Where should I exchange euros to rubles? [duplicate]

Where should I exchange euros to rubles? [duplicate] - Banknote Lot

Where should I exchange euros to rubles once I arrive in Russia (Example: Moscow (at any of the three airports))? Is there a special place directly at/near the airport that takes care of this?

Or

Should I exchange euros to rubles while in home country (France).

It was mentioned on this site that:

It's better to change USD or Euro in banks, it's more safer. At the airport there`s not best rates.

Is that even true?

Or

Can my visa card withdraw rubbles at an ATM in Russia?



Best Answer

The cheapest and safest way would be to exchange in a Russian bank. To find a best rate go to: http://quote.rbc.ru/cash/#!/?sortf=BID&sortd=DESC&city=1&currency=2&summa=&period=60&pagerLimiter=70&pageNumber=1

Here you will find current rate for EUR/RUB in each branch, with info like address, phone and operating time. Rates can be updated hourly. Right now you can even find rate +0.5% (to the Forex price) So, no fees at all. You can't find such a good rates in France.

You can search for other currencies and you can search by a location (metro station) to find a close point to you.

Don't forget your passport with you.

It's better to change USD or Euro in banks, it's more safer. At the airport there`s not best rates.

That's true.

Can my visa card withdraw rubbles at an ATM in Moscow?

Yes, it works. Check rates with you bank card issuer. Usually 1-3% plus a minimum fee about 3 EUR, and maximum withdraw of equivalent 300/500/1000/3000 EUR.

P.S.: There is also another site, where you can also check current bank rates for currency exchange: http://www.banki.ru/products/currency/cash/Moskva/#currency_sort=978




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Where should I exchange euros to rubles? [duplicate] - Person Holding 10 and 10 Euro Banknotes
Where should I exchange euros to rubles? [duplicate] - Two 20 and One 10 Euro Banknotes
Where should I exchange euros to rubles? [duplicate] - Six 10 Euro Banknotes



Does it matter where you exchange currency?

Key Takeaways. Currency exchange shops and kiosks in airports are not the best places to exchange money. For the best rates, try a local bank or a bank ATM to make your currency exchanges.

Where is the best place to exchange your money?

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

Where can I exchange old foreign currency?

Summary: Where to exchange currency in the U.S. and abroad
  • Before your trip, exchange money at your bank or credit union.
  • Once you're abroad, use your financial institution's ATMs, if possible.
  • After you're home, see if your bank or credit union will buy back the foreign currency.


What banks buy back foreign currency?

15 banks that exchange foreign currency
  • America First Credit Union: Credit union members may visit select branches to exchange up to $5,000. ...
  • Bank of America: Bank of America customers may exchange up to $10,000 online or over the phone. ...
  • Citibank: You can call or visit a branch to exchange over 50 types of currency.




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More answers regarding where should I exchange euros to rubles? [duplicate]

Answer 2

Do it at a bank and not russian. There is Chase and some German banks in Moscow. Their rates are not so bad.

You might come across currency exchange places, but their rates are not so good as from international banks.

The worst you can do is exchange your money at the airport.

Answer 3

This question was already asked some time ago.

It's probably best to exchange a small sum of money, just enough for a single day, at the airport. To find the best exchange rate near the place you'll be staying you may use the service mentioned in this answer (along with google translate). Or just ask someone in your hotel where the closest exchange is.

What is the best way to change money in Moscow?

Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

Images: Pixabay, cottonbro, Dom J, Dom J