Money & ATM Scams in Hurghada

Tourist Bazaar Currency Exchange Shortchanging

Informal currency exchange booths clustered inside and around the Hurghada tourist bazaar on Sheraton Road routinely shortchange visitors by palming notes or misrepresenting the rate displayed on their boards. A common method involves counting back change quickly while folding bills so smaller denominations are hidden inside larger ones. The official rate shown on the board may also include hidden commission fees not disclosed until after the transaction.