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Commonwealth Bank AUD to CHF Travel Money Compared

AUD-CHF Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your Commonwealth Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 

What are the Commonwealth Bank rates for other currencies?

The table below shows Commonwealth Bank Australian dollar (AUD) Buy Cash exchange rates with the percentage of margin being charged from the current market mid-rate :

 
Currency route Mid market rate Commonwealth Bank Buy Cash Rate Cost%
AUD - CAD0.89180.8553-4.1%
AUD - CNY4.69974.5140-4%
AUD - EUR0.55700.5361-3.8%
AUD - GBP0.48030.4616-3.9%
AUD - HKD5.15054.9416-4.1%
AUD - JPY94.6991.23-3.7%
AUD - NZD1.08141.0392-3.9%
AUD - SGD0.83570.8029-3.9%
AUD - USD0.65610.6312-3.8%
Commonwealth Bank Buy Cash Exchange Rates
   

Comparing CBA exchange rates

Overall these are the main points to consider when comparing CBA exchange rates:

  • CBA provides extensive foreign exchange services, FX Specialists provide more additional services and generally speaking a higher level of expertise;
  • CBA products are available both in-branch and online via their online banking platform NetBank. FX Specialists for foreign transfers are on-line but you can speak to them on the phone, and in some cases you will have an account manager;
  • Commonwealth Bank exchange rates for foreign transfers are generally poor compared to using an FX specialist.
  • Commonwealth Bank exchange rates for travel money are comparable to those of the other Australian banks but you will, more likely than not, get less for your dollar than if you ordered your foreign currency and travel money online through providers such as Travelex.
  • Average to poor exchange rates need to be weighed up against convenience of using a familiar internet banking platform.
 
     
Switzerland

Everyday Costs in in Switzerland

How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.

Currency Guide: Switzerland (ISO Code: CH)

For a one-week mid-range stay in Switzerland, travelers should budget approximately CHF 1,500 to CHF 2,200 (around $1,650 to $2,400 USD). This estimate includes accommodations, meals, and local transportation, ensuring a comfortable travel experience without skimping on quality. Here’s a quick overview of typical daily expenses you can expect in Swiss Francs (CHF) 🍽️:

  • Meal at a local restaurant: CHF 25-40
  • Coffee: CHF 5-6 ☕
  • Public transport fare: CHF 4-8
  • Prepaid SIM card: CHF 30-50 📱
  • Budget hotel or Airbnb: CHF 100-180 per night

Switzerland has a reputation for being on the pricier side of travel destinations, and this holds true when compared to both the United States and Australia. A similar experience in the U.S. might range from $1,000 - $1,500 for a week, while Australia may cost around AUD 1,200 - AUD 1,800. Overall, travelers can expect Switzerland to lean toward the expensive side, thanks to its higher cost of living and premium services.

Expat Insights for Living in Switzerland

For expats relocating to Switzerland, the typical monthly living costs can range from CHF 3,500 to CHF 5,500, depending on the city and lifestyle. Rent, utilities, and groceries are significant contributors to this budget. For example, a one-bedroom apartment in Zurich can cost CHF 2,200-3,000, while groceries might set you back around CHF 300-600 monthly.

When it comes to banking and managing your finances, utilizing local banks can offer convenience, but keep an eye on service fees. Credit and debit cards are widely accepted, making cash less of a necessity. However, for the best exchange rates and lower fees, online money transfer services like Wise or OFX are often beneficial for transactions both domestically and internationally. It’s recommended to exchange a small amount of money upon arrival for immediate expenses like transport, while relying on online services for larger transfers or ongoing living expenses to maximize your savings.

 

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