Loading...

Gold Coast – Best Currency Exchange Rates

OFX USA - International Money Transfers

  • Low cost and transparent fees
  • Excellent customer service and advice
  • Support is available 24/7 online or by phone
  • Rapid funds transfer from U.S. with large network of banking partners

In this article we show you how to save money if you find yourself looking for Foreign Cash on the Gold Coast.

#Guides
Email share     Facebook     LinkedIn    Twitter

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.

 
Travel Money Providers Amount USD(U$)Exchange RateFee AUDTotal CostDeal Links
Travelex Online AU logo
642.60 U$
Compare
0.6426$0 BPay, Card 0.72%-1%2.3%
ANZ Bank logo
633.50 U$
U$9.1 less
0.6399A$103.68%
Banks - Average Rate
ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Melbourne logo BankSA logo
626.37 U$
U$16 less
0.634604.76%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
625.18 U$
U$17 less
0.6347A$154.94%
BankSA Foreign Currency
BankSA logo
625.18 U$
U$17 less
0.6347A$154.94%
St George Bank logo
624.49 U$
U$18 less
0.634A$155.05%
Commonwealth Bank (CBA) logo
623.50 U$
U$19 less
0.6298A$105.2%
 
Travelex Online AU logo
Travelex Online AU: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.6426 (2.3% from mid-rate)
To Amount (USD)642.60 U$
Total Cost:2.3%
Time:
Rate Fetched: Wed Feb 26 2020 08:45:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
ANZ Bank logo
ANZ Bank: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.6399 (2.71% from mid-rate)
To Amount (USD)633.50 U$
Total Cost:3.68%
Time:
Rate Fetched: website - Wed Feb 26 2020 08:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
 
Banks - Average Rate
Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:
Exchange Rate:0.6252 (4.94% from mid-rate)
To Amount (USD)626.37 U$
Total Cost:4.76%
Currency Services:Branch
Delivery/Collect:-
 
Bank of Melbourne logo
Bank of Melbourne: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6347 (3.5% from mid-rate)
To Amount (USD)625.18 U$
Total Cost:4.94%
Time:
Rate Fetched: website - 8:49 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$15 AUD (Minimum fee)
Exchange Rate:0.6347 (3.5% from mid-rate)
To Amount (USD)625.18 U$
Total Cost:4.94%
Time:
Rate Fetched: website - 8:49 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
St George Bank logo
St George Bank: Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6340 (3.6% from mid-rate)
To Amount (USD)624.49 U$
Total Cost:5.05%
Time:
Rate Fetched: website - 8:49 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Travel Money AUD→USD
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.6298 (4.24% from mid-rate)
To Amount (USD)623.50 U$
Total Cost:5.2%
Time:
Rate Fetched: website - Wed Feb 26 2020 08:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
Snapshot 02/26/2020 - View latest rates
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 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

Coronavirus unnerves currency markets

The strong start to the year for “risk-on” currencies is already a distant memory.

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.


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

 
Do NOT follow this link or you will be banned from the site!