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Westpac exchange rates

An up-to-date list of the foreign exchange rates offered by Westpac Bank

Andrew Munro

Updated Apr 18, 2018

When you're sending money overseas, a good exchange rate can make a big difference to the amount of money that ends up in your recipient's pocket.

Find live Westpac exchange rates here, and compare them to quotes from other providers to make sure you're getting the most competitive exchange rate for your chosen currency. You'll often be able to save money by sending funds through a specialised money transfer service instead of a bank.

What are Westpac's foreign exchange rates?

The table below shows today's Westpac foreign exchange rates, accurate as of 28 May 2020. The "buy" column refers to the price at which Westpac buys other currencies in exchange for Australian dollars. This is how much you'll get when converting other currencies to Australian dollars through Westpac.

The "sells" column shows the price Westpac gives for other currencies. This is how much you'll get when converting Australian dollars into foreign currencies.

The mid-market rate refers to the middle ground between current buy and sell prices on the global currency markets. It's used as the official average price of a currency at any given time.To find out how good your deal is, look at the difference between Westpac's exchange rates and mid-market prices. The difference between them is how much of a margin the provider is taking. Poor exchange rates are in effect similar to a hidden fee.

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Updated: 28 May 2020 04:17:22 UTC

Search rates

Currency	Currency code	Westpac buys	Westpac sells	For AUD$10,000, you'll get
Brunei dollar	BND	0.8945	0.9821	BND 9,821
Canadian dollar	CAD	0.8615	0.9505	CAD 9,505
CFP franc	XPF	69.71	75.07	XPF 750,700
Chinese yuan	CNY	4.4942	4.9565	CNY 49,565
Danish krone	DKK	4.2405	4.6815	DKK 46,815
Euro	EUR	0.5702	0.6303	EUR 6,303
Fijian dollar	FJD	1.432	1.5449	FJD 15,449
Hong Kong dollar	HKD	4.8855	5.3598	HKD 53,598
Indian rupee	INR	47.3247	-	-
Indonesian rupiah	IDR	-	-	-
Japanese yen	JPY	67.51	74.48	JPY 744,800
Malaysian ringgit	MYR	-	-	-
New Zealand dollar	NZD	1.0253	1.1044	NZD 11,044
Norwegian krone	NOK	6.1842	6.8198	NOK 68,198
Pakistani rupee	PKR	100.618	111.6898	PKR 1,116,898
Papua New Guinean kina	PGK	2.1597	-	-
Philippine peso	PHP	31.9182	35.0331	PHP 350,331
British pound	GBP	0.5129	0.564	GBP 5,640
Samoan tala	WST	1.7401	1.8892	WST 18,892
Saudi riyal	SAR	2.3651	2.5991	SAR 25,991
Singapore dollar	SGD	0.8943	0.9822	SGD 9,822
Solomon Islands dollar	SBD	5.1866	5.8924	SBD 58,924
South African rand	ZAR	10.8781	12.069	ZAR 120,690
Swedish krona	SEK	6.0046	6.6413	SEK 66,413
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Sending money with Westpac: What to know

What we like

Multi-currency options. Westpac has potential money-moving alternatives, such as multi-currency travel cards.
Foreign cash and bank drafts. You can also get foreign cash and bank drafts at Westpac.

What to watch out for

Restricted features. Limit orders and forward contracts are for business customers only.
Uncompetitive fees and rates. Westpac's fees are high, and its exchange rates are poor compared to what money transfer specialists offer.

See more in the full Westpac international money transfers review

How do Westpac's exchange rates compare?

All of Australia's big 4 banks typically offer similar exchange rates and international transfer fees. So while Westpac's fees and rates are broadly comparable to other banks, they're still worse than what you'll find on offer from a specialist money transfer service.

Use the table below to compare your options and see how much you could save on your next transfer.

I want to send

Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
AUD 2,000	1 day	AUD 0.00	0.657	USD 6,572	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 2,000	1 day	AUD 0.00	0.657	USD 6,572	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 2,000.00 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, CNY, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, JPY, KES, KWD, MXN, MYR, 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	0.657	USD 6,572	$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	0.657	USD 6,572	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, CNY, 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
GBP 3,000	1 day	AUD 0.00	0.657	USD 6,572	Global Reach will match any competitor's exchange rates. Conditions apply. Get no fees for both business and personal transfers when you send your money overseas with Global Reach.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 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 1	1 day	AUD 52.00	0.66	USD 6,564	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	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, Chat, Email Available currencies AUD, CAD, EUR, GBP, IDR, INR, LKR, NZD, PHP, SGD, USD Go to site Read the full review
AUD 0	Same day	AUD 2.99	0.653	USD 6,524	Special offers like free transfers and better exchange rates available for new customers. Quick, affordable transfers around the world with both express and economy options.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 0.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options N/A Customer service Phone, Chat, Email Available currencies ARS, AUD, BDT, BGN, BOB, BRL, CLP, CNY, COP, CRC, CZK, DOP, EGP, ETB, GHS, GTQ, GYD, HNL, HRK, HTG, HUF, IDR, INR, JMD, KES, KMF, KRW, LKR, MAD, MXN, MYR, NGN, NIO, NPR, PEN, PHP, PKR, PLN, PYG, RON, RWF, THB, TND, TRY, TZS, UGX, USD, UYU, VND, XAF, XOF, ZAR Go to site Read the full review
AUD 1	1 day	AUD 0.00	0.657	USD 6,565	Get fast transfers with no fees and a range of foreign currency tools.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account Transfer options One off payments, Market orders Customer service Phone, Email Available currencies AED, AMD, AUD, BAM, BBD, BDT, BGN, BHD, BND, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EUR, FJD, GBP, GEL, GHS, GTQ, HKD, HNL, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KRW, KWD, KZT, LKR, LSL, MAD, MKD, MUR, MWK, MXN, MYR, NAD, NGN, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SZL, THB, TND, TOP, TRY, TTD, TWD, TZS, UGX, USD, VUV, WST, XCD, XPF, ZAR Go to site Read the full review
AUD 5	1 - 2 days	EUR 3.00	0.653	USD 6,531	Special offer: Zero fees on your first 10 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	Same day	AUD 3.99	0.652	USD 6,517	Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply. An online money transfer service with cash pick-up, 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

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.

Thank you for your feedback!

Andrew Munro

Andrew Munro is the cryptocurrency editor at Finder. He was initially writing about insurance, when he accidentally fell in love with digital currency and distributed ledger technology (aka “the blockchain”). Andrew has a Bachelor of Arts from the University of New South Wales, and has written guides about everything from industrial pigments to cosmetic surgery.

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TorFX International Money Transfers

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.

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

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

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Westpac exchange rates

An up-to-date list of the foreign exchange rates offered by Westpac Bank

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