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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.

#Locations #AUD #Currency-Exchange
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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 Travelex, Post Office or HSBC branch.

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.

 
Travel Money ProvidersAmount USD(U$)Exchange RateFee AUDTotal CostDeal Links
ANZ Bank logo
U$659.93
Compare
0.6666A$104.08%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
U$653.94
U$5.99 less
0.6639A$154.95%
BankSA Foreign Currency
BankSA logo
U$653.94
U$5.99 less
0.6639A$154.95%
Westpac logo
U$644.89
U$15 less
0.6514A$106.27%
Commonwealth Bank (CBA) logo
U$644.39
U$16 less
0.6509A$106.34%
St George Bank logo
U$640.45
U$19 less
0.6502A$156.91%
 
ANZ Bank logo
ANZ Bank: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.6666 (3.11% from mid-rate)
To Amount (USD) U$659.93
Total Cost:4.08%
Time:
Rate Fetched: website - Mon Jan 20 2020 00:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
 
Bank of Melbourne logo
Bank of Melbourne: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6639 (3.5% from mid-rate)
To Amount (USD) U$653.94
Total Cost:4.95%
Time:
Rate Fetched: website - 0:48 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
BankSA logo
BankSA: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6639 (3.5% from mid-rate)
To Amount (USD) U$653.94
Total Cost:4.95%
Time:
Rate Fetched: website - 0:48 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Westpac logo
Westpac: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.6514 (5.32% from mid-rate)
To Amount (USD) U$644.89
Total Cost:6.27%
Time:
Rate Fetched: website - Sun Jan 19 2020 21:30:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.6509 (5.39% from mid-rate)
To Amount (USD) U$644.39
Total Cost:6.34%
Time:
Rate Fetched: website - Mon Jan 20 2020 00:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
St George Bank logo
St George Bank: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6502 (5.49% from mid-rate)
To Amount (USD) U$640.45
Total Cost:6.91%
Time:
Rate Fetched: website - 0:48 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 01/20/2020 - See full table
Auspost currency exchange rates vs bank average
 

 

Gold Coast Currency Exchange Locations

Pre-Order Foreign Cash & Save

Australia Post logo ForeignXchange logo

Order travel money online

Get better rates than available to you by walking into Travelex, Auspost or HSBC branches by pre-ordering online from Foreign Xchange, you can still pick up in person at any Auspost.

Further Reading

Australians Swerve Thai Holidays with Exchange Rates in the Gutter

With AUD-THB at a 10-year low, Australians travelling this year to Thailand’s wildly popular resorts are facing holiday costs 50 percent higher than those paid in 2012. With exchange rates as they are, those in Oz are choosing better-value destinations.

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.

Travelex & TravelMoneyOz – Who has best rates?

To help you choose between Travelex and Travel Money Oz the following live exchange rates table shows who has the best exchange rate when ordering foreign currency online.

Travel Money Oz – BER Review

Travel Money Oz has 130+ stores across Australia that stay open late and on weekends, 24×7 online orders and friendly phone service available. Offering 60+ currencies to buy and sell, travel money cards, international transfers and travel insurance.

 

Posted to: Locations

 
   

Get a Better FX Deal when you Send and Spend Abroad.

 

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