Getting the best exchange rate at a currency exchange place.

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J
Jackson N.200 rep1

Should I exchange my Euros in Colombo or wait until I reach smaller beach towns.

11

2 Answers from travellers

Accepted Answer

You should absolutely exchange the bulk of your Euros at an authorized currency exchange place in Colombo Fort or directly at the airport upon arrival. These central locations consistently offer the highest, most competitive market rates on the island.

42
S
Sithara M.17960 rep1

If you wait until you reach small coastal surf towns or remote mountain villages, your options are limited to local banks or small jewelers, who frequently offer significantly lower exchange rates, meaning you will lose money on the transaction.

10
S
Sumudu K.17560 rep1

Scam Watch: colombo

Broken Meter ScamVerified

Driver claims the meter is broken and quotes an inflated flat rate. Common on arrival at airport or railway stations when tourists are tired and disoriented.

👍 67by virajperera
Government TukTuk ScamVerified

Drivers wearing official-looking uniforms claim to be "government-approved" and charge 3-5x normal rates. They may have fake badges or ID cards.

👍 52by virajperera
Milk Powder Beggar ScamVerified

Women with babies approach asking you to buy milk powder at a nearby shop (not cash). The shop is run by accomplices and charges 5-10x normal price.

👍 25by virajperera
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