1. Know the actual exchange rate

The first thing you should do before changing your money in Lagos is for you to know the current exchange rate. The rate is very important in guiding you at the Bureau De Change.

You will not be offered this rate at the bureau as most advertise their own exchange rates which are lower than mid-market.

2. Remember – exchange rates always change

Exchanges rates are not fixed, and as such don’t be surprised when you get to the Bureau and they don’t meet your expectations. Also, you need to be aware of any global or local events occurring in Lagos which may affect the currency exchange rates. With this understanding, you will choose a favourable time to exchange your money.

Best and Secured Places to Exchange money in Lagos

Before you check the list, note that every currency exchange place will charge a fee upfront or hidden in their exchange rate. These Bureau are in business, and because of you they cannot be out of business, so you need to understand this as well.