To change Arrows in Dying Light 2, you will need a bow equipped on one of your weapon slots. Equip a Bow by going into your inventory and assigning it to one of your weapon hotkeys.
After equipping a Bow, hold down your weapon wheel hotkey. On PC, you will need to hit the number three key. For PlayStation and Xbox users, press right on the D-pad to open the weapon wheel.
Related: All Dying Light 2 Story Missions List
Under the weapon wheel, select your bow, and you will be able to change your equipped Arrows by pressing the button that displays for you, as shown below.
The option above will also work for the Repeating Crossbow weapon that you get as a reward from the Peacekeepers. Both Bows and the Repeating Crossbow will also require you to have either Arrows or Bolts before you can change them.
That said, you can get both arrows and bolts by unlocking the Blueprint for them. You don’t need to work hard to get Bolt Blueprints, as they unlock when you first get the Repeating Crossbow.
But for Bows, you will need to buy the Blueprints by visiting Craftmasters. Luckily, you can find Craftmasters in Trading Posts and Faction Hubs.
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