Best Foreign Exchange Rates in Metro Manila Philippines

July 3, 2011 · Filed Under Remittance, services 

Updated March 8, 2013:

Where can we find the best foreign exchange rates for our dollars, pounds, yens, riyals, etc?

Based on my personal experience and those of people I know and comments I’ve read at online forums, the money changers giving the best foreign exchange rates in Metro Manila are:

  • Czarina Foreign Exchange (has several branches around Metro Manila)
  • Sanry’s Money Exchange (has several branches in Ayala malls)
  • Edzen Money Changer, 1151 Mabini St., Ermita
  • Moromax Money Changer, Robinsons Ermita
  • Tivoli Money Changer (Mabini, Trinoma, Eton Centris)
  • SM Mall Foreign Exchange Counters
  • BDO Banco de Oro

There are times Czarina gives higher exchange rates than Sanry’s; at other times, Sanry’s gives higher rates. But most of the time, their rates are higher than those of SM or BDO.

The one advantage of SM foreign exchange counters and BDO branches inside SM malls is their location. You’re protected by the mall, although you can’t be protected from sophisticated snatchers.

SM and BDO counters, however, are more strict in examining the bills. They want bills in almost perfect conditions. You also have to write the serial numbers of your foreign exchange bills on their slips.

There are other money changers or foreign exchange dealers that also give high exchange rates, but they’re only one branch, so they’re known only in their areas. I bet if you’re receiving foreign remittances monthly, you already know which money changer in your area gives the best exchange rate. My sis-in-law knows which gives the best rate in the Mabini area because she lives near there.

For big amounts of money, it is best to exchange your foreign currencies at money changers inside malls that have banks or cash deposit machines also inside these malls. You’re safer as you walk several steps from the money changer to the bank to deposit your money. Examples are:

Czarina and BPI at Alabang Town Center
Sanry’s and BPI cash deposit machines at Glorietta and Greenbelt and BDO at nearby SM
Moromax and Robinsons Bank at Robinsons Ermita
Moromax and Robinsons Bank at Robinsons Metro East
Sanry’s and Robinsons Bank at Robinsons Galleria

Several branches of Czarina and Sanry’s locations are listed below.

I have NOT seen all the following locations, so please call first if they’re still there or if they’ve moved:

Czarina Hotline: (+632) 811-1875 / (+632) 811-1895 / (+632) 811-1859

Sanry’s Guadalupe branch hotline: (+632) 8121956
Guadalupe branch was Sanry’s first branch

Western Union hotline: (+632) 888-1200
Both Czarina and Sanry’s are Western Union agents.

Here are the branches of Czarina Foreign Exchange:

Makati City

  • 3-027, Glorietta 5 Ayala Center
  • 14th Floor, Unit 1412 Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue corner Paseo de Roxas
  • G-7 Prince Plaza II, Dela Rosa Street, Legaspi Village
  • Makati Cinema Square, Pasong Tamo
  • Unit 103, Ground Floor, Liberty Center Building 104 H.V. Dela Costa Street Salcedo Village
  • Ground Floor, Easton Place, Valero Street, Salcedo Village

Alabang

  • Alabang Town Center (ATC), Madrigal Avenue
  • Cinema Complex, Alabang Town Center (ATC)

Quezon City

  • Ground Floor, New Farmer’s Plaza, Gen. Roxas St., Araneta Center, Cubao
  • Ground Floor, Philam Bldg., Araneta Blvd. cor. Araneta Avenue, Cubao
  • Lower Ground Floor, Ali Mall, Araneta Center, Cubao
  • Lower Ground Floor, Ever-Gotesco Mall, Commonwealth Avenue (2 branches here)

Cainta

Q. Plaza Commercial Complex, Felix Avenue cor. Marcos Highway

Greenhills

CB-06 Plaza Annex Extension, Shoppesville, Greenhills

Here are some of the branches of Sanry’s Money Exchange:

Park Square Drive, Ground Floor, Edsa Mall
Glorietta 1
, Ayala Center
(+632) 8179343

Ayala Center, Goldcrest Glorietta II
(+632) 8921501

2nd Floor, Market Market
Market Avenue Corner Mcarthur Avenue,
Bonifacio Global City
(+632) 8135392

Makro Makati
South Superhighway near corner Buendia or Gil Puyat
Makro Makati Store 14
(+632) 8895090

Cash and Carry
Filmore Street, South Super Highway
Unit GO2B Cash and Carry
(+632) 8177735

Guadalupe
Guadalupe Commercial Complex
Edsa Avenue, Abc-Mf 17-1 GCM
(+632) 8121956

Robinson’s Galleria Ortigas/Edsa

  • Level 1 Galleria Corporate Center (+632) 6327922
  • Level 1 Robinsons Galleria

Greenhills, Ortigas Avenue San Juan

Unimart Inc., Greenhills Shopping Center
(+632) 6327922

GH2-U2 2/F Beauty Central, Lifestyle Bldg.
(+632) 6327922

Greenlanes 168, Greenhills Shopping Center Bldg.
Near KFC Inside Greenhills Shopping Center
(+632) 6327922

Virra Mall Bridgeway 2/F, Greenhills Lifestyle Bldg.
Near Theater Mall
(+632) 6327922

OTHER MONEY CHANGERS in Metro Manila:

At online forums I have visited, these are the money changers they have recommended:

Edzen Money Changer
1151 Mabini Street
Ermita
– near the corner of Mabini and Salas Street, walking distance from the Robinsons Mall area
– be prepared to wait, as usually the line is long

Moromax Money Changer
Level 1, Robinsons Place, Ermita, Manila
– the same rate for smaller bills

Tivoli Money Changer
– Level 2 Eton Centris Station, Quezon Avenue, QC
- 1517 Mabini St., Ermita
- Trinoma QC

Naila’s Money Changer
1741 Mabini St., Malate
– they answer inquiries online via chat at nailasmoneychanger.com
– for buyers of foreign currencies, usually they have these available;  call in advance for faster service

 

Comments

41 Responses to “Best Foreign Exchange Rates in Metro Manila Philippines”

  1. King on March 11th, 2013 2:23 pm

    Meron po ako turklirasi Bin 1000 mgkano palitan nito sa at saan pwede papalitan mayron kc money changer hindi daw sila ngpapalit ng turkey.. bkit hindi sila ng papalit?

  2. Nors on March 11th, 2013 2:49 pm

    Hi King, go to nailasmoneychanger.com and ask your question via their chat. One reason is that there are Turkish bills which have become obsolete. Old bills can be exchanged only at the Turkish central bank, and the rate is not worth the effort (1M old liras = 1 new lira). Turkey issued new bills in 2009. Search online — there are pictures of obsolete Turkish BIN

  3. andrhea nhelia cantila on March 28th, 2013 2:03 pm

    meron po akong bulgarian lev..saan po pwede itong mpalitan? tagal.tagal ko na po nghahanap ng money changer ng bulgarian lev wla pa rin hanggang ngayon..sana po matulungan ninyo ako.

  4. andrhea nhelia cantila on March 28th, 2013 2:21 pm

    meron po akong bulgarian lev..saan po pwede itong mpalitan? tagal.tagal ko na po nghahanap ng money changer ng bulgarian lev wla pa rin hanggang ngayon..sana po matulungan ninyo ako.
    ..ito po tamang email ad ko andrheanheliacantila@ymail.com..maraminga salamat po

  5. Nors on March 28th, 2013 9:08 pm

    Hi andrhea, somebody asked that question at nailasmoneychanger.com in their chat section, but Nailas did not answer. Try emailing the BSP bspmail@bsp.gov.ph if they can help you change that currency.

  6. Queenie dipaling on April 2nd, 2013 10:59 am

    Where can i trade my ven bolivar here in manila please help

  7. Nors on April 2nd, 2013 8:10 pm

    Hi Queenie, I’ve searched online and could not find a money changer changing that currency here.

  8. Jp on April 7th, 2013 1:40 pm

    Pwede bang magpapalit ng euro coins sa money changer?

  9. Nors on April 7th, 2013 6:19 pm

    Hi Jp, there might be money changers that will change your coins. Go to Nailas Money Changer and ask via its Chat section.

  10. Erick on July 2nd, 2013 10:06 pm

    Where Can i exchange my usd to euro?

  11. Erick on July 2nd, 2013 10:07 pm

    What is the best money changer to change my usd to euro? Tnks..

  12. Nors on July 3rd, 2013 7:48 am

    Hi Erick, usually it is the same money changers on the list above. But it also depends on the branch if they have available euros. Usually it is best to call first and ask. You can chat with Nailas at nailasmoneychanger.com

  13. Aileen aguilar on August 28th, 2013 4:16 am

    Hello. Good morning. I have remaining 27usd where can I change it? Because I inquire in western union and they not avail to change my 1usd,5usd,10usd they change only fixed like 50-100-1000usd. Thank you for the response I hope you get my point. :)

  14. Nors on August 29th, 2013 12:11 am

    Hi Aileen, go to those that are purely money changers. The exchange rate is lower, but some money changers change small bills. Western Union is primarily a remittance company.

  15. Romy Bautista on September 3rd, 2013 10:16 am

    Hi! I just want to buy Singapore Dollar worth 3,150. Where can I buy and get the best rate? TY

  16. Nors on September 5th, 2013 9:57 pm

    Hi Romy, try Czarina, or these money changers listed in the article.

  17. Frances on September 13th, 2013 9:41 am

    Hi, I would like to change P35,000 into $1,000 NZD and P25,000 into $625 AUD. Where is the best money changer that has these rates please? Thank you.

  18. Nors on September 13th, 2013 9:59 am

    Hi Frances, call Nailas 525-2307 and Czarina 8486112/8486113/8111859 or visit their websites nailasmoneychanger.com or czarinaforex.com

  19. angel025 on October 3rd, 2013 5:58 am

    where can i exchange mexican peso ? pls help ty.

  20. Nors on October 3rd, 2013 7:31 am

    Hi angel025, call Nailas 525-2307 or mag-chat ka sa nailasmoneychanger.com; sumasagot sila.

  21. meg on October 26th, 2013 1:41 pm

    San po ba pwedeng palitan yung peruvian currency ?

  22. meg on October 26th, 2013 1:52 pm

    Pasagot naman po asap

  23. meg on October 26th, 2013 2:41 pm

    May 10,000 peruvian currency po kasi ako , san ko po pwdeng papalitan ?

  24. Nors on October 26th, 2013 5:30 pm

    Hi meg, visit nailasmoneychanger.com and ask them about that currency via CHAT.

  25. shane on October 28th, 2013 7:41 am

    san po pwede mgpapalit ng omani rial for peso?can you help me…

  26. Nora on October 28th, 2013 10:03 am

    Hi shane, go to nailasmoneychanger.com and ask them via CHAT.

  27. eva on October 31st, 2013 3:45 pm

    hi….pls help naman po,i have turk lirasi bill worth 500,000 saan po pwede magpapalit nito?nag enquire na po kasi ako sa money changer hindi na daw po sila tumatanggap..only small bill lang daw…ano po kaya pwede kung gawin?pls help naman…

  28. Nora on November 1st, 2013 1:01 pm

    Hi eva, have you tried nailasmoneychanger.com? Use their CHAT to ask your question.

  29. Cons on November 18th, 2013 8:10 pm

    hello po mag ta tanong lang po saan po ba pede mag pa palit ng quarter penny dime dollar coin? nag try na po aku sa mga money changer hnd sila tumatanggap ng coins pero po ung iba naman nag papalit sila ng one dollar coin pero half or 50% ang value to peso. salamat po

    at saka nga po pala dinala ko mga US dollar coin sa Philippine National Bank para i deposit ko kasi meron aku account dun pero hnd din po sila tumatanggap ng coins

  30. Nora on November 19th, 2013 5:59 pm

    Hi Cons, ibenta mo na lang online, example sa sulit.com.ph, baka merong interested na collector, lalo na kung older coins yang mga yan.

  31. sharon san jose on December 4th, 2013 8:06 pm

    hy gud eve po…ask ko lng po f available sa czarina ang malaysia ringgit to peso pls.pasagot po pauwi na po kasi ako tnx po…god bless.

  32. Nora on December 5th, 2013 9:20 pm

    Hi Rinah, yes, they change Malaysian ringgit to peso. If you want to buy ringgit, you must call them beforehand and reserve.

  33. stiph on January 9th, 2014 2:59 pm

    where i can change the old 1000 italian lira

  34. gina on January 25th, 2014 11:08 pm

    saan po pwede magpapalit ng dollar check

  35. Nora on January 26th, 2014 10:33 am

    Hi stiph, go to nailasmoneychanger.com and ask them using their CHAT box.

  36. Nora on January 26th, 2014 10:47 am

    Hi gina, ang nag-issue ba ng check ay bank abroad? If abroad, open a dollar account, and then deposit the check. It might take a month before the check clears. Find a bank that requires only $100 dollars to maintain a US dollar account. Kung locally issued at hindi siya cross-check or walang nakasulat na For Payee Account Only, encash mo doon sa bank branch written on the check.

  37. geisha on March 27th, 2014 10:14 am

    Meron din bang Western Union yun pong mga nabanggit nyo sa taas na mga money changers?

    Monthly kasi, e may remittance ako from US, at sinusunod din ng WU kung ano ang US-Peso Forex.

    Nagtanong na ko sa may Czarina malapit sa amin. Ang sabi nila, meron silang WU but di daw sila online, Fax lang daw, maghihintay daw ako ng at least 1 hour. Is this okay or reliable? Mataas kasi palitan nila kesa sa mga RCPI/Ebiz. Ang concern ko e, bakit matagal ata, at saka safe ba na fax lang?

    Thank you so much and more power po sa website nyo.

  38. Nora on March 28th, 2014 11:27 am

    Hi geisha, I found out na yong Western Union agent Ebiz sa Espana near cor Morayta ay okay din ang exchange rate. Ang Czarina kasi wala silang Internet connection so they cannot access WU online directly. What Czarina does is fax your info to their WU partner and it’s the partner that processes your WU – this is the reason that it takes time, especially if their WU partner has a long line of customers in their own outlet. Czarina Alabang Town Center processes WU remittances for about 30 mins; their WU partner is PetNet, although sometimes I think if they’re tinatamad, they say they have no WU form, and they now require a xerox of your IDs. Try Robinsons Bank that has a WU service; usually they give you US dollars if you ask.

  39. carlos on April 17th, 2014 10:38 am

    good day, i’d like to ask if you know a money changing place that can encash my personal check? thank you very much. my personal checking account is from Citibank in the states. 09166101005

  40. Nora on April 18th, 2014 7:47 pm

    Hi carlos, sorry but I think it will be hard finding any one willing to encash a personal check. You know of course that you can deposit that in your dollar bank account here, or to withdraw your money using your atm card. You can also explore using Xoom.

  41. Mandy Palapo on April 20th, 2014 7:34 am

    Where can I buy Korean Won in Marikina or San Mateo, Rizal

Leave a Reply




THANK YOU FOR YOUR COMMENTS .
Please...NO TEXT SPEAK ... it takes time to understand. Thank you.