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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 USD - Travel Money & Cards

Australia Post logo

Provider Amount USD(U$) Exchange RateFee AUDDeal Links
Australia Post Foreign Cash
Australia Post logo
U$642.80
3.6%
  Compared
0.6428$0 BPay, Card 0.72%-1%
ANZ Bank logo
U$637.56
4.39%
U$5.24 less
0.644A$10.00
Bank of Melbourne Foreign Cash
Bank of Melbourne logo
U$633.85
4.94%
U$8.95 less
0.6435A$15
BankSA Foreign Cash
BankSA logo
U$633.85
4.94%
U$8.95 less
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$8.95 less
0.64220
St George Bank logo
U$633.16
5.04%
U$9.64 less
0.6428A$15
Commonwealth Bank (CBA) logo
U$630.83
5.39%
U$12 less
0.6372A$10.00
 
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Australia Post: 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:0.6428 (-3.6% from mid-rate)
To Amount (USD) U$642.80
Total Cost:3.6%
Time:20:47 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
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:
 
loading
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 - 20:47 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
loading
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 - 20:47 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
loading
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:-
 
loading
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 - 20:47 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
 
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

Revolut Card in Australia – Review

We review Revolut, a digital bank that allows users to receive, send and spend money at the interbank exchange rate.

SendFX Review

SendFX is a fascinating new entrant in the payments industry. It provides discounted cross-border money transfers, multi-currency wallets and other FX solutions to individuals and SMEs, complete with a customer rewards program.

OFX Global Currency Account – BER Review

OFX Global Currency Account – Independent BER Review OFX Global Currency Account: A Summary OFX has a 30-year history and is one of the largest foreign exchange specialists in the world. It offers a “Global Currency Account” that allows online sellers to hold, send and receive funds in GBP, EUR, USD, AUD, CAD and HKD. […]

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.
 
 

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