號, Lane 85, Linsen N Rd, Zhongshan District, Taipei City, Taiwan 104009 | +886 2 2562 9660 |
| COINSHA | 105, Taiwan, Taipei City, Songshan District, Section 3, Minsheng E Rd, 129號8樓806室 | +886 2 2715 1717 |
| Shin Kong Mitsukoshi Taipei currency exchange | Shin Kong Life Tower, Zhongzheng District, Taipei City, Taiwan 100 | - |
| Jih Sun International Bank ATM | No. 111號, Section 2, Nanjing E Rd, Zhongshan District, Taipei City, Taiwan 10491 | +886 2 2504 7688 |
| 幣託集團 BitoGroup | No. 16號, Section 4, Nanjing E Rd, Songshan District, Taipei City, Taiwan 105 | +886 2 8666 8968 |
| Taipei Fubon Bank Chengzhong Branch | No. 9, Xiangyang Rd, Zhongzheng District, Taipei City, Taiwan 100 | +886 2 2388 5889 |
| Central Bank of the Republic of China (Taiwan) | No. 2, Section 1, Roosevelt Rd, Zhongzheng District, Taipei City, Taiwan 100 | +886 2 2393 6161 |
| U來客 U-like實體幣所 台北中山店 | 104, Taiwan, Taipei City, Zhongshan District, Section 2, Bade Rd, 74號1樓 | +886 970 605 318 |
| Chang Hwa Bank | No. 201, Section 2, Bade Rd, Zhongshan District, Taipei City, Taiwan 104 | +886 2 2731 2211 |
| CoinWorld 加密貨幣實體交易 板橋華江店 | No. 37號, Huajiang 1st Rd, Banqiao District, New Taipei City, Taiwan 220025 | +886 2 2254 7825 |
| BRI Taipei Branch (印尼商印尼人民銀行台北分行) | No, No. 166, Section 3, Nanjing E Rd, Zhongshan District, Taipei City, Taiwan 10491 | +886 2 2721 6330#609 |
| Western Union | 8f No 167 Dunhua N Rd, Dist, 松山區台北市 Taiwan 10566 | +886 2 8712 6369 |
New Taiwan dollar rate today
When you're in Taipei City, and also the rest of Taiwan, the official currency is the New Taiwan dollar.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the New Taiwan dollar is TWD, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Taipei City
When exchanging money in Taipei City 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 Taiwan 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 New Taiwan dollars 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 Taiwan 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.
Money exchange at the tip of your fingers
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With a Wise account you can exchange currency at any time, almost everywhere in the world.
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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 Taipei City. 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.
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