Dubai is a global tourist destination that showcases a unique blend of modernity, cultural tradition, natural landscapes, and outdoor activities. So traveling to Dubai can be an exciting adventure. However, being a tourist is not free of cost. Money is a necessity to have a comfortable experience. Given that, the problem most tourists face is in the exchange of their currency over AED or UAE Dirhams. Strategic actions such as avoiding airport money exchange kiosks, staying clear of exchange spots that offer ‘zero fee’ services with hidden charges, and working with a bank in the home country can be of help in navigating this tricky affair of currency exchange. Even with such tips a tourist in Dubai may require a reliable currency exchange spot that offers reasonable and transparent exchange rates. Because most people prefer convenience over those tricky tips. Here are the best exchanges in UAE to choose from.
Speaking of money exchange credibility is a decisive factor. And speaking of credibility we come across licenses. Global exchange is a unique and best exchange in UAE in that they play under licenses issued by UAE’s Ministry of Economy and Abu Dhabi Chamber of Commerce and Industry. Also in terms of tradition, they are in no way behind their competitors. Since it was founded in 1997 until now it established itself as a synonym for trust and transparency. The services offered by Global Exchange include foreign exchange and remittances. Contacts and collaboration with agencies in countries across the world stand as the foundation for their streamlined service with competitive exchange rates.
With over 200 branches across the world and 70 branches within UAE Al Ansari Exchange is a well-established money exchange service in the UAE, particularly in Dubai. Since its inception in 1966 till today they have been able to provide efficient and dependable services with competitive exchange rates. They also have a mobile application which gives a convenient access. However, some clients only consider physical stores as credible service providers. In that case, they are available at popular locations such as the Dubai Mall and Mall of the Emirates.
An established parental institution gives credibility to this money exchange spot. Al Fardan group which has been in existence in the UAE since 1971 has one of the best money exchange in Dubai which ensures reliability and safety. Their connections with 150+ banks and financial institutions add up to this credibility factor. With over 70 branches in the UAE, they are accessible at most of the popular malls in the Emirates. Mall of Emirates, Dubai Festival City Center, Nakheel Mall, and Onyx Tower are some prime locations that have their presence.
This is a money exchange spot that caters to individuals and corporate clients alike. They offer services like currency exchange, commercial foreign exchange, and retail remittance. With about 31 branches across UAE ARIE is another competitor in the money exchange market that offers competitive exchange rates. They are accessible at popular destinations such as Karama Center and Mall of the Emirates.
Here is another best exchange in UAE that strives to simplify money exchange procedures. They are established and well-known for a customer-centric attitude. For an individual who is perplexed by the intricacies of money exchange, GCC Exchange is the best place to begin with. They even have a loyalty program called Green Card. It provides opportunities to avail discounts and special offers for their loyal customers. Jebel Ali and Al Fahidi are their popular locations.
Owned by the Sharaf Group, Sharaf Exchange LLC is a financial service established in UAE in 1996. With a commitment to provide excellent customer service, they have a loyalty program called Usrati. Not to mention, the competitive exchange rates and reliable retail and corporate financial services. They are available at the Sharaf building, City Centre Deira, and Mercato shopping mall among other places in Dubai.
All that is left is to make is the right choice. Your choice should be weighed on the services offered, credibility, compliance, transparency, and competitive exchange rates offered by the exchange companies in Dubai.
If you are visiting Dubai, understanding a few fundamentals like currency exchange can help you a lot. The official currency of the United Arab Emirates is the UAE Dirham (AED), subdivided into 100 fils. You can easily conduct currency exchange in Dubai. You can enjoy various choices including; banks, exchange bureaus like Global Exchange, and even ATM centers. The Dirham is fixed to the US dollar, normally a rate around 3.67 AED to 1 USD which offers stability for travelers who are exchanging currency.
In Dubai, you can easily exchange foreign currency at banks, specialized exchange bureaus, hotels, or any shopping mall. Exchange houses like Global Exchange offer better exchange rates than banks and hotels. While you can also withdraw AED at the ATM using your international bank card, it must be noted that there might be international transaction fees. That’s why it is important to know where and how to exchange your money to avoid additional charges related to the money exchange business and ensure you get the best chance for your currency.
When you are exchanging currency in Dubai, it’s necessary to consider various factors so that you get the best deal. The exchange rate tends to be the most conspicuous since it depicts the amount of local currency that one will get in exchange for foreign currency. Rates will differ as per the foreign exchange providers and that’s why you need to choose the right provider. We at Global Exchange are one of the best exchanges in Dubai that offer you excellent currency conversion rates.
Fees and commissions are another factor to be considered. You will find various exchange services out there that will show apparently low exchange rates only to follow them with outrageous fees or commissions that will reduce the value of cash that has been exchanged. We at Global exchange are one of the leaders when you want to exchange currency in Dubai. Our fees are nominal and we offer excellent exchange rates.
Price and convenience is another factor that needs to be considered. The ease of obtaining cash includes factors such as being near airports or hotels. With our branches in Abu Dhabi and Dubai, we are located at the hub so you can easily avail of our services.
We at Global Exchange are one of the leading foreign currency exchange locations in Dubai that offer exchange currency at the best prices. We are known for our transparent fee structure and offer you mid-market exchange rates. Global Exchange offers you an affordable way to handle your money across the globe. Unlike other exchange service providers, we offer you real-time rates without any hidden charges so that you get the most for your money.
You can easily register an account with us online which converts and transfers the money to your desired currency. This is an efficient process and can save you a good amount as compared to other traditional exchange methods.
Global Exchange is one of the most popular companies specializing in exchanging money in Dubai. We provide various services that include currency exchange, money remittances, and travel money cards. We have a head office in Abu Dhabi and also have a branch in Abu Dhabi to fulfil the requirements of visitors and locals. Call us at +(971) 26222078, +(971) 42268300 for any queries.
Additionally, Global Exchange boasts of special features like 24/7 services, multilingual staff, and an easy-to-navigate website for online transactions. Such features ensure that you can easily exchange money without any hassles no matter where you are in the UAE.
Exchanging currency is not a complex process when you understand the basics of the process. You need to consider essential things like exchange rates, fees as well as reliability of the service provider. Global Exchange is one of the service providers that offer convenient and trustworthy exchange currency in Dubai, UAE at reasonable rates. Exchange currency easily and securely with Global Exchange today…!!!!