Managing Finances While Traveling in Medellín

Managing finances while traveling in Medellín is straightforward when you plan ahead. Here are tips to ensure a smooth experience: 1. Exchange Currency Wisely Colombian pesos are the local currency. Exchange money at reputable exchange services or withdraw directly from ATMs. Avoid exchanging large amounts at the airport due to higher fees. 2. Use a […]

Managing finances while traveling in Medellín is straightforward when you plan ahead. Here are tips to ensure a smooth experience:

1. Exchange Currency Wisely

Colombian pesos are the local currency. Exchange money at reputable exchange services or withdraw directly from ATMs. Avoid exchanging large amounts at the airport due to higher fees.

2. Use a Mix of Cash and Cards

While credit cards are widely accepted in Medellín, some smaller establishments and street vendors only accept cash. Keep small denominations handy for taxis, tips, and market purchases.

3. Notify Your Bank

Inform your bank of your travel dates to avoid issues with card transactions. Consider carrying a backup card in case of emergencies.

4. Budget for Activities

From dining out to excursions like coffee tours and nightlife, Medellín is affordable compared to many international destinations. Plan your budget with room for flexibility.

5. Use Transportation Apps

Apps like Uber and Cabify are safe and affordable for getting around. Having a card linked to these apps ensures seamless payment for your rides.

By managing your finances effectively, you can focus on enjoying everything Medellín has to offer without worry.