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Melbourne 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 Melbourne CBD.

#Locations #AUD #Currency-Exchange
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Australia’s second biggest city is a hive of activity that has a special appeal to those seeking to satisfy their arts and cultural apetites as well as their discerning palates. With reason, (but without conclusive data – just plenty of anecdotal evidence), the neighbourhoods of Fitzroy, Collingwood, and Brunswick as well as the CBD, have been touted as serving the best coffee in the world.

The curious thing behind the huge success of the cafe culture in Melbourne, is there is no template for a “Melbourne cafe”. Each cafe and neighbourhood in which it has been cultivated, has it’s own unique vibe. This in itself provides a great underlying mission for exploring Melbourne.

If not for food or coffee, you may also be in the Melbourne CBD 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. Before you hit the streets 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.

Ordering Cash Online versus buying In-Store in Melbourne

Whatever your reason for visiting, and there are so many possible reasons, before you hit the streets 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)

Compare the Online exchange rates providers and banks in Melbourne

These tables show the latest rates from some major Australian banks (CBA, ANZ and Westpac) for foreign transfers and travel money. The percentages with the rates show how much margin the bank is charging compared to the market mid-rate.

The tables are updated hourly, for the latest comparison goto our comparison calculators for Foreign Transfers and Travel Money.

You can click the rates to goto directly to the comparison table for the currency and transaction type of your choice – the percentage margins for each rate are to the latest market midrate

Travelex , 1AUD=Travel Money
AED - UAE dirham2.3514 (7.37%)
ARS - Argentine peso8.377 (392.3%)
ARS - Argentine peso35.5073 (16.15%)
BHD - Bahraini dinar0.2318 (11.78%)
BND - Brunei dollar0.8745 (5.82%)
BRL - Brazilian real2.4533 (16.61%)
CAD - Canadian dollar0.8432 (6.51%)
CHF - Swiss franc0.6373 (4.35%)
CLP - Chilean peso460.6788 (15.49%)
CNY - Chinese yuan4.5034 (4.7%)
CZK - Czech Republic koruna14.2835 (9.15%)
DKK - Danish krone4.2959 (7.82%)
EGP - Egyptian pound9.4163 (15.54%)
EUR - Euro0.5991 (3.46%)
FJD - Fijian dollar1.3838 (7.45%)
GBP - British pound sterling0.5128 (2.98%)
HKD - Hong Kong dollar5.0359 (6.03%)
HRK - Croatian kuna4.1957 (9.89%)
HUF - Hungarian forint184.9817 (12.69%)
IDR - Indonesian rupiah9048.3727 (3.68%)
ILS - Israeli New Sheqel2.1006 (13.04%)
INR - Indian rupee42.7405 (14.25%)
ISK - Icelandic krona69.7413 (22.28%)
JPY - Japanese yen72.1061 (4.98%)
KRW - South Korean won731.7341 (9.1%)
KWD - Kuwaiti dinar0.1838 (13.49%)
LKR - Sri Lankan rupee109.0888 (14.2%)
MAD - Moroccan Dirham5.6005 (17.81%)
MOP - Macanese pataca4.8139 (14.25%)
MUR - Mauritian rupee21.9636 (14.14%)
MXN - Mexican peso11.4192 (12.35%)
MYR - Malaysian ringgit2.6742 (4.23%)
NOK - Norwegian krone5.6763 (7.92%)
NPR - Nepalese rupee64.1082 (21.67%)
NZD - New Zealand dollar1.0052 (3.42%)
OMR - Omani rial0.235 (12.6%)
PGK - Papua New Guinean kina2.138 (9.63%)
PHP - Philippine peso32.3459 (8.21%)
PKR - Pakistani rupee97.049 (9.5%)
PLN - Polish zloty2.4191 (8.64%)
QAR - Qatari rial2.2761 (9.96%)
RUB - Russian ruble39.4011 (7.46%)
SAR - Saudi riyal2.427 (6.25%)
SBD - Solomon Islands dollar4.8353 (18.01%)
SEK - Swedish krona5.9988 (9.09%)
SGD - Singapore dollar0.8744 (5.91%)
THB - Thai baht19.3438 (8.04%)
TOP - Tongan paanga1.4235 (10.79%)
TRY - Turkish lira3.7398 (8.27%)
TWD - New Taiwan dollar18.2101 (13.12%)
USD - U.S. dollar0.6786 (1.3%)
VND - Vietnamese Dong14145 (12.83%)
VUV - Vanuatu vatu73.0079 (8.89%)
WST - Samoan tala1.6376 (10.16%)
XPF - CFP franc68.6563 (7.73%)
ZAR - South African rand9.0269 (10.22%)
Sat Jan 18, 2020 22:05 AEDT
Travelex & Australia Post Online Exchange Rates
 
CBA , 1AUD=Foreign TransfersTravel Money
AED - UAE dirham2.3667 (6.68%)2.3529 (7.31%)
ARS - Argentine peso39.66 (3.98%)
BRL - Brazilian real2.6288 (8.83%)
CAD - Canadian dollar0.8542 (5.14%)0.8538 (5.19%)
CHF - Swiss franc0.638 (4.23%)0.6376 (4.3%)
CLP - Chilean peso500.34 (6.33%)
CNY - Chinese yuan4.523 (4.25%)4.4968 (4.86%)
CZK - Czech Republic koruna14.97 (4.14%)14.65 (6.42%)
DKK - Danish krone4.3785 (5.79%)4.3762 (5.85%)
EUR - Euro0.586 (5.77%)0.5888 (5.26%)
FJD - Fijian dollar1.414 (5.16%)1.3883 (7.1%)
GBP - British pound sterling0.5023 (5.14%)0.5046 (4.66%)
HKD - Hong Kong dollar5.0442 (5.85%)5.0522 (5.69%)
HRK - Croatian kuna4.2643 (8.13%)
HUF - Hungarian forint195.63 (6.55%)191.4 (8.91%)
IDR - Indonesian rupiah9042.31 (3.75%)8846.78 (6.04%)
ILS - Israeli New Sheqel2.2499 (5.54%)2.2012 (7.88%)
INR - Indian rupee47.05 (3.78%)
JPY - Japanese yen70.07 (8.03%)70.4 (7.53%)
KRW - South Korean won753.5 (5.95%)737.21 (8.29%)
KWD - Kuwaiti dinar0.1958 (6.54%)0.1916 (8.87%)
LKR - Sri Lankan rupee116.11 (7.29%)113.6 (9.67%)
MUR - Mauritian rupee23.52 (6.59%)23.01 (8.95%)
MXN - Mexican peso12.23 (4.91%)
MYR - Malaysian ringgit2.6625 (4.69%)
NOK - Norwegian krone5.9254 (3.38%)5.9222 (3.44%)
NPR - Nepalese rupee67.62 (15.35%)
NZD - New Zealand dollar1.0209 (1.83%)1.0172 (2.2%)
OMR - Omani rial0.2481 (6.65%)0.2428 (8.98%)
PGK - Papua New Guinean kina2.1684 (8.09%)
PHP - Philippine peso32.57 (7.46%)31.87 (9.82%)
PLN - Polish zloty2.5144 (4.53%)2.46 (6.84%)
QAR - Qatari rial2.2948 (9.06%)
SAR - Saudi riyal2.4164 (6.72%)2.3641 (9.08%)
SBD - Solomon Islands dollar5.1486 (10.82%)4.9485 (15.31%)
SEK - Swedish krona6.2843 (4.13%)6.2809 (4.19%)
SGD - Singapore dollar0.8783 (5.44%)0.8786 (5.41%)
THB - Thai baht19.47 (7.34%)19.39 (7.79%)
TOP - Tongan paanga1.3948 (13.07%)
TRY - Turkish lira3.709 (9.17%)3.6288 (11.59%)
TWD - New Taiwan dollar19.26 (6.96%)
USD - U.S. dollar0.6444 (6.67%)0.6509 (5.61%)
VND - Vietnamese Dong14852.62 (7.46%)14492.27 (10.13%)
VUV - Vanuatu vatu74.02 (7.4%)71.14 (11.75%)
WST - Samoan tala1.603 (12.54%)
XPF - CFP franc70.91 (4.3%)68.15 (8.53%)
ZAR - South African rand9.6276 (3.35%)9.5718 (3.95%)
Sat Jan 18, 2020 22:05 AEDT
Commonwealth Bank Exchange Rates
 
ANZ , 1AUD=Foreign TransfersTravel Money
AED - UAE dirham2.4534 (2.91%)2.4534 (2.91%)
BDT - Bangladeshi Taka56.154 (3.8%)
CAD - Canadian dollar0.8719 (3%)0.8719 (3%)
CHF - Swiss franc0.645 (3.1%)0.645 (3.1%)
CNY - Chinese yuan4.5645 (3.3%)
CZK - Czech Republic koruna15.1081 (3.19%)
DKK - Danish krone4.487 (3.23%)4.487 (3.23%)
EUR - Euro0.5978 (3.68%)0.5978 (3.68%)
FJD - Fijian dollar1.4502 (2.53%)1.4502 (2.53%)
GBP - British pound sterling0.5105 (3.45%)0.5105 (3.45%)
HKD - Hong Kong dollar5.195 (2.78%)5.195 (2.78%)
HUF - Hungarian forint200.784 (3.82%)
ILS - Israeli New Sheqel2.3083 (2.87%)
INR - Indian rupee47.096 (3.68%)
JPY - Japanese yen73.64 (2.8%)73.64 (2.8%)
KRW - South Korean won763.1696 (4.61%)
KWD - Kuwaiti dinar0.2012 (3.68%)
LKR - Sri Lankan rupee120.43 (3.45%)
MUR - Mauritian rupee24.267 (3.31%)
MXN - Mexican peso12.5602 (2.15%)
MYR - Malaysian ringgit2.6741 (4.24%)
NOK - Norwegian krone5.939 (3.15%)
NZD - New Zealand dollar1.0087 (3.06%)1.0087 (3.06%)
OMR - Omani rial0.254 (4.17%)
PGK - Papua New Guinean kina2.1413 (9.46%)2.0664 (13.42%)
PHP - Philippine peso33.626 (4.09%)
PLN - Polish zloty2.5403 (3.46%)
QAR - Qatari rial2.4467 (2.29%)
SAR - Saudi riyal2.508 (2.82%)
SBD - Solomon Islands dollar5.2855 (7.95%)
SEK - Swedish krona6.344 (3.15%)
SGD - Singapore dollar0.9 (2.9%)0.9 (2.9%)
THB - Thai baht20.235 (3.29%)20.235 (3.29%)
TOP - Tongan paanga1.5316 (2.97%)
TRY - Turkish lira3.8875 (4.16%)
USD - U.S. dollar0.6685 (2.83%)0.6685 (2.83%)
VUV - Vanuatu vatu76.209 (4.32%)
WST - Samoan tala1.7232 (4.69%)
XPF - CFP franc70.193 (5.37%)
ZAR - South African rand9.5261 (4.45%)9.5261 (4.45%)
Sat Jan 18, 2020 22:05 AEDT
ANZ Bank Exchange Rates
 
Westpac Bank Exchange Rates
 

 

Melbourne CBD 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.

 

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