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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.

 
 

AUD to USD - Travel Money & Cards

Provider Amount USD(U$) Exchange RateFee AUDDeal Links
Travelex Online Card
U$631.88
5.24%
  Compared
0.6415$0 BPay, Card 0.72%-1%
Travelex Online Foreign Cash
Travelex Online logo
U$630.10
5.5%
  Compared
0.6397$0 BPay, Card 0.72%-1%
ANZ Bank logo
U$637.56
4.39%
U$5.68 more
0.644A$10.00
Bank of Melbourne Foreign Cash
Bank of Melbourne logo
U$633.85
4.94%
U$1.97 more
0.6435A$15
BankSA Foreign Cash
BankSA logo
U$633.85
4.94%
U$1.97 more
0.6435A$15
Banks - Average Rate
ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Melbourne logo BankSA logo
U$633.85
4.94%
U$1.97 more
0.64220
St George Bank logo
U$633.16
5.04%
U$1.28 more
0.6428A$15
Commonwealth Bank (CBA) logo
U$630.83
5.39%
U$1.05 less
0.6372A$10.00
 
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Travelex Online: Travel Money AUD→USD
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:0.6415 (-3.79% from mid-rate)
To Amount (USD) U$631.88
Total Cost:5.24%
Time:
Rate Fetched: 20:50 Local
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
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Travelex Online: Travel Money AUD→USD
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:0.6397 (-4.06% from mid-rate)
To Amount (USD) U$630.10
Total Cost:5.5%
Time:
Rate Fetched: Sat May 30 2020 20:45:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
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ANZ Bank: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$10.00 AUD (1%)
Exchange Rate:0.644 (-3.42% from mid-rate)
To Amount (USD) U$637.56
Total Cost:4.39%
Time:
Rate Fetched: website - Sat May 30 2020 20:03:05 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
 
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Bank of Melbourne: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6435 (-3.49% from mid-rate)
To Amount (USD) U$633.85
Total Cost:4.94%
Time:
Rate Fetched: website - 20:50 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
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BankSA: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6435 (-3.49% from mid-rate)
To Amount (USD) U$633.85
Total Cost:4.94%
Time:
Rate Fetched: website - 20:50 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
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Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:
Exchange Rate:0.6338 (-4.95% from mid-rate)
To Amount (USD) U$633.85
Total Cost:4.94%
Currency Services:Branch
Delivery/Collect:-
 
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St George Bank: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6428 (-3.6% from mid-rate)
To Amount (USD) U$633.16
Total Cost:5.04%
Time:
Rate Fetched: website - 20:50 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
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Commonwealth Bank (CBA): Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$10.00 AUD (1%)
Exchange Rate:0.6372 (-4.44% from mid-rate)
To Amount (USD) U$630.83
Total Cost:5.39%
Time:
Rate Fetched: website - Sat May 30 2020 20:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
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Snapshot 05/30/2020 - 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.
 
 

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