Best Places to Exchange Currency in Rome: A Local’s Guide
Traveling to Rome is an exciting adventure filled with history, culture, and delicious cuisine. However, one practical aspect of your trip that requires attention is currency exchange. Knowing where to exchange your money can save you time and money, allowing you to enjoy your Roman holiday without unnecessary stress. This guide provides practical advice on the best places to exchange currency in Rome, ensuring you get the best rates and service.
Banks and ATMs
One of the most reliable and convenient ways to exchange currency in Rome is through banks and ATMs. Major banks like UniCredit, Intesa Sanpaolo, and BNL have branches throughout the city, offering competitive exchange rates. Banks typically offer better rates than currency exchange kiosks at airports or tourist areas.
ATMs are another convenient option, allowing you to withdraw euros directly from your account. Look for ATMs affiliated with major banks to avoid high fees. Before you travel, check with your bank about international withdrawal fees and notify them of your travel plans to prevent any issues with your card. Using ATMs can be a cost-effective way to get local currency, especially if your bank has partnerships with Italian banks that waive fees.
Currency Exchange Offices
Currency exchange offices are scattered throughout Rome, particularly in tourist-heavy areas like Termini Station, the Vatican, and near major attractions. While these offices are convenient, they often charge higher fees and offer less favorable rates than banks. However, they can be useful if you need to exchange cash quickly and don’t have access to a bank or ATM.
When using a currency exchange office, always ask for the total cost, including any fees, before proceeding with the transaction. Some offices may advertise no commission but offer a poor exchange rate to compensate. It’s wise to compare rates at a few different locations if you have the time.
Hotels and Tourist Areas
Many hotels in Rome offer currency exchange services for their guests. While this can be convenient, especially if you’re in a hurry, hotels typically offer less favorable rates compared to banks or ATMs. If you choose to exchange currency at your hotel, it’s best to do so only for small amounts or in emergencies.
Tourist areas, such as near the Colosseum or the Spanish Steps, are filled with currency exchange kiosks. These locations often have the highest fees and worst rates due to their convenience and high foot traffic. If possible, avoid exchanging large sums of money in these areas.