Before we answer this question, What is the currency in Tibet? We must be aware that Tibet is a province of China, like elsewhere in other parts of the People’s Republic of China. We use RMB in Tibet. Besides money, all the banking and foreign exchange here are the same as in other areas of China.
Here in Tibet, You can exchange foreign currency with the local banks, and all the major travel agencies can exchange it for you. We often help you call the Muslim forex trader to meet you in the hotel and facilitate your exchange the money to local currency in Tibet without being a middle person. Don’t change the cash at the hotel. They give a worse rate in Tibet. Instead, go to the bank.
In all the ATMs in Tibet, you can withdraw the RMB. The bank offers the best exchange rate in Tibet. You can ask your tour guide or your travel agency to help you to the bank or working ATM place to withdraw the money in Local currency in Tibet.
Suppose you have more questions regarding currency in Tibet and other topics relating to Tibet travel. Then, please do contact us at info@itibettravel.com.