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Gold Coast – Best Currency Exchange Rates

In this article we show you how to save money if you find yourself looking for Foreign Cash on the Gold Coast.

The famed Gold Coast of Australia offers stunning beaches along Surfers Paradise and Broadbeach, a plethora of international standard restaurants, and a unique opportunity to wonder through the unchanged hinterland of Gondwana rainforests.

You may also be on the Gold Coast 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. Whatever the reason for your trip to the Gold Coast, you are better off ordering your foreign cash online from Travelex and then picking up the cash at a Post Office branch near to where you live or work.

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)

Travelex Currency Exchange Rates vs the Banks

The below live travel money comparison table shows how much you could save on your next foreign transfer or travel money purchase by ordering online for Auspost pickup vs the Average Bank Rate. This example shows you the situation where you want to change $AUD 2,000 for foreign cash, note the margins are compared to the current market mid-rate.

 
FX ProviderAmount EURExchange RateFee AUDDeal Links
Travelex Card
566.18
5.24%
Save €2.69
0.5748$0 BPay, Card 0.72%-1%
Travelex Cash
570.61
4.5%
€4.43 more
0.5793$0 BPay, Card 0.72%-1%
ANZ Bank logo
ANZ Bank
567.15
5.08%
€0.97 more
0.581124
CommBank logo
CommBank
562.96
5.78%
€3.22 less
0.569812
St George Bank logo
St George Bank
562.18
5.91%
€4 less
0.57624
ANZ Bank logo CommBank logo St George Bank logo Bank of Melbourne logo BankSA logo
561.53
6.02%
Bank Average
0.573720
BankSA logo
BankSA
558.24
6.57%
€7.94 less
0.570822
Bank of Melbourne logo
Bank of Melbourne
557.10
6.76%
€9.08 less
0.570824
Travelex Card
 
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Travelex Card: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.5748 (-3.8% from mid-rate)
To Amount (EUR)566.18
Total Cost:5.24%
Time:
Rate Fetched: 5:28 Local
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Review:


Travelex Cash
 
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Travelex Cash: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.5793 (-3.05% from mid-rate)
To Amount (EUR)570.61
Total Cost:4.5%
Time:
Rate Fetched: Tue Oct 20 2020 05:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Review:


ANZ Bank
 
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ANZ Bank: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:24
Exchange Rate:0.5811 (-2.74% from mid-rate)
To Amount (EUR)567.15
Total Cost:5.08%
Time:
Rate Fetched: website - Tue Oct 20 2020 05:03:04 GMT+0000 (UTC)
Currency Services:
Delivery/Collect:-
Rating:
 
: 3/5.0
Review:


CommBank
 
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CommBank: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:12
Exchange Rate:0.5698 (-4.64% from mid-rate)
To Amount (EUR)562.96
Total Cost:5.78%
Time:
Rate Fetched: website - Tue Oct 20 2020 05:02:02 GMT+0000 (UTC)
Currency Services:
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Review:


St George Bank
 
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St George Bank: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:24
Exchange Rate:0.5760 (-3.6% from mid-rate)
To Amount (EUR)562.18
Total Cost:5.91%
Time:
Rate Fetched: website - 5:28 Local
Currency Services:
Delivery/Collect:-
Rating:
 
: 1/5.0
Review:


Banks - Average Rate
 
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Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:
Exchange Rate:0.5706 (-4.5% from mid-rate)
To Amount (EUR)561.53
Total Cost:6.02%
Currency Services:
Click bank icon to add to table
Delivery/Collect:-


BankSA
 
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BankSA: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:22
Exchange Rate:0.5708 (-4.47% from mid-rate)
To Amount (EUR)558.24
Total Cost:6.57%
Time:
Rate Fetched: website - 5:28 Local
Currency Services:
Delivery/Collect:-
Rating:
: /5.0
Review:


Bank of Melbourne
 
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Bank of Melbourne: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:24
Exchange Rate:0.5708 (-4.47% from mid-rate)
To Amount (EUR)557.10
Total Cost:6.76%
Time:
Rate Fetched: website - 5:28 Local
Currency Services:
Delivery/Collect:-
Rating:
: /5.0
Review:


 
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Snapshot 10/20/2020 - View live rates
Auspost currency exchange rates vs bank average
 

 

Gold Coast Currency Exchange Locations

Pre-Order Foreign Cash & Save

Australia Post logo Travelex logo HSBC logo

Order travel money online

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.

Further Reading

 
Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.