Exchanging money in Nerja is really easy. But you have to know which site to choose. This is as simple as choosing a tapas bar. There are shops to change money, ATMs and other places. But you have to know which one to choose.
It is important to know that Nerja is a tourist place. For this you should know that there are some ATMs that are designed to earn money with tourists. In Nerja you will find places to change money easily. Some exchange houses offer really low prices and cheap commissions.
Where can I exchange money in Nerja?
I have cash and want to change it into the local currency. For example I have pounds and I want to change to euros. Or change dollars to euros. If you want to make a currency exchange. You can do it in some hotels in Nerja and some exchange houses in Nerja.
Here we leave you some exchange houses and places in Nerja where you can change money in a physical store.
Where can I get euros in Nerja?
If you want to get euros with your credit card or debit card. We recommend you check the conditions of your card. Your bank has commercial agreements with some Spanish ATMs. and maybe you can get money from ATMs, banks and some tourist ATMs.
Exchange pounds to euros in Nerja
In order to explain better. Let’s take the pound as an example. (exchange pound for euros). An exchange rate is the value of your country’s currency compared to another country’s currency. In this case the currency of the United Kingdom with the currency of Spain or the European Union. A great site to check the exchange rate is www.xe.com. You can check the price of buying euros every day in real time. This site tells you how many pounds sterling are equal to one euro. Over the years, this rate has gone up and down, ranging from 0.85 pounds for the purchase of 1 euro.
Commissions for exchanging money in Nerja
This rate €0.85 is what it costs you to buy €1. Nevertheless. This change costs us a commission, the rate that your bank charges you for transferring money between accounts is different. Banks usually add at least 3% to the exchange rate. If we change in a bank or in an ATM. We will always pay more money. Since we always pay commission.
Exchange money in Nerja without commission
Forget it, it is not possible to exchange money without commission. All businesses have to work. And the commission is the cost of the service for the currency exchange.
What is the best way to avoid paying commissions?
Using the card of your country or a travel bank card that does not charge you commission. There is a travel bank card that allows you to withdraw money from the ATM without commission. We haven’t tried it but they speak highly of it. You can see the card here: TRAVEL CARD WITHOUT COMMISSION.
🏧 Withdraw money from an ATM in Nerja
ATM Transactions. Our recommendation is that you use your own credit card from your country to withdraw money from ATMs in Nerja. Travelers pay a 3% fee to use international ATMs. The main advantage of withdrawing money from an ATM is that you receive the real exchange rate when you withdraw your money. (and we know at all times what we are paying in commission)
🤑 Best exchange rate
To get the best exchange rate in Nerja, we advise you to look online for the real exchange rate or the real currency quote.
You can see the real exchange rate on this web page: www.xe.com
An exchange rate is the value of your country’s currency compared to another country’s currency.
This site tells you how many euros they will give us for our pounds. Or how many pounds can we buy with our euros. This guy has been up and down.
🚀 Change money at the best price
We always recommend comparing prices. If you want to exchange money at the best price, we recommend you check the exchange rates in the Nerja exchanges and in the Nerja banks.
Exchange money online
You can also change money online at the best price. There are pages that you can request the currency exchange and they send the money to the hotel in less than 24 hours.
Where can I exchange money in Nerja?
In banks, exchange houses, some offices and hotels. You can consult here.