Master with Exis Exchange the best tips for exchanging foreign currency.
Exis Exchange is one of the best exchange houses in Fuengirola. We have many years of experience in currency exchange in Malaga (Spain).
If you want to change US Dollars to Euros in Fuengirola we are the answer. Our offices are located in the heart of Fuengirola.
Our exchange bureau is located at Calle Lamo de Espinosa number 5 in Fuengirola. Click here to see how to get to our Fuengirola Money exchange.
Our extensive experience in exchanging foreign currency, in addition to being a guarantee for all our clients, allows us to offer you these five tips for exchanging currency in Fuengirola.
1/ Plan ahead
If you can plan ahead, it's best to avoid rushing to change. We highly recommend researching online first.
This way it will be easier to find the best exchange houses. where you are going to stay.
2/ Avoid exchanging currency at airports
If we don't have time and need foreign currency before our trip, it can be tempting to obtain foreign exchange at an airport kiosk. These places offer convenience, but their exchange rates are often much less favorable than a local exchange house.
Normally when exchanging money at the airport we are usually charged higher rates. These fees are often hidden within the lower exchange rates they offer to convert your dollars to euros, pounds to euros, or another currency.
If you're traveling on short notice and need some foreign currency for your destination airport or a taxi, then it might be worth paying the extra costs for convenience.
3/ Avoid commissions
Currency exchange fees are a thing of the past. For this reason, there is no commission on Exis Exchange exchange house.
It is important to find out before changing pounds to euros or euros to dollars, that the operation will not be subject to a commission.
The reason is that a 2% commission may seem small but if you want to change 1000 British Pounds to Euros you will be losing a significant 20 Pounds. An amount equivalent to a meal or several drinks at your favorite Fuengirola pub.
4/ Pay in local currency
Some merchants will allow us to choose whether we want to pay our purchase in the local currency or in a hard currency such as British Pounds, Euros, or US Dollars.
This may seem advantageous to us but it is usually the trader who wins.
If you ever find yourself in this situation, you should always choose to pay in the local currency. If you choose to pay in dollars, you will be charged an additional currency conversion fee. You are also likely to get a low exchange rate.
5/ Use your debit or credit card at the exchange house
Some exchange houses allow their customers to use their debit or credit cards to exchange currency.
The reason is due to the fact many customers when they arrive at their destination country, choose to keep their cash in foreign currency. Therefore they try to make payments with their credit or debit cards as much as possible.
But this can raise another problem: foreign transaction fees. Depending on the bank and the card, it may charge a foreign transaction fee of up to 3% on every purchase in other countries.
So many travelers find themselves with the unpleasant surprise that they have received an extra charge of 3% for each purchase they have made while traveling abroad.
In Fuengirola it is effortless to change foreign currency with your credit or debit card, you just have to come to Exis Exchange.
