24 Aug 2026 · Monly
How to exchange money in Colombia without losing on the rate
Airports, ATMs and street money changers all cost you. Here is how to get a fair rate for your dollars or euros in Colombia.
Arriving in Colombia with dollars or euros, you have a handful of options — and most of them quietly cost you money.
Airport exchange counters
Convenient, but the spread is usually the worst you will see all trip. Change only what you need for the taxi.
ATMs
ATM withdrawals add a local machine fee plus your bank's foreign transaction fee, and many machines cap withdrawals well below what you need for a month of rent.
Street money changers
Rates look attractive, but counting errors and counterfeit notes are a real risk, and you are carrying cash in public.
A delivered exchange
Monly ties its rate to the live market, shows one clear fee before you confirm, and delivers counted pesos to your door. You see the exact amount you will receive before you send anything.