Best Foreign Exchange Rates in Metro Manila Philippines

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 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)


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


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 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


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

Edzen Money Changer
1151 Mabini Street
– 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
– for buyers of foreign currencies, usually they have these available;  call in advance for faster service


Add a Comment
  1. Hi san po ako pwedeng magpapalit ng romanian leu or ron money ichachange ko po sya ng peso?

  2. Hi cairi, I think naila’s is one of those that change a lot of currencies, so if naila’s does not want to change brazilian real, then the others might not want to change too. Will add to this if I find something

  3. Hi san aq pwede magpapalit ng 100 baisa? And it took currency symbol is omr. Anu diff ng baisa sa omr?. Tnxs in advance

  4. Hi dan, try asking your question at the chat box of If they don’t accept your currency, then I think most other money changers will not change your currency.

  5. Hi Dan, most money changers change even 5-dollar, 10-dollar or 20-dollar bills, but they give lower rates for small bills.

  6. Hi loidz, I think they can change a reasonable amount, depending on how much dollars they have at the time you transact with them. But they might ask for more IDs or you might be required to fill up a form if you exchange more than US10,000 — this is to comply with the money laundering policy regarding transactions worth 500k pesos or more per day. Other money changers offering good exchange rates do not ask customers to fill up a form, so a customer can change up to the money changer’s limit, then line up again for the rest of his dollars. But you are right to exchange your dollars inside the mall as it is relatively safer there.

  7. Good day! We have a cross check from US. Is it possible to find someone with dollar account then we deposit the check and get the cash later on? Or do we need to open a new dollar account same name with that on the cheque?

  8. Hello. San po ba nagpapapalit ang money exchange business ng dollar o peso? Balak ko kasi mag forex in big amount pero in actual sa money exchange shop talaga. Ex I bought dollar in 44.50 morning then pag tumaas agad example 44.60 sell it. Pwede ba un? Thanks

  9. Hello.i recently had money exchange for 2500dollars at sanrys.the teller told me it was 2400 only.i have a list of the serial numbers of the dollars because I just withdraw it from the there a way sanrys can check the serial numbers they have?i trusted the teller that I forgot to count my money again in front of her.i was sure I had 2500 that time that I even I asked my bank if there was a mistake in the amount they gave me.

  10. Hi Cecilia, I’m sad to come to know of your experience. I wish you have insisted that you gave 2500 that exact time you were there so they will check and recheck. Yes, you can go there again and talk with the teller again, ask them if their balancing resulted in an excess of $100. You can also ask if they write the serial numbers of currencies they accept and issue. But I think money changers don’t write serial numbers, I’m not sure though. At Czarina’s ATC where I usually changed mine, it seems they’re so fast in accepting/giving out currencies, so I think they’re not writing serial numbers, but I’ve never experienced being shortchanged.

  11. Where can I change MOP to PHP, where the rate is 1MOP to 5+PHP. It’s 5.7PHP when I went to Macau. I wish I won’t lose so much. I’ll change 11000 MOP. Thanks

  12. Hi Aries, sorry I don’t know which money changer gives the best rate for MOP. gives a low rate for MOP: 4.20 . Try czarina or sanry’s, as these are the ones offering higher US dollar rates.

  13. Hi Nora, where do you think I can exchange Ukraine money (UAH) to Php? Aside from naila’s. Their rate is a bit low. Thanks in advance. Pls reply asap.

  14. San po pwde magpqpalit ng singapore dollar coins almost 1k kasi to sa peso pag pinalitan sayang nmn

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