Whether you’re a tourist just arriving in Palma de Mallorca or a local preparing for a trip, exchanging currency can be stressful. High commissions, bad rates, hidden fees… a nightmare for your wallet.
But don’t worry! We’ve done the work for you and found the 3 best exchange offices in Palma de Mallorca that offer fair rates, no hidden fees, and friendly service . Whether you’re exchanging dollars, pounds, Canadian dollars, or another currency, these stores have you covered.
Multi-Expert Currency Exchange , located in the center of Palma, is one of the most reliable options for exchanging money in the Balearic Islands. With years of experience and thousands of satisfied customers, they are known for their honest rates and commission-free policy .
Why choose Multi-Expert?
Best rates for USD, GBP, EUR, CHF, SEK, CAD, AUD and more
No hidden fees
Multilingual staff: English, Spanish, French, German
Fast service: operations in less than 5 minutes
Ideal for small and large changes
They also handle large exchange rates , ideal for frequent travelers, digital nomads, and expats. If you’re exchanging several hundred euros, they often offer personalized rates .
Additional tip: Many tourists claim to have gotten better rates here than at airports or banks , and you can check the daily rate without obligation.
Ria is an international brand, and its branches in Palma de Mallorca live up to that reputation. Whether you’re exchanging dollars, pounds, pesos, or rupees, Ria offers competitive rates and global reliability .
What makes Ria trustworthy:
Global presence = reliable service
Banking professionalism with speed
Good exchange rates
Online rate consultation available
Secure transactions
You can check the daily rate online before you go. Their staff is highly trained, and their offices have a professional atmosphere, but without high fees or long wait times.
If you prefer a recognized brand with a fast and reliable process, Ria is for you.
Global Exchange is ideal if you’re arriving or departing from Palma Airport and need to exchange currency quickly and at any time . Its 24/7 counters are perfect if you’re landing in the early morning or in a hurry before your flight.
Why choose Global Exchange:
Open 24/7 at Palma Airport
Branches throughout the city
Exchange of more than 50 currencies
They accept payment by credit and debit card.
Currency reserves by call
Although their rates are often less favorable than local brokers like Multi-Expert, their convenience makes up for it, especially if you’re in a hurry.
They are also a good option if you need to exchange less common currencies (Japanese yen, Russian ruble, South African rand, etc.).
Before you exchange your money, here are some helpful tips to help you get the most out of your exchange experience in Palma:
Airport exchange offices (except Global Exchange) usually offer the worst rates . If you can wait and exchange in the city, you’ll save.
Don’t be afraid to ask how much you’ll receive after applying fees and commissions . Good brokers like Multi-Expert are transparent and show you the calculations.
Use Google or apps like XE.com to see the real rate. That way you’ll know if the store is offering a good deal.
Exchanging money with a card may incur additional bank fees . It’s best to carry cash or use debit cards when traveling.
Palma de Mallorca is a haven for financial stress. Whether shopping, dining, or sightseeing, having euros in cash is still essential—and where you exchange them makes all the difference .
Quick summary:
Multi-Expert Currency Exchange – Best rates, commission-free, fast and reliable
Ria Currency Exchange – International brand with professional service
Global Exchange – Ideal for emergencies or changes at the airport
Don’t settle for less. Whether you’re a local, a tourist, or a digital nomad— trade smart, travel smart .
Happy journey!
