Airport vs City Exchange Rates

Airport currency exchanges are among the most expensive places to convert money. Here's exactly how much more you pay — and what to do instead.

The Airport Premium

Airport exchanges typically mark up their rates by 5-12% compared to the mid-market rate. On a £1,000 exchange, that could mean losing £50-£120 compared to a competitive online provider. They rely on convenience and urgency — travellers who forgot to exchange beforehand have limited alternatives.

Real-World Comparison

Converting £1,000 to euros (assuming mid-market rate of 1.17):

Better Alternatives

• Order online before you travel — Services like Wise or Revolut offer near mid-market rates and multi-currency cards
• Use a fee-free debit card abroad — Spend directly in local currency without exchanging cash
• Withdraw from ATMs at your destination — Using a fee-free card, ATMs often give better rates than any bureau
• Exchange in the city centre — If you need cash, city centre bureaux are typically 3-7% cheaper than airport ones

When the Airport Is Your Only Option

If you arrive without any local currency, exchange only what you need for immediate transport or essentials (£30-50 worth). Then find a better option in the city. Even hotel exchanges are often cheaper than the airport.