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Perth CBD – Best Currency Exchange Rates

In this article we show you how to save money if you find yourself looking for Foreign Cash in the Perth CBD.

The capital of Western Australia, Perth, has a host of experiences on offer from white sandy beaches, the fine wine regions of Swan Districts, Margaret River and Pemberton, and a diverse urban city centre which has something to offer everyone.

Whether you are visiting as a tourist or over on business, you will want to be prepared for your trip and ready with some australian dollars in your wallet.

You’ll have no problems using a topped up travel card or credit card. As always though, it’s wise to have some cash at the ready.

Ordering your foreign cash online from Travelex for delivery or if you’re in a rush then picking up the cash at a Post Office branch near to where you live or work is your best bet for convenience and getting more for your currency.

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)

 

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.

 

Australia Post 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 EUR - Spend & Travel

 Compare  Australia Post logo

Provider ReviewAmount EUR(€)Exchange RateFee AUDDeal Links
Australia Post logo
Australia Post
587.50
3.59%
0.5875$0 BPay, Card 0.72%-1%
ANZ Bank logo
ANZ Bank
573.69
5.86%
€14 less
0.587824
St George Bank logo
St George Bank
573.40
5.91%
€14 less
0.587524
CommBank logo
CommBank
572.55
6.05%
€15 less
0.579512
Banks - Average Rate
ANZ Bank logo CommBank logo St George Bank logo Bank of Melbourne logo BankSA logo
571.45
6.23%
€16 less
0.58380
BankSA logo
BankSA
569.39
6.57%
€18 less
0.582222
Bank of Melbourne logo
Bank of Melbourne
568.23
6.76%
€19 less
0.582224
Australia Post
 
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Australia Post: 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:0.5875 (-3.59% from mid-rate)
To Amount (EUR)587.50
Total Cost:3.59%
Time:11:26 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Review:


ANZ Bank
 
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ANZ Bank: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:24
Exchange Rate:0.5878 (-3.54% from mid-rate)
To Amount (EUR)573.69
Total Cost:5.86%
Time:
Rate Fetched: website - Fri Aug 07 2020 11:03:05 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
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:0.5875 (-3.59% from mid-rate)
To Amount (EUR)573.40
Total Cost:5.91%
Time:
Rate Fetched: website - 11:26 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Review:


CommBank
 
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CommBank: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:12
Exchange Rate:0.5795 (-4.91% from mid-rate)
To Amount (EUR)572.55
Total Cost:6.05%
Time:
Rate Fetched: website - Fri Aug 07 2020 11:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Review:


Banks - Average Rate
 
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Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:
Exchange Rate:0.5792 (-4.96% from mid-rate)
To Amount (EUR)571.45
Total Cost:6.23%
Currency Services:Branch
Delivery/Collect:-


BankSA
 
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BankSA: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:22
Exchange Rate:0.5822 (-4.46% from mid-rate)
To Amount (EUR)569.39
Total Cost:6.57%
Time:
Rate Fetched: website - 11:26 Local
Currency Services:Branch
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:0.5822 (-4.46% from mid-rate)
To Amount (EUR)568.23
Total Cost:6.76%
Time:
Rate Fetched: website - 11:26 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Review:


 
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Snapshot 08/07/2020 - View live rates
Auspost currency exchange rates vs bank average
 
Perth CBD 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

Australia Post Exchange Rates Compared

In this article we take a look at Australia Post exchange rates and foreign currency services. Getting your travel money from the local Auspost branch is convenient but with a little planning (and ordering online) you can also save money for your next trip abroad.

Travelex Exchange Rates Australia – BER Review

In this article we take a look at Travelex Australia exchange rates and foreign currency services. Getting your travel money from the local Travelex branch is convenient but with a little planning (and ordering online) you can also save money for your next trip abroad.

XE Money Transfer – BER Review

XE works on razor thin margins for money transfers to more than 100 countries and nearly always guarantees a fantastic deal. Transfers can be booked online and over the phone and most are processed within a single working day.

TransferWise Borderless Account – BER Review

TransferWise’s Borderless Account allows users to hold and convert funds in 40 different currencies and send and spend internationally, all at the “real” exchange rate and with exceptionally low service fees. Users can also receive major-currency payments free of charge.


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.