Money & ATM Scams in Funchal

Unlicensed Currency Exchange on Rua do Aljube

Informal money changers approach tourists near Funchal's Mercado dos Lavradores and along Rua do Aljube offering euro exchange rates slightly better than bank rates. They count out the exchanged cash quickly, folding notes in a way that hides one or two bills, or mix lower-denomination notes into the middle of the stack. The shortfall is only noticed after the changer has moved on.