How to Convert Your Currency in Moscow
Research the current exchange rate prior arriving in Moscow., Decide how much currency you wish to exchange., Find a convenient conversion agent: exchange office, bank, or ATM., ATM machines are familiar and convenient agents for currency exchange.
Step-by-Step Guide
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Step 1: Research the current exchange rate prior arriving in Moscow.
If you are aware of the exchange rate, then you will know exactly how many rubles you will receive upon conversion. -
Step 2: Decide how much currency you wish to exchange.
You will need to consider the length of your trip, as well as your personal itinerary.
Will you be shopping, eating out, using public transportation, etc? You will be charged an exchange commission for each transaction, so it is a good idea to plan ahead. , Exchange offices can be easily found in post offices, train stations, hotel receptions, on street corners and surrounding large tourism hot spots.
Most exchange offices offer very reasonable exchange rates in order to stay competitive.
Rates may vary, as will agent commission charges, however both are required to be clearly displayed.
Most exchange offices are open 24 hours, but many require a valid passport.
Banks in Moscow are also able to exchange foreign currency as needed.
Banking hours are typically from 9 a.m. to 6 p.m., Monday through Friday.
Take notice of their posted exchange rate, as it may vary from bank to bank in your home country and in Moscow.
Count the dispensed rubles and confirm that the conversion has followed the proper exchange rate before ending your transaction. , Moscow's ATMs have instructions available in several languages and operate using a 4-digit PIN.
ATMs typically have the most competitive exchange rates, but you will almost certainly be charged a transaction fee and/or a foreign-exchange surcharge for each transaction.
Also, as a security precaution you must notify your bank that you will be traveling in Russia prior to your departure. -
Step 3: Find a convenient conversion agent: exchange office
-
Step 4: or ATM.
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Step 5: ATM machines are familiar and convenient agents for currency exchange.
Detailed Guide
If you are aware of the exchange rate, then you will know exactly how many rubles you will receive upon conversion.
You will need to consider the length of your trip, as well as your personal itinerary.
Will you be shopping, eating out, using public transportation, etc? You will be charged an exchange commission for each transaction, so it is a good idea to plan ahead. , Exchange offices can be easily found in post offices, train stations, hotel receptions, on street corners and surrounding large tourism hot spots.
Most exchange offices offer very reasonable exchange rates in order to stay competitive.
Rates may vary, as will agent commission charges, however both are required to be clearly displayed.
Most exchange offices are open 24 hours, but many require a valid passport.
Banks in Moscow are also able to exchange foreign currency as needed.
Banking hours are typically from 9 a.m. to 6 p.m., Monday through Friday.
Take notice of their posted exchange rate, as it may vary from bank to bank in your home country and in Moscow.
Count the dispensed rubles and confirm that the conversion has followed the proper exchange rate before ending your transaction. , Moscow's ATMs have instructions available in several languages and operate using a 4-digit PIN.
ATMs typically have the most competitive exchange rates, but you will almost certainly be charged a transaction fee and/or a foreign-exchange surcharge for each transaction.
Also, as a security precaution you must notify your bank that you will be traveling in Russia prior to your departure.
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Jennifer Kim
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