Where to exchange money in Yueyang
Are you heading to Yueyang? 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 Yueyang 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.
Spend abroad without hidden fees
Currency exchanges in Yueyang
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 Yueyang 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 |
|---|---|---|
| State Administration of Foreign Exchange Yueyang Center Branch | 218 Yun Meng Lu, Yue Yang Lou Qu, Yue Yang Shi, Hu Nan Sheng, China, 414000 | +86 730 822 3941 |
Chinese yuan rmb rate today
The accepted currency in Yueyang and across China is the Chinese yuan rmb.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the Chinese yuan rmb is CNY. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Yueyang
Before exchanging money in Yueyang 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 China 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 China 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 Chinese yuan rmb for a fairer rate and avoid undisclosed exchange rates and additional fees.
Money exchange at the tip of your fingers
Out with carrying only cash when you're abroad. The world has gone digital and so can you.
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
As you can see, there’s no shortage of options when it comes to exchanging money in Yueyang. 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.