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Best places to exchange currency in Melbourne

Discover how to find the best deal when you need to exchange currency in Melbourne.

Last updated: 12 August 2019

Whether you're an international traveller visiting Melbourne or a local planning a trip overseas, there are plenty of convenient places to exchange foreign currency in and around the Melbourne CBD.

Keep reading for details of some of the currency exchanges to compare when searching for the best value for money.

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Updated September 16th, 2019

Name	Product	Minimum Order Amount	Maximum Order Amount	Delivery/Pickup Method	Commission Fee
Travelex Foreign Currency		$500	$5,000	In Store, At Airport	$0	Travelex makes it easy to exchange and get the best rate on over 40 currencies so you can be prepared for your next holiday.	Go to site More Info	Compare	loading Fetching your data...

Compare up to 4 providers

Where can I change my money in Melbourne?

1. Travelex

As one of the most recognised names in the world of currency exchange, Travelex allows you to buy and sell dozens of global currencies. You can order online or in-store, and Travelex has multiple locations within the CBD.

These include branches on Collins, Bourke and Swanston Streets as well as foreign exchange ATMs at Melbourne and Avalon Airports.

Travelex also offers the Travelex money card, which can be loaded with up to 10 currencies.

2. Travel Money Oz

Travel Money Oz lets customers buy and sell more than 60 currencies, and also offers international money transfers and a travel money card that can be pre-loaded with up to 10 currencies. You can buy currency from Travel Money Oz online or in-store, with the provider boasting 32 locations around Melbourne.

In the CBD, Travel Money Oz has branches on Spencer, Flinders, Bourke, Elizabeth and Swanston Streets as well as in Melbourne Central Shopping Centre. Hours vary, but most stores are open seven days a week.

3. Unimoni Australia (formerly UAE Exchange)

Though it's perhaps best known as a money transfer service, Unimoni also offers the opportunity to buy and sell more than 60 currencies. It offers CBD branches in Swanston and Elizabeth Streets as well as several suburban locations in suburbs like Footscray, Dandenong and Coburg.

In addition, the company offers a prepaid travel money card, which can be loaded with up to 11 currencies.

4. United Currency Exchange

United Currency Exchange is a Melbourne-based provider with branches in Flinders Lane, Swanston Street and QV Melbourne. The Flinders Lane and QV Melbourne branches are open seven days a week, while the Swanston Street store is open Monday to Friday.

You can place an order either online or in-store, and there are more than 35 currencies available.

5. WeXchange

WeXchange allows you to order more than 40 currencies online and then pick up your cash in-store. It has one location on Exhibition Street in the Melbourne CBD and another in Box Hill.

The CBD location is open Monday to Friday, while the Box Hill store is open Monday to Saturday.

Tips for getting the best deal when exchanging money

Here's how to get the best bang for your buck when exchanging currency:

Know the mid-market rate. Use Google to find the current mid-market exchange rate. This will let you work out whether the rate being offered by a currency exchange service represents good value.
Shop around online. Rather than visiting several stores in person, shop around online to find the provider with the best rates and lowest fees.
Check for fees. Make sure you check the fine print to find out what fees apply to your transaction. Remember that even if an exchange bureau claims that it doesn't charge any fees, your transaction will still cost money as the provider always adds a margin to the mid-market exchange rate.
Avoid airport exchange bureaus. These locations generally offer low exchange rates and higher fees.
Steer clear of ATMs. Withdrawing money from a foreign ATM may be a simple and convenient option, but the high fees and disappointing exchange rates mean it's also quite expensive.

Compare money transfer services

Looking to send an international money transfer rather than exchange currency? Simply enter your transfer amount and desired currency into the calculator below to find out how much your transaction will cost with a range of leading transfer providers.

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Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
AUD 3,000	1 day	GBP 20.00	0.684	USD 6,826	Global Reach will match any competitor's exchange rates. Conditions apply. No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 3,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat, Email, Branch Available currencies AED, AUD, BBD, BGN, BHD, BSD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, ILS, INR, JPY, KES, KWD, KYD, MUR, MXN, NOK, NZD, PHP, PLN, RON, RUB, SDG, SEK, THB, TRY, UGX, USD, XCD, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	0.684	USD 6,844	Better exchange rates for Finder customers. Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat, Email Available currencies AED, AUD, BBD, BGN, BHD, BWP, CAD, CHF, CLP, COP, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KRW, KWD, LKR, MAD, MUR, MXN, MYR, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TND, TRY, TTD, TZS, UGX, USD, VND, XCD, ZAR Go to site Read the full review
AUD 250	1 day	AUD 0.00	0.685	USD 6,845	SendFX guarantees to match any competitor's exchange rate. T&Cs apply. Fee-free transfers in 30+ currencies to over 200 countries.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 250.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Forward contracts Customer service Phone, Email Available currencies AED, AUD, BGN, BHD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, INR, JPY, KES, KWD, MXN, NOK, NZD, OMR, PHP, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
AUD 250	1 - 2 days	AUD 0.00	0.684	USD 6,842	$0 transfer fees for Finder customers. No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 250.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, AZN, BGN, BND, CAD, CHF, CNY, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	0.685	USD 6,849	TorFX guarantees to match any competitor's exchange rate. Conditions apply. Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, NOK, NZD, PLN, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
AUD 5	1 - 2 days	EUR 3.00	0.681	USD 6,806	Special offer: Pay zero fees on your first 5 transfers. Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 5.00 Transfer methods Online Transfer options One off payments Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, INR, NOK, NZD, PLN, SEK, SGD, USD, ZAR Go to site Read the full review
AUD 1	Within an hour	AUD 3.99	0.679	USD 6,791	An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, ANG, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UAH, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
AUD 200	1 day	AUD 0.00	0.682	USD 6,821	Low minimum transfer amount of just AU$200, with no set-up fees or transfer fees.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 200.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders Customer service Phone, Chat, Email Available currencies AED, AUD, CAD, CHF, CNY, DKK, EUR, GBP, HKD, INR, JPY, MXN, NOK, NZD, SEK, SGD, THB, USD, ZAR Go to site Read the full review
AUD 50	Same day	N/A	N/A	N/A	Instant transfers to India from anywhere in the world with $0 transfer fees. New customers who create an account with Remit2India and make a transfer of AUD$500 or more for the first time will receive a complimentary $25 Coles/Myer e-voucher. Click 'Go to site' for T&Cs.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 50.00 Transfer methods Online, Bank Account to Bank Account Transfer options N/A Customer service Phone, Email Available currencies AUD, INR Go to site Read the full review

Compare up to 4 providers

The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.

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Tim Falk

Tim Falk is a writer for Finder, writing across a diverse range of topics. Over the course of his 15-year writing career, Tim has reported on everything from travel and personal finance to pets and TV soap operas. When he’s not staring at his computer, you can usually find him exploring the great outdoors.

Perth CBD guide for international money transfers Finding a competitive exchange rate in the Brisbane CBD

Global Reach (formerly FC Exchange) International Money Transfers

Global Reach will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.

More info

WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

More info

SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

More info

OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.

More info

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2 Responses

wendyAugust 30, 2019

Is Bangkok a better place for exchange rate to change AUD to Japanese yen?

Reply
- finder Customer Care
  
  JeniAugust 31, 2019Staff
  
  Hi Wendy,
  
  Thank you for getting in touch with Finder.
  
  I’m afraid that we do not have much info on the conversion rate in a certain country. If you’re going to Bangkok and considering to exchange AUD to Japanese yen, that would be fine. Most travellers would have their money exchanged to Japanese yen before arriving to Japan. You may also use this page as your travel money guide in Japan.
  
  I hope this helps.
  
  Thank you and have a wonderful day!
  
  Cheers,
  Jeni
  
  Reply

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Best places to exchange currency in Melbourne