In this article we show you how to save money if you find yourself looking for Foreign Cash in Adelaide.
Adelaide is brimming with culture, flavours and entertainment. The celebrated wine regions of the Barossa Valley and Adelaide Hills are moments away from the city, whilst in the city itself, there is thriving restaurant and bar scene around Leigh Street and Peel street.
You may be in the Adelaide doing some last minute shopping; picking up a backpack for an overseas trip or perhaps ducking out of work to grab some foreign cash for a business trip. Before you hit the streets you are better off ordering your foreign cash online from Foreign Xchange and then picking up the cash at their branch at 22 Grenfell St or any Post Office in Adelaide.
You will find that you can save a couple of percent on the exchange rate margin by pre-ordering your cash. Our Review of Auspost exchange rates includes the following table that shows you an example of how much you can save.
Currency | Amount | Branch Rate | Online Rate | Branch Cost | Online Cost | Online Saving | Saving % |
---|---|---|---|---|---|---|---|
USD | $500 | 0.6924 | 0.7138 | $722.14 | $700.48 | $21.66 | 3% |
EUR | €500 | 0.5852 | 0.6033 | $854.41 | $828.78 | $25.63 | 3% |
GBP | £500 | 0.5239 | 0.5401 | $954.39 | $925.75 | $28.63 | 3% |
JPY | ¥50,000 | 75.372 | 78.5122 | $663.38 | $636.84 | $26.54 | 4% |
NZD | $500 | 1.0223 | 1.0539 | $489.10 | $474.43 | $14.67 | 3% |
Total | $4,698.21 | $4,698.21 | $129.85 | 3% |
Table showing Online vs In-branch Savings with AusPost (exchange rates were valid for 21st July, 2018)
Get better rates than available to you in-branch by first ordering online from Foreign Xchange for home delivery, you can still pick up in person at any Australia Post branch.
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Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors or users should not be taken as a reference to buy or sell any financial product.