Best places to exchange currency in Melbourne

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

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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.

Compare online currency exchange services

Data indicated here is updated regularly
Name Product Minimum Order Amount Maximum Order Amount Delivery/Pickup Method Commission Fee
Foreign Xchange Travel Money
$0
$9,999
In Store,Home Delivery
$0
Order multiple currencies in one transaction and have it delivered directly to your door anywhere in Australia. No delivery fee for orders over $1,000. A $10 flat fee applies to orders less than $1,000.
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Compare up to 4 providers

Where can I change my money in Melbourne?

Travelex Logo

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 24 locations within 20 miles of 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.

Read more about Travelex foreign exchange in our review

Travel Money Oz logo

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 7 locations in the CBD of Melbourne, and a dozen more in the suburbs.

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.

Read more about Travel Money Oz in our review

Unimoni logo

3. Unimoni Australia (formerly UAE Exchange)

Though it's perhaps best known as a money transfer service, Unimoni (short for "universal money") 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.

Read more about Unimoni in our review

United Currency Exchange logo

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.

Read more about United Currency Exchange in our review

WeXchange logo

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.

Read more about WeXchange in our review


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.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 0 1 - 2 days AUD 1.99 0.756 USD
7,554
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries. Go to site Show details
AUD 2,000 1 day AUD 0.00 0.758 USD
7,579
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.758 USD
7,579
Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.758 USD
7,579
Better exchange rates for Finder customers.
WorldFirst sends 60+ currencies at competitive rates with no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 0.758 USD
7,579
$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Go to site Show details
AUD 1 1 day AUD 52.00 0.757 USD
7,532
Pay no fees on your first two transfers, up to $3,000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
AUD 10 Within an hour AUD 2.99 0.753 USD
7,523
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
AUD 1 Same day AUD 0.00 0.757 USD
7,571
XE has fast transfers with no fees and a range of foreign currency tools. Go to site Show details
AUD 200 1 - 2 days AUD 50.00 0.760 USD
7,563
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.
Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.753 USD
7,531
Special offer: Zero fees on your first 10 transfers.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
AUD 1 Same day AUD 3.99 0.752 USD
7,515
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
AUD 1 1 - 2 days AUD 45.00 0.761 USD
7,575
TransferWise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details

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.

More guides on Finder

International Money Transfer Offers

Important Information*
Logo for Azimo International Money Transfers
Azimo International Money Transfers

Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.

Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.

Logo for Send International Money Transfers
Send International Money Transfers

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

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

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

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2 Responses

    Default Gravatar
    wendyAugust 30, 2019

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

      Avatarfinder 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

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