During a visit to a foreign country, you should have basic knowledge about the valid currency of their country. For instance, if you’re planning a trip to the UK then you must know their acceptable currency is Dollars. Similarly, if you are thinking about visiting Dubai, then you will have to convert your currency into Dirham. Only then you be able to go through any of the transactions in Dubai City. In addition to this, you must be aware of the places where you can exchange your currency in Dubai City.
Before we get into the list of places you can go for the currency exchange, you must know the current exchange rate of Dirham with your country. Now, we can move further with the currency exchange, read the given details below.
Where to exchange Currency?
Let’s commence with the main point of our blog about the places of currency and money exchange in Dubai.
Dubai Mall
The exchange here will work at the same time as of the Dubai Mall.
| Pros | Cons |
| Availability of several exchange options | During the peak shopping hours, you’ll find quite a rush in the mall. |
| If you are already on the way to shopping then it is easier to go for currency exchange. | |
| For convenience, it can even be extended by a few hours. |
Dubai International Airport
You can go for currency exchange at the International Dubai Airport at any time of the day.
| Pros | Cons |
| Availability of Travel convenience to the Dubai Airport throughout the day. | Rates are usually less favorable than the market. |
| Several currency exchange counters on the Airport Terminals | During the peak time, the place can be a bit crowded. |
ATMs
Exchange your money into Dubai currency through the available ATMs of the city, operating 24/7.
| Pros | Cons |
| Available in almost all parts of Dubai | For International Withdraws you might have to pay high bank fees. |
| Ideal to withdraw cash instantly | Not suitable for executing small transactions |
Which Dubai Mall offers Currency Exchange?
The easiest way to exchange money in Dubai City is to visit the established currency exchange in Dubai. You must be thinking about how can one exchange currency in a mall, it is just a place for shopping. But no, Dubai is not just a shopping place. Some of the shopping malls in Dubai also comprise exchange houses to facilities for the tourists. For instance, the well-known Dubai Mall has over ten exchange bureaus. The names of some popular exchange branches are:
- Al Ansari Exchange
- Al Fardan Exchange
- Al Ghurair Exchange
- LM Exchange
- Orient Exchange
Do you know what this means? If you’re planning to visit the mall for shopping, then stop by these places for the currency exchange. Another benefit of this place is its extended hours of currency exchange operating timings. Generally, the exchange houses in the malls operate during the operating hours of Dubai Mall. You can even exchange currencies in the late evening which is quite convenient for the people.
Airport Exchange vs Other Exchanges
- 24/7 availability – Have you seen the airport being closed at any hour of the day? No right? Therefore, the exchanges at the Dubai International Airport are an ideal place for tourists to exchange their money. As soon as your plane lands, go into the queue of airport currency exchange.
- Convenience for Tourists – In case you need cash right after landing in Dubai, then Airport exchange is your go-to solution. Before you book your cab or hotel, make sure you have enough money to pay them off.
- Exchange Rate – In some situations the currency exchange rate given at the airports is quite unfavorable. Though we agree that exchanging currency at the Airport is the most ideal and convenient way its rate can be a drawback for you. Therefore, to begin your tour initially, we’d advise you to exchange the money for a small amount only at the airport.
Using International Cards in Dubai
A tourist can also use their International Cards such as Visa, Mastercard, and American Express. You can pay with this card at some of the Dubai Shops, restaurants, and hotels as well. However, you must keep one thing in mind the bank may charge a transaction fee for International transactions. Usually, this fee includes a fixed rate of charge and some percentage of your transaction amount. Hence, paying with your credit card can be quite costly during the trip. Also, if you use your card then, you will be provided with two options, either to pay in Dirham or to pay in your home currency. In this situation, you must always opt for the Dirham. This will help you avoid any hidden extra charges from the bank.