Finding the Best Exchange Rate in Melbourne CBD (Map included)

To find the best places to buy travel money in the Melbourne CBD, we at The Currency Shop, compared the exchange rates and fees from over 10 stores. Then we compared their rates to what you can get by ordering online and picking it up in the CBD.

What did we find?

There is not a money changer that was the clear winner for having the best exchange rate on every currency and amount. Fees varied from a flat $10 fee to 1% commission to completely fee free.

Exchange rates from stores in Melbourne are best if you are looking to buy larger amounts of popular currencies such as the US dollars, Euros or Japanese Yen. As for other currencies, some stores had limited stock and it worked out to be cheaper to order it online.

If you want to find the best exchange rates to transfer money into a bank account overseasclick here to compare Australian banks and money transfer specialists.

Where We Found the Best Exchange Rates in Melbourne

UAE Exchange @ 45 Elizabeth St, Melbourne

United Currency Exchange @ QV, Melbourne CBD

Raffles Forex @ 35 Elizabeth St, Melbourne

KVB @ Level 38, 120 Collins St, Melbourne

Travel Money Oz @ 250 Flinders St, Melbourne

Raffles Forex @ 35 Elizabeth St, Melbourne

Travel Money Oz @ 97 Swanston St, Melbourne

Travel Money Oz @ 142 Elizabeth St, Melbourne

Compare the best travel money providers in the Melbourne CBD
I am traveling to the next 5 days As a rule of thumb, the shorter timeframe, the more you could pay. and I want to exchange $AUD in foreign currency.