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WHERE TO
EXCHANGE
MONEY
IN LAGOS

Before you set out exploring in Lagos, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.

In this article you will discover some of the best currency exchanges in Lagos that you can visit.

We will also introduce Wise - A digital alternative which could save you time and money.

Currency exchange illustration

Currency exchanges in Lagos

Consider using digital alternatives like Wise when looking at currency exchanges. If you still need to have some physical cash, here are a list of currency exchanges you can find in Lagos.

A reminder from us - There's no such thing as 0% commission or fee-free so remember to do your research and make an informed decision.

Money Changer Address Contact Information
SnappyExchange 11 Unity Rd, Allen, Ikeja 101233, Lagos, Nigeria +234 815 601 0101
DAN DAHKA AND BROTHERS ENTERPRISE BUREAUX DE CHANGE Shop F12 Ozide Plaza, Osolo Wy, Ajao Estate, Lagos 102214, Lagos, Nigeria +234 806 606 9966
Blink Exchange 1 Awawu Street, Itire St, Mushin, Lagos 100001, Lagos, Nigeria +234 818 096 9427
Investorben Exchange Block 26 palms spring estate by spar road lekki, Ikate, Lagos 105102, Lagos, Nigeria +234 706 246 5802
BIGTOSIANO EXCHANGE 37 Bakare Makinde Street, Ketu, Lagos 100244, Lagos, Nigeria +234 906 670 7922
GOOD-START TRADE LINKS BUREAU DE CHANGE NIGERIA LTD SHOP F17, OZIDE PLAZA, OSOLO WAY ISOLO, AJAO, Lagos 100001, Lagos, Nigeria +234 906 082 8052
Bureau de Change 86 Allen Ave, Allen, Ikeja 101233, Lagos, Nigeria -
Pay9JA 63 Aladelola Street, Ikosi Ketu, Lagos 100246, Lagos, Nigeria +234 905 592 9229
Dealmakers Bureau De Change 38b Adebayo Doherty Rd, Lekki Phase I, Lagos 106104, Lagos, Nigeria +234 808 181 0550
Olowo Ex NYSC Bus Stop, 1a College Rd, Alimosho, Lagos 105101, Lagos, Nigeria +234 903 647 0490
Naira Payment 42/44 Alaramimo St, LCDA, Lagos 100284, Lagos, Nigeria +234 802 795 9496
RespectedFX Suite C2, Ikota Shopping Complex, Niyi Okunubi St, Victoria garden City, Lagos 106104, Lagos, Nigeria +234 803 784 6535
Everdon Bureau de Change Foresight House, 163/165 Broad St, Lagos Island, Lagos 300251, Lagos, Nigeria +234 809 898 9896
TeamFx TeamFx Academy, Unilag, Lagos, University Of Lagos, Ikeja 101017, Lagos, Nigeria +234 701 917 0067
Tymrate Umoh St, Abule Egba, Lagos 100275, Lagos, Nigeria -
LadyF Exchange 2 Olu Koleosho Street, Off Simbiat Abiola Way, Ikeja, Lagos 100282, Lagos, Nigeria +234 701 010 4835
MonEx No. 30 Ogunnusi Rd, Ojodu Berger 101233, Lagos, Nigeria +234 803 585 5815

Spend abroad without hidden fees

Wise card payment

Nigerian naira rate today

The accepted currency in Lagos and across Nigeria is the Nigerian naira.

However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the Nigerian naira is NGN. Keep an eye out for this code if you're comparing exchange rates.

What you should know about exchanging money in Lagos

When exchanging money in Lagos or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Nigeria long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.

  1. Be wary of 'zero fee' services - Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
  2. Research the exchange rate - Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
  3. Avoid exchanging money at airports or hotels - It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
  4. Use ATMs strategically - Check if your local bank has partnerships in Nigeria banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
  5. Pick local currency on ATMs and card payments - When using an ATM abroad, choose to be charged in Nigerian nairas for a fairer rate and fees. The same applies if you get the option on card machines.

Money exchange at the tip of your fingers

Out with carrying only cash when you're abroad. The world has gone digital and so can you.

With a Wise account you can exchange currency at any time, almost everywhere in the world.

Access over 70 currencies in just a few clicks and pay wherever you are with the Wise card.

Say goodbye to the analog way. Say hello to Wise