Trusted Places for Money Exchange in Chiang Mai – 2021 Update

Trusted Places for Money Exchange in Chiang Mai - 2021 Update

One of the key concerns while travelling to a foreign land is converting money to the local currency for a smooth experience. However, you need not worry about it while visiting Thailand. Currency exchange and cash withdrawal are very easy here, especially in Chiang Mai.

There are several banks as well as individual money exchange bureaux operating in the city. You can also withdraw cash from various ATMs/cashpoint using your credit/debit/electron card.

However, to avoid any travel pitfalls and getting stuck, we recommend this guide on the best money exchanges in Chiang Mai to ensure a secure trip. For other tourist-related queries visit https://www.thailandnomads.com/chiang-mai/

Thai Currency

The official currency of Thailand is the Thai Baht and the international code for it is THB. One Baht is divided into 100 satangs. The currency has both coins as well as the note form. The coins come in denominations of 1, 2, 5, and 10 baht, as well as 25 and 50 satang.

The currency notes come in denominations of 20, 50, 100, 500, and 1000 baht. The most commonly used currencies are the 10 Baht coin and 100 Baht note.

For converting money right after arriving in Chiang Mai, you can get it done from any of the exchange counters within the airport. There are no independent money exchangers at the airport and most of them are operated by banks.

However, the exchange rates are not that appealing so we recommend you to use the airport exchanges only when there is an emergency. For the rest of the money, we have curated a list of the top money exchanges in Chiang Mai where you can get your money converted easily and cheaper.

Top 5 Money Exchanges in Chiang Mai

The best Money Exchanges in Chiang Mai are as follows:

1. Super Rich Chiang Mai

It is one of the most renowned names for currency exchange in Thailand. Most of its branches are operational in Bangkok. In Chiang Mai, it has 3 branches: on Loi Kroh Rd, on Ratvithi Rd, and on Charoen Prathet Rd.

It offers the most feasible rates in the whole of Chiang Mai. The Exchange rates of the most popular currencies here are only about 0.3-0.7% lower than the mid-market rates. They charge no commission, so the rate displayed at the money exchange office is exactly the same that you should get.

Contact

Location: 34/4 Loi Kroh Rd, Tambon Chang Khlan, Amphoe Mueang Chiang Mai, Chang Wat Chiang Mai 50100, Thailand
Phone: 053 206 799 (I), +66 53 206 799
Opening Hours:

2. Super Rich Money Exchange

Contact

Location: 25/4 Ratchawithi Road Soi 2, Tambon Si Phum, Amphoe Mueang Chiang Mai, Chiang Mai 50200, Thailand
Phone: +66 (0) 2254 444
Opening Hours: 09:00 to 17:00

3. Metro Money Exchange Chiang Mai

The Metro Money exchange started as a licensed importer and exporter of foreign currency and wholesale money changer in 2007. It has extended its reach to over 165 countries through its network of over 200,000 global agents including banks and non-banking financial companies.

Contact

Location: 63 56 Arak Rd, Tambon Phra Sing, Amphoe Mueang Chiang Mai, Chang Wat Chiang Mai 50200, Thailand
Phone: 082 828 5511
Website: www.metromoneyexchange.com

4. Super Currency Exchange

It is one of the most popular Currency exchanges in Chiang Mai.

Contact

Location: 30/1 Loi Kroh Rd, Chang Khlan Sub-district, Mueang Chiang Mai District, Chiang Mai 50100
Phone: +66 81 530 0727
Opening Hours: 09:00 – 18:005

The most popular money exchange in Chiang Mai-  Super Exchange

5.Mr. Pierre

Contact

Location: 119/2 Thapae Rd Soi 3, Tha Phae Road, Chang Moi, Muang district, Chiang Mai 50300
Phone: 053-275-488, 053-275-489
Opening Hours: 09:00-20:00

Mr. Pierre

Conclusion

Since Money Exchange is an important yet risky proposition, it is important to approach the right agency for secure exchange. You can pick any of the above 5 for a safe experience.

FAQs

1. What do you need to show as proof for currency exchange in Chiang Mai?
You can show any valid photo ID proof such as Passport/Aadhar/Voters ID/Driving License or PAN card.
Generally, the currency exchange commissions amount to 3 per cent. The exchange rates are fairly set according to the central bank daily published rates, although the banks might offer less-favourable rates for exchanging cash or traveller’s cheques.
All the cards issued by any of the major international banking networks are accepted at the ATMs.
Most Thai banks charge a 200 baht fee per withdrawal when you use their ATMs with a foreign card.

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