Best places to exchange currency in Melbourne
Trusted by investors and collectors nationwide with competitive rates and guaranteed authenticity. Manage multiple currencies effortlessly with Travelex's award-winning travel card. Simply load, tap, and go wherever Mastercard is accepted worldwide. If you haven't spent all your foreign currency coins before returning to Australia, you can either keep it for your next trip or donate it to charity. You can easily donate at the Commonwealth Bank and Travel Money Oz, with the money going to UNICEF.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. First off, in case you’re wondering something along the lines of “does Australia use Australian dollars? The 墨尔本 跨境汇款 currency in Melbourne — and the rest of Australia — is the Australian dollar. Trading in your Canadian Dollars (CAD) for Aussie Dollars (AUD)? If you're heading from the Rockies to the Great Barrier Reef, we'll give you great rates so you can explore Australia's wonders. From Buckingham Palace to the Sydney Opera House, exchange your British Pounds (GBP) for Australian Dollars (AUD) and make your journey down under unforgettable.
If you're exchanging money at a major bank you can rest assured it's licensed. If you're using physical currency exchange stores it's worth asking how they're regulated - and with online providers you can usually find everything you need in a footnote on the website, including licensing details. Airports often have currency exchange services - but they’re not usually good value. Services at the airport know that customers have few options left, which means they can crank up the costs.
Not all banks offer exchange services if you’re not their customer, so a currency exchange store may be easier - make sure the one you pick is safe and properly licensed. Most importantly, look at the full cost of the exchange — including any commissions or hidden fees. When you reserve your travel money online with Prosegur Change, you get 0% commission and can lock in your rate ahead of time, helping you avoid surprises and saving you money before you even take off.
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If you want to proceed, you will need to confirm the order via email or phone and then pay the full amount into the bank account listed. I visited a Crown Currency store in Melbourne to find out what the exchange rate was to buy £1000 in Great British Pounds. At the same time, I requested a quote for the student and seniors discounted exchange rate (more on that below). We recommend ordering at least 5 business days before you travel to allow for processing and delivery. Outside the city, their are stores in most major shopping centres although you'll have more options in Freo.
You've got a few options if you want to exchange currency in Melbourne Airport. Whether you’re buying travel money in cash, looking for secure ways to cut the costs of making ATM withdrawals abroad, or sending money to someone overseas, we’ve got options for you. You only need to compare the rates from Australia’s top foreign exchange companies in the table above to see that even without a service fee, you may end up getting far less value for money thanks to more unfavourable exchange rates.
Save money by bypassing hidden international card fees and conversion rates that add up with every swipe. Get our best rates with our travel card.Select from 10 currencies. Raffles Forex Exchange is a small, independent currency exchange shop located in Melbourne CBD, so it is easy to reach for anyone in the city centre. WeXchange Exchange is a small, independent currency exchange shop located in Melbourne CBD, so it is easy to reach for anyone in the city centre. As the best currency exchange in Melbourne City, we're trusted by locals, tourists, and business travellers every day. Because we believe in convenience and being there for you when you need us, we are open seven days a week in Southland, six days a week in Waverley Gardens and 5 days a week in Mornington and 7 days a week online.
Swapping your foreign currency for AUD now ensures you get the best deal. Plus, having AUD on hand makes everyday transactions smooth and easy, avoiding the hassle of carrying unusable foreign notes. You should start by researching the value of the currency you’re planning to exchange your Australian dollars with.