Backpacking Africa

Bank of Tanzania Closes Down Every Bureau de Change Arusha

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The Bank of Tanzania closed down every bureau de change Arusha this week. Needless to say, this left visitors and local businesses to visit the banks to change money. With this in mind, if you happen to be travelling to Tanzania anytime soon, you should know that bureau de change shops are no longer open in Arusha.

Bureau de Change in Arusha No More

Bureau de Change Arusha

In case you might not know, this was the favored way for tourists to get spending money. After all, carrying US dollars to exchange for local currency was not only better value but also more reliable than local ATM’s.

Anyway, it has meant that tour companies and tourists have been without this option. Instead, you must exchange money in banks or withdraw cash from local ATM machines.

That being said, with the bureau de change Arusha gone, where can you exchange money in Arusha?

Where Can You Exchange Money in Arusha?

Arusha is quite a big town with many banks. If you walk up toward the clock tower from Nakumatt, you will find a number of banks on the left-hand side including a Bank of Tanzania. You can also visit a Western Union branch if needed as these are unaffected by the ruling.

As a very last option, there are also dodgy characters outside the markets across from Nakumatt. I do not advise that you exchange money here but they might be able to point you in the right direction if completely stuck.

The move to close these bureaus was made by the Bank of Tanzania this week after an extensive inspection.

At this time, it’s not clear as to whether the bureaus will reopen. I have a sneaking suspicion that they will be banned and all exchanges will need to take place in the banks from now on. In my honest opinion, it’s no big deal!

Derek Cullen is an experienced overland tour leader in Africa. He is best known for cycling across Africa and writing about travel in Africa for many online media publications. If you would like advice or information for your trip to Africa, you can speak with him directly through the LiveChat box!

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