The Best Places to Buy Foreign Currency Australia

Find out how to get the best exchange rates near you without
running around from store to store.

There are dozens of currency exchange locations to buy travel money in Australia. Each has their own currency exchange rates which change constantly.
You also have the choice of more than 5 online currency exchange websites that offer collection or delivery.

So which is the best place to exchange money? Well, it really depends on your location and your situation.

There isn't one currency exchange that's the best place to exchange AUD to USD and another that's the best place to exchange AUD to NZD.

Here are 7 different ways to find the best currency exchange depending on what city you live in or what situation you are in.

Where to get the best exchange rate

S Money is an online only currency exchange, so they don’t have any bricks and mortar stores. If you order online, you can pick up your currency in the Melbourne CBD or have it delivered within 20k’s of the city for $19. They are the only money exchange that offer the same exchange rate seen on Google or XE but they do charge a service fee.

What they are good for

S Money is one of the best places to exchange currency online because their exchange rates match what you see on XE or Google. Being faster than almost any other place to exchange money, S Money are ideal for last minute travellers.

When you should avoid them

S Money is online only so if you don’t like buying your currency online, it may be better heading into a store. They also only offer 5 currencies so if you are looking for less popular currencies like Thai Baht or Indonesian Rupiah, there are better options in a store.

Online

Just like buying a pair of shoes or some groceries, you can buy your foreign currency online too.

Click and Collect

They offer excellent service over the counter and you can usually negotiate a better rate if you are buying more than $1000 worth of foreign exchange.

Delivery

While their exchange rates are very good, they still won’t match the rate seen on Google or XE. They also have a dated website that only allows you to get a quote instead of actually buying currency.

To pick up at the Airport

While their exchange rates are very good, they still won’t match the rate seen on Google or XE. They also have a dated website that only allows you to get a quote instead of actually buying currency.

Currency Exchange Sydney

Sydney

Surprisingly, even though there are more money changers in Sydney than any other city, the exchange rates aren't as competitive as Sydney or Adelaide.

In the CBD

There is a lot of choice in the city, particularly on George Street and Pitt Street. ANZ and Commonwealth Bank have foreign exchange outlets as well as more well know brands like Travelex or Travel Money Oz. The best place to buy foreign currency in Sydney though is through one of the less well known money changers like Crown Currency or WeXchange.

In the suburbs

There are plenty of stores in the suburbs but the rates aren't as competitive as the city.

For a full run down on the different places to buy foreign currency, check out our full currency exchange guide to Sydney.

Currency exchange Melbourne

Melbourne

Most of the best currency exchangers are near Flinders Street station on Elizabeth Street. The small money changers on Swanston street aren't as competitive.

Outside of the CBD, most of the money changers are based in shopping malls or strips. The rates aren't nearly as good as the CBD.

For a full run down on the different places to buy foreign currency, check out our full currency exchange guide to Melbourne.

Currency Exchange Brisbane

Brisbane

Unlike Sydney or Melbourne, currency exchangers are scattered throughout the CBD and can be hard to find. Unimoni is in the ANZAC Square Arcade while the Travelex is inside a HSBC branch on Queen Street.

Outside of the CBD, Brisbane has lots of options. Crown Currency and Travel Money Oz both have lots of locations in major shopping malls.

For a full run down on the different places to buy foreign currency, check out our full currency exchange guide to Brisbane.

Currency Exchange Adelaide

Adelaide

King William Street is where you need to go if you are heading into the city. Within 200 metres, you'll find the ANZ Foreign Exchange Centre, the Commonwealth Bank foreign exchange branch, 2 Unimoni stores, Travelex on the corner of Rundle Mall, 2 Travel Money Oz branches and WorldEx.

While the city has many options and some of the best exchange rates in Australia, there are much fewer options in the suburbs.

For a full run down on the different places to buy foreign currency, check out our full currency exchange guide to Adelaide.

currency exchange Perth

Perth

All around the Perth CBD there are few reasonable options. There are 2 money exchangers in London Court, a couple in the Murray Street Mall and a Travelex on St Georges Terrace.

Outside the city, Exchange Now in Morley is the pick of the bunch although you'll have more options in Freo.

For a full run down on the different places to buy foreign currency, check out our full currency exchange guide to Perth.

Conclusion

So while S Money may have the best exchange rates, they aren’t the best option if you prefer a bricks and mortar store. If you are heading into a store, remember to:

  • Call ahead if you can to get a quote but also make sure they have your currency in stock
  • Ask for a better rate if you are buying more than $1000
  • Compare their rates to what you can get online

Avoid getting ripped off on currency will let you spend more money on your trip!

Currency Exchange Near Me