Where to exchange money in Tenerife
If you’re planning a trip to Tenerife, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Tenerife. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location
Spend abroad without hidden fees
Currency exchanges in Tenerife
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 Tenerife 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 |
|---|---|---|
| Quickgold Tenerife (Santa Cruz) - Compro Oro | Money Exchange | Rbla. de Pulido, 9, 38004 Santa Cruz de Tenerife, Spain | +34 922 53 67 65 |
| Premier Money Exchange Los Cristianos | TF-655 Edificio Cerromar, Opposite Summerland, C. Boston, 38650 Los Cristianos, Santa Cruz de Tenerife, Spain | +34 629 15 22 96 |
| Ciber Olympo | Pl. de la Candelaria, 1, 38003 Santa Cruz de Tenerife, Spain | +34 922 29 63 52 |
| Giftexcursions S.L | Calle Bruselas , Centro Comercial fanabe ,, Local 233, 38660 Costa Adeje, Santa Cruz de Tenerife, Spain | +34 922 72 40 35 |
| Ria | C. Noelia Afonso Cabrera, 4, local 108/2, 38650 Playa de la Américas, Santa Cruz de Tenerife, Spain | +34 658 66 03 62 |
| Currencies Direct (Currency Exchange) | Los Seres, C. Oregon, 5, 38650 Los Cristianos, Santa Cruz de Tenerife, Spain | +34 922 97 17 81 |
| EUROPHIL Zona Tenerife - Envío de Dinero - Oficina de Cambio de Divisas - Change Dollar | Av. la Salle, 22, 38005 Santa Cruz de Tenerife, Spain | +34 922 21 13 92 |
| Western Union | C. Noelia Afonso Cabrera, 4, local 108/2, 38650 Playa de la Américas, Santa Cruz de Tenerife, Spain | +34 658 66 03 62 |
| EUROCAMBIO | C. Quintana, 22, 38400 Puerto de la Cruz, Santa Cruz de Tenerife, Spain | +34 922 38 37 61 |
| Tovetotenerife sl (Zona Tome cano-Estadio S/Cruz) Cyberlocutorio,Western,MGram,Ria,Europhil,Titanes,Smallworld ENVIOS Y PAGOS | C. Heliodoro Rodríguez López, 7, 38005 Santa Cruz de Tenerife, Spain | +34 922 59 56 81 |
| MoreDel | C. Pi y Margall, 38003 Santa Cruz de Tenerife, Spain | +34 922 03 59 92 |
| Cash Converters | C. de la Rosa, 14, 38002 Santa Cruz de Tenerife, Spain | +34 922 29 09 57 |
| Western Union | Av. de la Constitución, 23, LOCAL 7, 38670 Adeje, Santa Cruz de Tenerife, Spain | +34 602 87 32 48 |
| Ria | Av. Santiago Puig, 5, local 14, 38650 Playa de la Américas, Santa Cruz de Tenerife, Spain | +34 697 33 53 63 |
| Santa Cruz de Tenerife Port | Spain | - |
| Ticket Box (Barranco) | Av. Santiago Puig, 3, 38650 Playa de la Américas, Santa Cruz de Tenerife, Spain | +34 644 53 90 19 |
| money exchange | Carr. Gral. Tf-655, 38650 Arona, Santa Cruz de Tenerife, Spain | - |
Euro rate today
The currency used in Tenerife, as well as the rest of Spain is Euro.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Euro is EUR. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Tenerife
Before exchanging money in Tenerife 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 Spain 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 Spain 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.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Tenerife. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
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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