Question

Where is it most profitable to exchange money in Phuket?

Insider's Response

The best exchange rates can be found at official currency exchange offices. They are located on all major tourist streets in Phuket. Interestingly, in less touristy areas, the rates may actually be even better. Keep in mind that small-denomination bills are often exchanged at a lower rate, and damaged, taped, or heavily wrinkled notes may be refused altogether.

An even easier option is to use trusted exchange services like Arbi. You can do it from home via their Telegram bot at this link. The service is transparent and reliable.

You can read more details about currency exchange options in our Money Exchange section.

Unfortunately, tourists are not immune to scams and financial tricks. To stay safe, check out our articles on Common Scams in Phuket and How to Avoid Scams in Phuket?. Don’t let anyone fool you!

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