Taba Travel Forum

Hi,

Long time since I have been to Egypt but I can recall when I was in Sharm that the best rates for changing money was at the Hotel.

I will soon be in Taba Heights at the Hyatt Regency-- does anyone know if the rates are better at hotels in Taba? Or any advice please.

regards

The ATM machines will give you the best rates. I am sure there are plenty in Taba. Just have your debit- and/or credit cards with you and you will be fine.

But beware of charges - check with your bank as it could end up costing you more depending upon which bank you are with. But cards are more secure than cash so it's a case of apples and oranges! (beware of some cash machines though - save all your receipts - even ones where transactions fail and check them when you get home - I was once charged for money when a transaction cancelled screen came up!)

I would rather avoid ATM's unless in an emergency for reasons stated in replies. Also one has to pay transaction charges.

Basically I would like to know if anyone has any idea if money changed in Hotels in Taba offer the best exchange rates.

Cheers

Do you mean is the rate at the hotel better than going to a bank or an exchange office? Generally it's all round about the same rate now anyway. For years I used an exchange office as it worked out that you got more for your money - but in the last year, have been getting a good rate if not better from the hotel down the road instead of having to locate an office or bank.