Blog

tax on currency exchange

Tax on Currency Exchange for Travel Money and Travellers’ Cheques

If you want to exchange large amounts of money for your trip abroad, it’s natural to wonder whether you’ll be taxed and whether it’s better to exchange your foreign currency overseas. The good news is that in Australia, you don’t have to pay tax on currency exchange if you’re simply buying foreign cash for a holiday. That’s because the transaction is a one-off and the money you’re buying is for personal use. But it depends on the circumstances around your foreign exchange. There may be a small tax just on the service fee or commission. And if you’re buying traveller’s […]

American Express currency exchange

Why You Can’t Find an American Express (AMEX) Currency Exchange Store

If you have used American Express in the past to buy some travel money, you might be wondering – why can’t I find them anywhere? Well, unfortunately, American Express has stopped buying or selling currency in cash. AMEX currency exchange closed their Australian stores. They also closed their wholesale division and no longer offer customers in Australia the ability to exchange currency in cash. It happened a few years ago and it appears that they won’t return.   Alternatives to American Express currency exchange in each city There are dozens of currency exchange locations to buy travel money in Australia. […]

money overseas travel tips

The 5 Best Options to Take Money Overseas

In all likelihood, you’ll need access to the local currency while overseas. But whether you choose to pay with a credit, debit, or travel card, or whether it’s better to use cash, depends entirely on where you’re going and what you plan to do while you’re there. Some countries like Sweden operate nearly exclusively in plastic payments while others, like Vietnam, have an almost entirely cash-based economy. So what’s the best money option while travelling overseas? It could be using travel money, a prepaid travel card, or a debit or credit card, depending on your destination and itinerary. We recommend […]

how expensive is New Caledonia

How Much Spending Money to Take to New Caledonia

While Australians love visiting New Caledonia, either on a cruise or on an island getaway, there’s no avoiding it… New Caledonia is expensive. Is it still worth visiting? You bet it is. With a collection of stunning tropical islands and an intoxicating French-Melanesian culture, this South Pacific island has plenty to offer. So to make the most of your visit, you just need to budget it right from the start. New Caledonia’s official currency is the Comptoirs Français du Pacifique, commonly called the Pacific franc (CFP). A suitable daily budget for spending money in New Caledonia is between F20000 and […]

Best Ways to Take Money to New Caledonia

The 6 Best Ways to Take Money to New Caledonia

So you’ve booked a trip to New Caledonia – either as part of an epic South Pacific cruise or as your own relaxing island getaway. And now the daydreaming is over, it’s time to sort out the nitty-gritty details – like how to carry money to New Caledonia. We understand you don’t want to miss out on any of the treasures New Caledonia has to offer (from the world’s largest lagoon to impeccable French cuisine), so we’ve created this guide to help you make the most of your savings and figure out what exactly is the best way to take money […]

Currency in New Caledonia

Currency in New Caledonia

A Travel Money Guide to New Caledonia New Caledonia is one of our favourite jewels in the South Pacific crown. But it isn’t a budget destination and to get the most out of your trip, it’s a good idea to learn everything you can about the local currency and payment options before you go. The official currency of New Caledonia is the Pacific Franc (CFP or XPF) – money you’ll quickly become familiar with since plastic payments still aren’t common away from the tourist hotspots.   The currency used in New Caledonia All across New Caledonia, they use the Pacific […]