Planning a trip anywhere worldwide requires knowledge about its currency and exchange rates. Fortunately, changing your homeland’s currency in Dubai is relatively easy. You can do it conveniently as per your feasibility.
Whether you are a tourist visiting the city for fun or an expat living here for business and work, the exchange is fairly easy. Besides, you will find at least one store for money exchange in Dubai within every neighbourhood.
Let’s explore the list of some popular services for money exchange in Dubai. They offer hassle-free currency exchange and other services.
- Redha Al Ansari Exchange
- Sharaf Exchange
- Al Fardan Exchange
- GCC Exchange
- Al Razouki International Exchange
- LuLu Exchange
- Al Rostamani International Exchange
- Banks for Money Exchange in Dubai
- FAQs
Money Exchange in Dubai – List of Popular Companies
Dubai is the hub of tourism and business in the UAE. You need cash in UAE’s local currency to carry out most activities and visit places in Dubai. Here’s a list of the most popular stores for money exchange in Dubai:
1. Redha Al Ansari Exchange
Redha Al Ansari is a leading foreign money exchange in Dubai with multiple branches across the UAE. It was one of the first money exchanges and transfers in Dubai and now has over 22 outlets in the city.
Their first registered office began services in 1979 and the company has grown tremendously since then. They offer financial solutions, including money transfers, foreign exchange, and remittances.
Their services include:
- Global Remittance
- Instant Money Transfers
- Yellow Pay – WPS Solutions
- Cooperate Money Transfers
Contact
600 54 1118
2. Sharaf Exchange
Whether you are travelling for a vacation or coming to Dubai, Sharaf Exchange, LLC is a perfect choice for money exchange. It was established in 1996 as part of Sharaf Group, a famous business tycoon in the UAE.
After a decade in business, the company offers competitive foreign currency rates while maintaining the highest service standards. A Sharaf Exchange Centre is located on every high-end street, in major malls and at Dubai International Airport.
It is also associated with all leading banks in UAE and other emirates that offer the best services to their customers. Their services include:
- Cooperate/Personal Remittances
- Buy Back Guarantee
- Ancillary services
- Paychecks
Contact
+971 4 355 4560
3. Al Fardan Exchange
Al Fardan Exchange, part of the Al Fardan Group since 1954, has grown from pearl trading to a trusted financial services provider. It has over 85 branches across the UAE and ties to 150+ global banks and institutions.
They deliver secure and reliable transactions, proudly serving the diverse community. Apart from money exchange, the services provided by Al-Fardan include:
- Airline Ticket Booking
- Credit Card Payments
- Money Transfers
- Bank Deposits
- Saving Schemes
- WPS (Wage Protection System) and Payroll Services
Contact
600 52 2265
4. GCC Exchange
GCC Exchange started with a single branch in Dubai and has expanded to over 16 branches across the UAE. It collaborates with five international companies in the UK, Singapore, Hong Kong, Seychelles, and Fiji.
GCC Exchange ensures all branches are well-stocked with foreign currencies, providing retail and wholesale currency services at highly competitive rates. The company offers corporate clients a free pickup and delivery service, enhancing transaction convenience.
Additionally, GCC Exchange is linked to over 32 major banks worldwide through SWIFT. It enables secure and efficient electronic money transfers on a global scale. Their main services include:
- Worldwide Remittance
- Instant Money Transfers
- Telex Transfers
- Vat Payments
- Pension Processing
- Bank Deposits
Contact
+971 4 256 6686
5. Al Razouki International Exchange
Established in 1981, Al Razouki Exchange is a renowned non-banking financial organisation and a leading name in the financial services sector. It specialises in Foreign Exchange, Global Money Transfer, and Salary and Wage Administration.
The company is licenced by the Central Bank of UAE and is recognised as one of the top 10 most trusted exchange companies in the UAE. It operates 25 branches across the country and serves customers reliably and efficiently.
Their other services include:
- Global Remittances
- Credit Card Payments
- Mobile Recharge
- Utility Bill Payments
- Airline Ticket Payments
- WPS Solutions
Contact
+971 4 388 5803
6. LuLu Exchange
You might know about the LuLu Hypermarkets in Dubai, but did you know they also have exchange centres inside all their hypermarkets? It is true! In addition to its presence in LuLu Hypermarkets, LuLu Exchange can be found in many convenient locations across Dubai.
With over 140 branches across the UAE, including several in Dubai, they offer competitive exchange rates. They also provide a range of financial services, ensuring your convenience is always the priority.
Other services offered by LuLu money exchange in Sharjah are:
- Remittance
- Foreign Currency Exchange
- Credit Card Payments
- Import and Export of Currencies
- DEWA bill payments
- Travel Services
- Bank Transfers
- VAT Payments
Contact
600 52 2204
(Timings: Monday to Sunday: 08:00 am – 10:00 pm)
7. Al Rostamani International Exchange
Starting from a single office in Deira, Dubai, Al Rostamani International Exchange has grown into one of the top money exchange centres in the UAE. The company is backed by Al Rostamani Group.
It benefits from expertise across various sectors. These include Financial Services, Automobiles, Travel and Holidays, IT and Communication, Construction and Contracting, Turnkey Electrical Power Projects, Real Estate and General Trading.
Al Rostamani International Exchange offers the best currency exchange rates. It handles the buying and selling of all major international currencies. Other than that, ARIE also offers the following services:
- Retail Remittance
- Wholesale Currency
- Commercial Foreign Exchange
- Travelers Cheques
- WPS and Payrolls
Contact
600 540 004
Banks for Money Exchange in Dubai
Other than money exchange centres, many banks in Dubai also offer foreign currency exchange services. Some of them are listed below:
- Emirates NBD
- Mashreq Bank
- Abu Dhabi Commercial Bank
- Dubai Islamic Bank
- Commercial Bank of Dubai
FAQs
Before leaving Dubai for any country, it is better to exchange your currency, as you will get better exchange rates.
The current currency exchange rate for US Dollars in Abu Dhabi is $1 = 3.6725 and for Euros, it is 1€= AED 3.995.
There are many good money exchange options in the UAE. Still, companies like Sharaf Exchange and Al Rostamani International Exchange (ARIE) provide the best currency exchange rates for Dirhams to any major currency.
This concludes the list of top choices for money exchange in Dubai. Remember to check the current exchange rates for popular destinations before buying or selling foreign currency in the UAE.
If you are an expat and want to open a bank account in Dubai, you can learn how to get one and apply for a visa card in the UAE.
