Newark Airport Currency Exchange Rates 

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When you are travelling internationally through Newark Liberty International Airport (EWR), currency exchange becomes an important consideration. Whether you’re a first-time traveller, a frequent flyer, or someone sending off family abroad, understanding Newark airport currency exchange options can save you time, stress, and unnecessary fees. Here’s everything you need to know about exchanging money at Newark Airport.

Newark Airport Currency Exchange

Does Newark Airport Do Currency Exchange?

Yes, Newark Airport does provide currency exchange services. There are Travelex currency exchange counters located in various terminals, making it convenient for travellers landing or departing from EWR. You will usually find these booths:

  • In Terminal B – International Arrivals area
  • In Terminal C – Near Gates and Departures

These currency exchange counters offer:

  • Buying and selling of over 70 foreign currencies
  • Money transfers
  • Travel money cards and prepaid forex cards

However, it is crucial to know that Newark airport currency exchange rates are generally higher compared to banks or local exchange houses. The convenience of getting your cash instantly comes at a cost, often with:

  • Higher conversion margins
  • Additional service charges
  • Less favourable exchange rates

If you’re arriving late at night or during early hours, check Travelex timings on the official Newark Airport website to ensure counters are open when you land. Many travellers arriving for the first time at EWR find these booths useful, especially when needing immediate cash for Uber rides, tips, or food.

Is It Better to Do Currency Exchange at the Airport?

Many frequent international travellers recommend ordering currency online in advance and collecting it at the airport. This way, you can lock in better rates offered by online forex companies while still enjoying the convenience of airport pickup.

BenefitsDrawbacks
Convenient and quickHigh exchange margins
Accessible immediately after landingAdditional service fees
No need to search in the cityLimited currency availability

However, if you forgot to exchange money earlier, airport counters remain your last-minute rescue option. It might cost more, but it avoids the hassle of finding a forex outlet after landing in a new country when you’re tired and jetlagged.

Is the Airport the Best Place to Exchange Currency?

Exchanging currency at the airport is convenient, especially for last-minute travelers, but it often comes with higher fees and less favorable exchange rates. Airport kiosks know travelers have fewer options, so they charge a premium for the service. If you plan ahead, local banks or online currency services usually offer better rates. It’s smart to compare your options and carry a small amount for emergencies if you must exchange at the airport.

Here’s why:

  • Airport exchange rates are the least favourable. Airports know travellers need urgent cash, so their margins are higher.
  • Banks and online forex services offer better deals. Even small local currency exchange shops in your city often beat airport rates by 5-10%.
  • Using debit or credit cards internationally with low forex markup is often cheaper than cash exchange at airports.

Still, Newark airport currency exchange is ideal in emergencies or if you need minimal cash before reaching your hotel. For larger amounts (over $500), avoid airport exchanges to save significantly.

Where is the Best Place to Exchange US Currency?

People stand in airport counter

The best place to exchange US currency is usually at your local bank or credit union, as they offer competitive rates with minimal fees. Currency exchange stores in city centers can also provide good rates, but it’s wise to compare before deciding. Avoid airport kiosks unless absolutely necessary, as their rates are often the least favorable. Always plan in advance to ensure you get the maximum value for your money.

Here are some best places to exchange currency:

  1. Your Bank or Credit Union
    • Best rates with minimum service fees
    • Pre-order currency online and collect from your bank branch
  2. Online Forex Companies
    • Companies like Wise, OFX, or Revolut offer interbank rates with low markup
    • Deliver currency to your home or allow pickup from partner locations
  3. Currency Exchange Stores in City Centres
    • Stores like Currency Exchange International or local forex shops often provide competitive rates
    • Call ahead to confirm rates and availability
  4. ATMs Abroad
    • With a debit card that has low international withdrawal fees, ATM withdrawal often beats airport exchange rates
    • Inform your bank before travelling to avoid card blocks

Here Are Some Newark Liberty International Airport

Best Currency Exchange Options Compared

Finding the best place to exchange your currency can save you a lot on hidden fees.

Here’s a quick side-by-side comparison of your main options for Newark travellers.

Understand which method gives you the best value and suits your travel needs.

Choose wisely to keep more money in your pocket for your actual trip.

Exchange OptionExchange Rate QualityService FeesConvenienceBest For
Newark Airport CountersPoorHighVery HighEmergency cash
Bank / Credit UnionGoodLowMediumPlanned large exchanges
Online Forex ServicesBestLow-MediumHighPre-ordered travel money
ATMs AbroadGood-BestLow HighOngoing local expenses
Final Thought

Next time you fly out of Newark Liberty International Airport, remember that while Newark airport currency exchange services are reliable, they aren’t always the most cost-effective. Compare options, pre-order if possible, and use airport counters only for immediate needs.

FAQs on Newark Airport Currency Exchange
Is there currency exchange at Newark Airport?
Yes, Newark Airport offers currency exchange services in all terminals.
Where can I find currency exchange counters at Newark Airport?
Currency exchange kiosks are located in Terminals A, B, and C near departures and arrivals.
What currencies are available at Newark Airport currency exchange?
Major world currencies like Euros, British Pounds, and Canadian Dollars are usually available.
What are the operating hours of the currency exchange at Newark Airport?
Most currency exchange counters operate daily, typically from early morning until late evening.
Is it better to exchange money at the airport or elsewhere?
Airport rates are usually less favorable; consider comparing with banks or ATMs.
Are there ATMs for foreign currency at Newark Airport?
Yes, some ATMs at Newark Airport dispense foreign currencies, depending on availability.
Can I exchange money before my flight at Newark Airport?
Yes, exchange counters are available pre-security in each terminal.
Do Newark Airport currency exchange services charge a fee?
Yes, service fees and exchange rate margins typically apply.
Can I exchange leftover foreign currency at Newark Airport?
Yes, many counters offer buy-back services for unused foreign cash.
Do I need ID to exchange currency at Newark Airport?
Yes, a valid government-issued ID may be required for larger transactions.

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