Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
    eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan

    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.

    Review Updated: Nov 06, 2020


    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 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.

    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 Foreign Xchange or 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)

    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 dirham2.5183 (9.5%)
    ARS - Argentine peso8.377 (793.04%)
    ARS - Argentine peso65.3511 (14.47%)
    BHD - Bahraini dinar0.2448 (15.6%)
    BND - Brunei dollar0.8986 (12.73%)
    BRL - Brazilian real3.4372 (20.93%)
    CAD - Canadian dollar0.8771 (5.8%)
    CHF - Swiss franc0.6523 (5.67%)
    CLP - Chilean peso546.9562 (10.54%)
    CNY - Chinese yuan4.5111 (6.38%)
    CZK - Czech Republic koruna15.0454 (10.6%)
    DKK - Danish krone4.5243 (6.42%)
    EGP - Egyptian pound11.4662 (2.82%)
    EGP - Egyptian pound9.4163 (25.21%)
    EUR - Euro0.626 (3.39%)
    FJD - Fijian dollar1.4709 (5.58%)
    GBP - British pound0.5303 (3.07%)
    HKD - Hong Kong dollar5.5286 (5.62%)
    HRK - Croatian kuna4.3959 (10.65%)
    HUF - Hungarian forint212.3109 (10.74%)
    IDR - Indonesian rupiah9613.3074 (11.04%)
    ILS - Israeli New Sheqel2.1275 (12.58%)
    INR - Indian rupee48.5811 (15.97%)
    ISK - Icelandic krona80.2511 (20.96%)
    JPY - Japanese yen80.8675 (5.64%)
    KRW - South Korean won820.1387 (7.34%)
    KWD - Kuwaiti dinar0.2101 (7.76%)
    LKR - Sri Lankan rupee134.6808 (12.3%)
    MAD - Moroccan Dirham5.6005 (21.59%)
    MOP - Macanese pataca5.1161 (17.54%)
    MUR - Mauritian rupee29.4067 (10.93%)
    MXN - Mexican peso13.3668 (14.01%)
    MYR - Malaysian ringgit2.9679 (4.98%)
    NOK - Norwegian krone5.8232 (8.64%)
    NPR - Nepalese rupee73.2851 (22.99%)
    NZD - New Zealand dollar1.0175 (2.95%)
    OMR - Omani rial0.2613 (10.6%)
    PGK - Papua New Guinean kina2.2467 (17.95%)
    PHP - Philippine peso34.1341 (11.56%)
    PKR - Pakistani rupee109.2558 (19.63%)
    PLN - Polish zloty2.7036 (10.66%)
    QAR - Qatari rial2.5044 (9.14%)
    RUB - Russian ruble47.3232 (11.87%)
    SAR - Saudi riyal2.6088 (7.95%)
    SBD - Solomon Islands dollar5.1543 (16.89%)
    SEK - Swedish krona5.9524 (8.31%)
    SGD - Singapore dollar0.9584 (5.67%)
    THB - Thai baht23.5875 (5.95%)
    TOP - Tongan paanga1.4731 (14.02%)
    TRY - Turkish lira5.0194 (42.14%)
    TWD - New Taiwan dollar18.8843 (10.62%)
    USD - US dollar0.7292 (2.95%)
    VND - Vietnamese Dong15315 (11.51%)
    VUV - Vanuatu vatu72.4278 (15.72%)
    WST - Samoan tala1.6897 (14.1%)
    XPF - CFP franc68.2795 (13.11%)
    ZAR - South African rand10.432 (8.42%)
    Thu Oct 28, 2021 11:05 AEDT
    Travelex & Australia Post Online Exchange Rates
     
    CBA , 1AUD=Foreign TransfersTravel Money
    AED - UAE dirham2.6149 (5.45%)2.599 (6.1%)
    BRL - Brazilian real3.8573 (7.76%)
    CAD - Canadian dollar0.8804 (5.41%)0.879 (5.57%)
    CHF - Swiss franc0.6541 (5.38%)0.652 (5.72%)
    CLP - Chilean peso560.91 (7.79%)
    CNY - Chinese yuan4.525 (6.06%)
    CZK - Czech Republic koruna15.78 (5.45%)15.43 (7.84%)
    DKK - Danish krone4.5675 (5.41%)4.5628 (5.52%)
    EUR - Euro0.6212 (4.19%)0.6166 (4.96%)
    FJD - Fijian dollar1.4801 (4.93%)1.4306 (8.56%)
    GBP - British pound0.5186 (5.4%)0.5205 (5.01%)
    HKD - Hong Kong dollar5.5401 (5.4%)5.5344 (5.51%)
    HRK - Croatian kuna4.5109 (7.83%)
    HUF - Hungarian forint222.93 (5.46%)218.03 (7.83%)
    IDR - Indonesian rupiah10007.8 (6.66%)9788.52 (9.05%)
    ILS - Israeli New Sheqel2.2685 (5.58%)2.2187 (7.95%)
    INR - Indian rupee53.53 (5.25%)
    JPY - Japanese yen81.06 (5.39%)81.44 (4.9%)
    KRW - South Korean won835.36 (5.39%)816.66 (7.8%)
    KWD - Kuwaiti dinar0.2142 (5.7%)0.2094 (8.12%)
    LBP - Lebanese pound1072.51 (6.65%)
    LKR - Sri Lankan rupee140.89 (7.35%)137.81 (9.75%)
    MUR - Mauritian rupee30.84 (5.77%)30.17 (8.12%)
    MXN - Mexican peso14.13 (7.86%)
    MYR - Malaysian ringgit2.9402 (5.97%)
    NOK - Norwegian krone5.9933 (5.55%)5.9543 (6.24%)
    NPR - Nepalese rupee67.62 (33.29%)
    NZD - New Zealand dollar1.0067 (4.05%)0.9969 (5.08%)
    OMR - Omani rial0.2743 (5.36%)0.2682 (7.76%)
    PGK - Papua New Guinean kina2.5046 (5.81%)
    PHP - Philippine peso35.76 (6.49%)34.98 (8.86%)
    PLN - Polish zloty2.8351 (5.53%)2.7687 (8.06%)
    QAR - Qatari rial2.5358 (7.79%)
    SAR - Saudi riyal2.6707 (5.45%)2.6122 (7.81%)
    SBD - Solomon Islands dollar5.5679 (8.21%)5.268 (14.37%)
    SEK - Swedish krona6.115 (5.43%)6.1077 (5.56%)
    SGD - Singapore dollar0.9607 (5.41%)0.9589 (5.61%)
    THB - Thai baht23.66 (5.62%)23.52 (6.25%)
    TOP - Tongan paanga1.4951 (12.35%)
    TRY - Turkish lira6.7566 (5.59%)6.6033 (8.05%)
    TWD - New Taiwan dollar19.37 (7.85%)
    USD - US dollar0.7214 (4.06%)0.7193 (4.37%)
    VND - Vietnamese Dong16088.69 (6.14%)15693.76 (8.82%)
    VUV - Vanuatu vatu79.01 (6.08%)74.76 (12.11%)
    WST - Samoan tala1.7327 (11.27%)
    XPF - CFP franc72.86 (6%)68.93 (12.04%)
    ZAR - South African rand10.73 (5.41%)10.67 (6%)
    Thu Oct 28, 2021 11:05 AEDT
    Commonwealth Bank Exchange Rates
     
    ANZ Bank Exchange Rates
     
    Westpac Bank Exchange Rates
     

     

    Melbourne 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

     

    Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors should not be taken as a reference to buy or sell any financial product.