The Best Places for Currency Exchange in Sydney

Find out how to get the best money exchange rates in Sydney without
running around from store to store.

There are over a dozen currency exchange locations to buy travel money in Sydney. 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 in Sydney

So which is the best place to buy foreign exchange in Sydney?

Well, it really depends on your situation. Here are our top currency exchanges in Sydney:

  1. S Money for the best exchange rate
  2. Crown Currency for no fees
  3. Travelex Online for Sydney Airport
  4. Travel Money Oz for less common currencies

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 Sydney 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.

Location

Online. Available throughout Australia, including Sydney

Opening Hours

4:30am - 11pm for orders Monday to Friday. 9am - 5pm for deliveries to door Monday to Friday

What they are good for

S Money sell currency at the best exchange rates for buying US Dollars, Euros, British Pounds, Japanese Yen or New Zealand Dollars up to $8500.

Crown currency
Crown Currency

Crown Currency is located on the 4th floor at the Westfield on Pitt Street. They don’t charge any commissions or service fees to buy or sell currency. A couple of their branches have temporarily closed due to Covid. Crown Currency don’t publish their store rates and they vary depending on your location. To get a quote, best call and ask to speak to their Sydney CBD store.

Location

One office in Sydney CBD and 2 outside of the CBD

Opening Hours

10am to 4pm -  Monday to Friday

What they are good for

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.

When you should avoid them

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.

Travelex have many locations in the Sydney CBD and across the greater Sydney metro area. You can order online and collect your currency at a store, an Australia Post office or even the airport. They also offer delivery for online orders. The exchange rates you see on the Travelex website are for online orders only. Rates in person are different from store to store but in Sydney, the branch inside the HSBC on George street is your best option.

Location

A few locations in the Sydney CBD and many branches around the Sydney metro area.

Opening Hours

Stores vary their opening hours but most are open from 10am to 4pm - Monday to Friday.

What they are good for

Travelex are a good option if you like to buy currency online and pick it up at the airport. Their online exchange rates are much better than their own stores.

When you should avoid them

While their online rates are good, the exchange rates and the airport border on criminal. Avoid buying or selling currencies at these stores in-person if you can.

Travel Money Oz did have a number of locations in the Sydney CBD and across the greater Sydney metro area. They are owned by the Flight Centre, which has shut down a lot of stores due to Covid. They have temporarily shut all stores until international travel resumes.

Location

Online only

Opening Hours

According to their website "We cannot facilitate any foreign currency cash transactions at this time, this includes exchanging foreign currency into Australian Dollars."

What they are good for

Travel Money Oz did have a good stock of currency. This means if you are looking for a less popular currency like they were more likely to have some in store.

When you should avoid them

Now, until they reopen. Previously if you were looking to buy more popular currencies like US Dollars (USD) or Euros (EUR), there were options both online and in-store with better exchange rates.

The exchange rates you see on the Travel Money Oz website are for online orders only. Rates in person are different from store to store but in Sydney, the branch opposite Wynard Station and the 300 George Street store was the most competitive.

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!