Where to Find the Best Currency Exchange Rates in the Sydney CBD (2024)

Home | Currency Exchange | Sydney CBD

Disclaimers

Affiliate disclaimerSome of the links on this website are affiliate links, which means that we may earn a commission if you click and make a purchase. However, please note that this does not affect our evaluations and comes at no cost to you.Ownership disclaimerExiap is an international money transfer comparison website owned by Wise, a company that offers international money transfer services. Even though Wise owns Exiap, Wise does not receive preferential treatment in our comparison rankings. Our goal is to provide transparent information to help you make informed decisions about your money transfers. We believe in the importance of transparency and trust, and we strive to maintain those values in everything we do. Read more here.

Where to Find the Best Currency Exchange Rates in the Sydney CBD (1)

Beat the money changer rates with a prepaid travel card

Going to a currency exchange before a holiday can be exciting, but you will often be paying hidden fees that are baked into the exchange rate.

With a prepaid travel card from Wise, you get the market exchange rate (the one you see on Google) with low fees and complete transparency.

Where to Find the Best Currency Exchange Rates in the Sydney CBD (2)

Read the full review

Currency Exchange in the Sydney CBD

Map

List of money changers

Online exchange rates

Currency guides

Money exchange reviews

Why the CBD? The money changers with the best rates are located in Sydney's city centre, because there is more competition between those places and customers like you can shop around for the best deal.

Coronavirus Update: Many currency exchange stores such as Travel Money Oz or WeXchange have temporarily closed their doors due to the COVID-19 pandemic. If you want to exchange money at places in the Sydney CBD around Christmas and New Years, there is a good chance some of your options will be closed or have limited opening hours.

Check this page regularly for updates for when travel money stores open again.

Prior to the lockdown, we walked around Sydney CBD comparing foreign exchange rates over 11 money changers. Then we compared their travel money rates to what you can get by ordering online and picking it up at those places in the CBD.

Read on to find out the best currency exchange rates in Sydney.

There is no money changer that is a clear winner for having the best exchange rate on every currency and amount. We found a variety of fees ranging from a small percentage to a fixed rate. So make yourself aware of these when choosing a provider.

We also found that different providers exceeded with different currencies. Major currencies can generally be found at places in the CBD. These include US dollars, Euros or Japanese Yen. For some currencies, ordering online can still return a better deal. Especially if there isn't stock at those places in the CBD. Your own research is pivotal.

Use our guide to find out where and when you can buy travel money in the best places in Sydney's CBD. Opening hours can change, so check this page regularly:

Money ChangerAddressContact
S MoneyWharf 6, Circular Quay, Sydney CBD1300 501 080
United Currency ExchangeShop 14, 1 Dixon Street, Haymarket, NSW, 2000(02) 8964 6914
Changjiang Currency Exchange13 Goulburn Street, Haymarket, NSW, 2000(02) 8883 1888
Currency Exchange International569 George Street, Haymarket, NSW, 2000(02) 9269 0400
City Exchange Mart636 George St, Sydney NSW 2000(02) 9283 9695
Travelmate525 George Street, Haymarket. NSW 2000(02) 8021 0945
Travel Money OzMid City Centre, 197 Pitt St, Sydney NSW 20001300 035 797
Bloom Forex389-391 Sussex St, Haymarket NSW 2000(02) 9304 0191
City ForexShop K1, Town Hall Square, 464-480 Kent St ,
Sydney NSW 2000
(02) 9269 0115
TravelexShop 15C Lower ground, 2/455 George St, Sydney NSW 2000(02) 9264 1267
Crown CurrencyShop 2021, Level 2 Westfield Sydney Cnr Pitt Street Mall &, Market St, Sydney NSW 2000(02) 8278 7980

How we rated the best places to exchange money

Many of you might be wondering how we came up with our scores out of ten. After our exhaustive walk around the Sydney CBD, we chose 5 categories to judge on, based on what we thought would be most valuable to you, the consumer. They were:

  • Exchange Rate - At the end of the day, this is the most important category. The better the exchange rate, the higher the score.
  • Customer Service - We all appreciate good customer service, service that is friendly, courteous and knowledgeable.
  • Stock of Currency - Being able to walk away with your nominated currency immediately is a prerequisite for most customers. So we asked each money changer if they had a number of common and less popular currencies on hand.
  • Safety - This score was based from the location of the store and the security offered.
  • Payment Options - We asked all the money changers what type of payments they accepted to score them.

After we choose our categories we weighted them based on importance within the transaction. It is no surprise that exchange rate was weighted the heaviest (40%), customer service was next (20%), stock of currency (15%), followed by safety (15%) and finally payment options (10%).

Foreign currency guides

USD Dollars (USD)

Euro Dollars (EUR)

British Pounds (GBP)

Japanese Yen (JPY)

NZ Dollars (NZD)

Indonesian Rupiah (IDR)

Thai Baht (THB)

All Other Currency

Compare the best online exchange rates

Show All

Show All

Please note this table shows the rate you'll get and doesn't include any extra fees you'll be charged. The Currency Shop sources its data from foreign exchange providers and has taken reasonable steps to ensure that such data is accurate. There is a risk that the foreign exchange prices quoted on The Currency Shop may be inaccurate, not available to the User, or available but with additional fees and charges. For more details, read our Terms and Conditions

Money exchange reviews

Review

Travel Money Oz Review

Good service and convenient locations in the city. Their exchange rates are good but not great but their stock and range of currencies is excellent.

  • Read more ⟶
  • 3 min read

Review

Unimoni (formally UAE Exchange)

Matter of fact service in an easy to access location on the ground floor of the Westfield on Pitt Street. They had the second best rates to buy US dollars and the best rate to sell Euros.

  • Read more ⟶
  • 2 min read

Review

Travelex

Solid service in a safe environment, inside a HSBC branch. Their payment options are good but they charge for card transactions and their stock of currency is limited.

  • Read more ⟶
  • 6 min read

Review

Where to Find the Best Currency Exchange Rates in the Sydney CBD (19)

ANZ Foreign Exchange

Prompt, friendly and helpful service inside the safety of the ANZ branch. Rates and fees were competitive and the range of stock on hand was good.

  • Read more ⟶
  • 5 min read

Review

Commonwealth Bank

Horrible exchange rates, higher fees than any money changer and a limited range of currencies. Unfortunately, the service was disinterested and blunt.

  • Read more ⟶
  • 2 min read

Review

WeXchange

It's a little hard to find. You need to enter the building and go to the third floor. Excellent service, pretty good exchange rates and a solid stock of currencies on hand.

  • Read more ⟶
  • 2 min read

Read all reviews

Where to Find the Best Currency Exchange Rates in the Sydney CBD (22)

Ileana Ionescu

Author

Where to Find the Best Currency Exchange Rates in the Sydney CBD (23)

Ileana Ionescu

Content manager

With a background in business journalism, Ileana is an experienced content manager, creating content for Exiap that helps its audience make informed decisions about their finances.

Read more

Last updated

December 12th, 2023

Where to Find the Best Currency Exchange Rates in the Sydney CBD (2024)

FAQs

Where to Find the Best Currency Exchange Rates in the Sydney CBD? ›

The cheapest way to buy foreign currency is online. Shopping around online allows you to compare banks, currency providers and travel agents. You can compare currency exchange rates, commission fees, postage costs and whether or not you can collect your foreign travel money at the airport or at a local branch.

Where is the best place to exchange money in Sydney? ›

Currency Exchange in Sydney
Currency ExchangeLocationContact
City Exchange Mart636 George St(02) 9283 9695
Travelmate525 George Street(02) 8021 0945
Travel Money OzMid City Centre, 197 Pitt St1300 035 797
Bloom Forex389-391 Sussex St(02) 9304 0191
6 more rows
Aug 20, 2024

What is the cheapest way to buy foreign currency in Australia? ›

The cheapest way to buy foreign currency is online. Shopping around online allows you to compare banks, currency providers and travel agents. You can compare currency exchange rates, commission fees, postage costs and whether or not you can collect your foreign travel money at the airport or at a local branch.

Where can you usually find the best currency exchange rate? ›

You can begin by finding out what a fair exchange rate is for the country or countries you'll be visiting. Check key currency exchange websites first. The following are some of the best and least expensive places to convert currency: Local banks and credit unions usually offer the best rates.

Who is giving the best exchange rate for Australian dollars? ›

The best Australian dollar exchange rate right now is 1.9155 from Travel FX. This is based on a comparison of 17 currency suppliers and assumes you were buying £750 worth of Australian dollars for home delivery.

Is it better to exchange money in Australia or USA? ›

Generally speaking, converting currency for travel money in Australia is cheaper than doing it in the United States. You may be able to get a slightly better dollar exchange rate in the United States, but you'll also be charged commission and other fees, which can add up.

Is it better to exchange money at the airport in Australia? ›

The aiport can be the most convenient option for buying travel money, but that convenience comes at a price: worse exchange rates and hidden fees. With a prepaid travel card from Wise, you get the market exchange rate (the one you see on Google) with low fees and complete transparency.

Should I exchange money before I travel to Australia? ›

Exchanging your money in Australia

Whether you choose to buy your AUD currency at home or wait until you arrive in Australia, the exchange rates shouldn't vary too much. As a safety precaution, many travellers choose to travel with very little cash, relying instead on mostly cards and ATM withdrawals when they arrive.

Where is the best place to exchange US dollars for Australian dollars? ›

Head to your bank or credit union before you leave to avoid paying ATM transaction costs. You may even receive a better exchange rate. Credit unions and banks will exchange your dollars into a foreign currency before and after your trip when you have a checking or savings account with them.

Is it cheaper to buy Australian dollars in Australia? ›

Should you exchange money before going to Australia? As we said previously, buying the local currency of your destination country is the cheapest way to buy currency. This means it's best to sell foreign currency in Australia to get Australian dollars (AUD).

Do I need cash in Australia? ›

Although you'll likely be able to pay by card pretty much anywhere in Australia, you shouldn't give up on cash completely.

Is the US dollar good in Australia? ›

The exchange rate from USD to AUD varies, although generally the USD is about $. 09-$. 4 stronger than the AUD. This means $1.00 USD is equivalent to approximately $1.40 AUD on average.

What is a good exchange rate USD to AUD? ›

Email me when
1 USD to AUDLast 30 daysLast 90 days
High1.51841.5405
Low1.47121.4712
Average1.48921.5004
Change-0.94%-0.27%
1 more row

What is the best way to exchange AUD to USD in Australia? ›

Online money changers, like S Money, have the best exchange rates. Most will either deliver it to your home or allow click and collect. In-store - this is one of the best ways to get your currency fast. Just locate a store near you and bring your ID.

What is the best rate to buy US dollars in Sydney? ›

BUY FOREIGN CURRENCY
  • 1-1000 AUD 0.6477 USD Good Rate.
  • 1001-2500 AUD 0.6487 USD Better Rate.
  • 2500 + AUD 0.651 USD Best Rate.

Where can I exchange money for best rates? ›

Look at online currency specialists

Online currency exchange brokers, such as Travelex, Eurochange, TravelFX, TorFX, and the Currency Online Group, are all likely to offer more competitive exchange rates compared to the high street banks. These providers offer a wide range of currencies for home delivery.

Is it better to exchange cash at bank or airport? ›

Currency exchange shops and kiosks in airports are not the best places to exchange money. For the best rates, try a local bank or a bank ATM to make your currency exchanges. Check to see if your U.S. bank offers foreign ATM fee refunds for using a foreign ATM. Not all currency exchanges charge the same rate.

Top Articles
Does an access token ever expire? - Microsoft Q&A
Mention the causes of demagnetisation.
WALB Locker Room Report Week 5 2024
Tattoo Shops Lansing Il
COLA Takes Effect With Sept. 30 Benefit Payment
Aadya Bazaar
Tj Nails Victoria Tx
Air Canada bullish about its prospects as recovery gains steam
OSRS Fishing Training Guide: Quick Methods To Reach Level 99 - Rune Fanatics
Myhr North Memorial
The Many Faces of the Craigslist Killer
OnTrigger Enter, Exit ...
Max 80 Orl
[PDF] INFORMATION BROCHURE - Free Download PDF
Tcu Jaggaer
Newgate Honda
Shooting Games Multiplayer Unblocked
Miss America Voy Forum
Binghamton Ny Cars Craigslist
Craigslist Motorcycles Orange County Ca
Peraton Sso
Crossword Nexus Solver
Craftology East Peoria Il
25Cc To Tbsp
Inter-Tech IM-2 Expander/SAMA IM01 Pro
Sadie Proposal Ideas
Morristown Daily Record Obituary
Loft Stores Near Me
20 Different Cat Sounds and What They Mean
Kashchey Vodka
Craigslist Lewes Delaware
Hampton University Ministers Conference Registration
Bill Remini Obituary
Apartments / Housing For Rent near Lake Placid, FL - craigslist
Sandals Travel Agent Login
Hdmovie2 Sbs
Labcorp.leavepro.com
Democrat And Chronicle Obituaries For This Week
Pronóstico del tiempo de 10 días para San Josecito, Provincia de San José, Costa Rica - The Weather Channel | weather.com
Ordensfrau: Der Tod ist die Geburt in ein Leben bei Gott
Barbie Showtimes Near Lucas Cinemas Albertville
Dairy Queen Lobby Hours
Ff14 Sage Stat Priority
Purdue Timeforge
Half Inning In Which The Home Team Bats Crossword
Plato's Closet Mansfield Ohio
Texters Wish You Were Here
Owa Hilton Email
Syrie Funeral Home Obituary
Ephesians 4 Niv
Suppress Spell Damage Poe
Joe Bartosik Ms
Latest Posts
Article information

Author: Cheryll Lueilwitz

Last Updated:

Views: 6472

Rating: 4.3 / 5 (74 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Cheryll Lueilwitz

Birthday: 1997-12-23

Address: 4653 O'Kon Hill, Lake Juanstad, AR 65469

Phone: +494124489301

Job: Marketing Representative

Hobby: Reading, Ice skating, Foraging, BASE jumping, Hiking, Skateboarding, Kayaking

Introduction: My name is Cheryll Lueilwitz, I am a sparkling, clean, super, lucky, joyous, outstanding, lucky person who loves writing and wants to share my knowledge and understanding with you.