There is 35 currency exchange locations currently available in Brisbane, Australia on this page. Most Australians travel for at least three weeks when they go overseas and spend $100-$150 a day, according to Travel Money Oz, which has an assortment of travel tips on its blog Travelex's website is handy too, listing basic expenses in popular destinations, such as a pint of beer in the UK or entry to Tokyo Disneyland; there's also an online calculator that shows how much you'll need for your budget (shoestring, mid-range or high-end).
Disclaimer - Hive Empire Pty Ltd (trading as , ABN: 18 118 785 121) provides factual information, general advice and services on financial products as a Corporate exchange money near me Authorised Representative (432664) of Advice Evolution Pty Ltd AFSL 342880. We are not currently able to take travel money orders online or via telephone banking.
If you do purchase traveller's cheques, it is best to buy them in Australian dollars as smaller shops, restaurants and other businesses are unlikely to know what the exchange rate is if you present a cheque in a different currency such as US dollars or British pounds.
Using local bank details means you avoid the need to make an international transfer and you also avoid the pesky intermediary bank fees that come with international SWIFT transfers You can also get a linked TransferWise debit Mastercard , which you can use your AUD balance to pay directly for goods and services, and beat ATM fees entirely.
Your first step before purchasing Australian Dollars should be to find out the mid-market exchange rate - the fairest exchange rate you could possibly get. Check out the current offers available on a range of our NAB credit cards. You also have the comfort of knowing that Cash Passport will not charge you international transaction fees when paying a currency you have loaded.
Then, the good people at Global Exchange Services applied an exchange rate of 0.2352 Australian dollars per yuan — 22 per cent more expensive than the official exchange rate of 0.1923 per unit on November 9. Ive used 'UAE exchange' in Sydney , and they give pretty good rates for buying USD, however selling USD isn't great, and it would be worse at our banks as they charge hefty fees.
Another option for travellers is to load cash onto a prepaid travel card which you can then use for all of your overseas transactions. Thank you and please let us know if you know a place or shop that offers the best exchange rate. We listed our historic rates here to help you understand whether or not it's a good time to buy your currency.