Where to exchange money in Jeddah
Are you heading to Jeddah? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Jeddah that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Where to exchange money in Jeddah
Are you heading to Jeddah? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Jeddah that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Spend abroad without hidden fees
Currency exchanges in Jeddah
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Jeddah.
One reminder, though: there’s no such thing as fee-free or 0% commission foreign exchange transactions. So, always check the mid-market exchange rate in advance, so you know how much your money’s worth.
| Money Changer | Address | Contact Information |
|---|---|---|
| Kaaki exchange كعكي للصرافة | شارع Prince Saud Al Faisal, Al Khalidiyyah, Jeddah 23423, Saudi Arabia | +966 12 606 0723 |
| الشرهان للصرافة فرع القدوم جدة Sharhan Exchange | King Abdulaziz International Airport, Jeddah 23635, Saudi Arabia | +966 800 304 4002 |
| Alamoudi Exchange Co. | حي, 9360 طريق المدينة المنورة الفرعي, Al Andalus, Jeddah 23326, Saudi Arabia | +966 800 124 0525 |
| Alamoudi Exchange | الملك عبدالعزيز، Al-Balad, Jeddah 22233, Saudi Arabia | +966 9200 08292 |
| Abdullah Alamoudi Currency Exchange | Mohammed Ibn Abdulaziz Mosque, الروضة، جدة 23432, Saudi Arabia | +966 12 263 1799 |
| Ben Yaala Exchange Company | Qabel Trail, Al-Balad, Jeddah 22233, Saudi Arabia | +966 800 111 1008 |
| Mohammad Hasan Yala Sons Exchange Co- | طريق المدينة، اسواق المساعدية، رقم 1، Al-Hamra'a, Jeddah 23324, Saudi Arabia | +966 800 111 1008 |
| الملطاني للصرافة - Malatani Money Exchange | Hira St, حي النهضة, Jeddah 23523, Saudi Arabia | +966 12 234 4638 |
| Al Amoudi Exchange | طريق المدينة المنورة، في مركز قريش التجاري، Qouraish, تقاطع، Jeddah 23531, Saudi Arabia | +966 800 244 0363 |
| الشرهان للصرافة فرع المغادرة جدة Sharhan Exchange | بوابة 28، صالة المغادرة، King Abdulaziz International Airport, Jeddah 23635, Saudi Arabia | +966 800 304 4002 |
| Alamoudi Exchange | King Abdulaziz International Airport Northern Terminal for Foreign Airlines, King Abdulaziz International Airport, Jeddah 23721, Saudi Arabia | +966 9200 08292 |
| بامعوضة للصرافة | البلد Sharbathili Building, Gold Souq، F5MM+HP5, Al-Balad, Jeddah 22233, Saudi Arabia | - |
| Tahweel Al Rajhi | F5MM+VH2, King Abdulaziz, Al-Balad, Jeddah 22233, Saudi Arabia | +966 9200 00084 |
| ارسال لتحويل الاموال | At Tilfizyun St, Al Mahjar, Jeddah 22413, Saudi Arabia | +966 800 111 1663 |
| Fawri | G52V+MC As-Samer, البغدادية الشرقية، جدة 22241, Saudi Arabia | +966 9200 06666 |
| Fawri Money Transfer Service | 6658 Abdul Rahman Ibn Ahmad As Sidayri, As Salamah District Jeddah 23436 3718 Abdul Rahman Ibn Ahmad As Sidayri, 3718, As Salamah District, Jeddah 23436, Saudi Arabia | +966 11 562 3464 |
| Fawri | F5PM+69 As-Samer, البلد، جدة 22233, Saudi Arabia | +966 9200 06666 |
| Tahweel Al Rajhi | H5CJ+M64، Sitteen Street، Al Faisaliyyah, Jeddah 23442, Saudi Arabia | +966 9200 00084 |
| Tahweel Al Rajhi | H6VQ+96G, Al Samer, Jeddah 23462, Saudi Arabia | +966 9200 00084 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Saudi riyal rate today
The accepted currency in Jeddah and across Saudi Arabia is the Saudi riyal.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the Saudi riyal is SAR. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Jeddah
When exchanging money in Jeddah or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Saudi Arabia long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in Saudi Arabia banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Saudi riyals for a fairer rate and fees. The same applies if you get the option on card machines.
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Other currency exchanges
Bottom line
As you can see, there’s no shortage of options when it comes to exchanging money in Jeddah. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.