Money Changers with Best Exchange Rates in Mecca

Mecca Travel Guides / March 25, 2017
Money Changers with Best Exchange Rates in Mecca Image credit: Saudi Arabian Monetary Agency

The currency used in Mecca is the Saudi Riyal (SAR). Since 1986, the riyal has been pegged to the US dollar at the rate of 3.75 riyals = 1 USD.

One riyal is divided into 100 halalas. Banknotes are issued in 1, 5, 10, 50, 100 and 500 riyals. Coins come in denominations of 5, 10, 25, 50 halala, and 1 riyal.

Most money changers in Mecca are branches of currency exchange and money transfer chains. Others are independent family-owned businesses.

If you are coming in from Jeddah, you should exchange money there since there are not many forex shops in Mecca.

For those who need this service in Mecca, this list would be helpful. Read on for more information on recommended money changers. Chances are there is one near your hotel.

1. Tahweel Al Rajhi

Tahweel Al Rajhi Image credit: Saudi Arabian Monetary Agency

Tahweel Al Rajhi is a subsidiary of Al Rajhi Bank that deals with remittance and currency exchange services.

It has 8 branches in Mecca that are easily accessible in prime commercial districts. They are usually located near branches of Al Rajhi Bank.

Tahweel Al Rajhi accepts the following currencies: EUR, GBP, AED, USD, CHF, and CAD.

Recommended branches
1) Tahweel Alrajhi @ King Faisal Road

  • Located at the southwest side of Al Salam Hospital
  • Address: King Faisal Rd, Jabal An Nur, Mecca 24238, Saudi Arabia
  • Phone: +966 2 5730645
  • Opening hours: Daily 09:00 – 21:00*

 2) Tahweel Alrajhi @ Al Zahir

  • This branch is a 4-minute walk from Palace Andalusian hotel
  • Address: Al Madinah Al Munawarah Rd, AZ Zahir, Mecca 24227, Saudi Arabia
  • Phone: +966 2 5493016
  • Opening hours: Daily 09:00 – 21:00*

3) Tahweel Alrajhi @ Al Zahir

  • This branch is 1 minute on foot from Esmat Supermarket
  • Address: Ash Shaikh, Al Awali, Mecca 24372, Saudi Arabia
  • Phone: +966 2 5585357
  • Opening hours: Daily 09:00 – 21:00

4) Tahweel Alrajhi @ Al Zahir

  • This branch is just a few steps from Mjan spice store
  • Address: Ash Shawqiyyah, Mecca 24351, Saudi Arabia
  • Phone: +966 2 565 1427
  • Opening hours: Daily 09:00 – 21:00*

5) Tahweel Alrajhi @ Al Zahir

  • Located near Barakt Al Aseel hotel
  • Address: Al Aziziyah, Mecca 24243, Saudi Arabia
  • Phone: +966 2 5505710
  • Opening hours: Daily 09:00 – 21:00*

* Opening hours may change. Call first before visiting.

2. Enjaz

Enjaz Image credit: Enjaz

Enjaz is the international money transfer and currency exchange service provider under Bank Albilad.

It has a wide network of branches across Saudi Arabia, including 8 forex shops in Mecca. These branches are strategically located near hotels and supermarkets.

If you are staying near Masjid al-Haram, you can swing by the Enjaz branch across Marriott Hotel.

Recommended branches
1) Enjaz @ Al Aziziyah

  • Located in the vicinity of Mahmoud Said shopping center
  • Address: Al Masjid Al Haram Rd, Al Aziziyah, Mecca 24243 11411, Saudi Arabia
  • Phone: +966 12 559 0437
  • Opening hours: Sat to Thu 08:00 – 20:00; Fri 16:00 – 20:00

2) Enjaz @ Al Kakiyyah

  • This branch is 3 minutes on foot from Madrasah as-Sawlatiyah
  • Address: 8295 Ibrahim Al Khalil, Al Kakiyyah, Mecca 24352, Saudi Arabia
  • Phone: +966 12 5334220
  • Opening hours: Sat to Thu 08:00 – 20:00; Fri 16:00 – 20:00

3) Enjaz @ Jabal An Nur

  • Located next to Nuri Supermarket
  • Address: King Faisal Rd, Jabal An Nur, Mecca 24238, Saudi Arabia
  • Phone: +966 12 575 8046
  • Opening hours: Sat to Thu 08:00 – 20:00; Fri 16:00 – 20:00

4) Enjaz @ Al Hindawiyyah

  • Located across Marriott Hotel
  • Address: Al Hindawiyyah, Mecca 24232 11411, Saudi Arabia
  • Phone: +966 12 5470255
  • Opening hours: Sat to Thu 08:00 – 20:00; Fri 16:00 – 20:00

 5) Enjaz @ Al Khadra

  • Located in the vicinity of Aywan Hotel
  • Address: Al Muhandes Umar Qadi, Al Khadra, Mecca 24267, Saudi Arabia
  • Phone: +966 12 553 2965
  • Opening hours: Sat to Thu 08:00 – 20:00; Fri 16:00 – 20:00

3. Alamoudi Exchange Company

Alamoudi Exchange Company Image credit: Alamoudi Exchange Company

Alamoudi Exchange Company, a well-established company in Saudi Arabia, is another good place to exchange money.

The company is based in Jeddah and has only one branch in Mecca. This branch is conveniently located close to many hotels, including Hyatt Mawaddah hotel, Al Jazeerath hotel, Atage Softel hotel, and Manar Mawadah hotel.

Alamoudi Exchange accepts traveler’s cheques.

To check their daily rates, follow: http://www.alamoudiexchange.com/view/currency_rate/currency_rate.php

Branch information

  • Address: Al Masjid Al Haram Rd, Al Hujun, Mecca 24231, Saudi Arabia
  • Phone: +966 126474515
  • Opening hours: Sat to Thu 08:30 – 22:30; Fri 16:30 – 22:00

4. Malatani Exchange

Malatani Exchange Image credit: Монетарное Агентство Сауд

Malatani Exchange, a Jeddah-based family-owned company, is a popular money changer in Mecca that has gained numerous good feedback from its customers.

Its Mecca branch is located on Umm Al Qura Road, within walking distance from Al Shahba Hotel.

Branch information

  • Address: Umm Al Qura Rd, Al Hafair, Mecca 24221, Saudi Arabia
  • Phone: +966 12 5497677
  • Opening hours: Sat to Thu 09:00 – 22:00; Fri 17:00 – 22:00*