Does Auspost exchange foreign currency?

Does Auspost exchange foreign currency?

Australia Post – frequently known as Auspost – is a popular option in Australia. Like many national postal services around the world, Auspost offers various services to do with international travel, including currency exchange.

What is the best exchange rate for Australian dollars?

Compare Travel Money: Best AUD Tourist Exchange Rates

Currency Supplier Best Tourist Rate £500 in AUD*
Thomas Exchange 1 GBP = 1.8506 AUD 925.3
Thomas Exchange Global 1 GBP = 1.8460 AUD 923
Travelex 1 GBP = 1.8426 AUD 921.3
No1 currency 1 GBP = 1.8413 AUD 920.65

Is the Post Office exchange rate good?

The Post Office offers its second-best in-store rate for people exchanging £500 or more, and the lowest rate for currency purchases of less than £500. In most branches we checked on 8 June, £375 bought €413 at the best rate, which was advertised on the Post Office’s in-store rates board.

Where can I exchange foreign money in Australia?

4 Australian Banks That Still Have Foreign Currency Exchange…

  • Commonwealth Bank of Australia (CBA)
  • Bank of Queensland (BoQ)
  • Bendigo and Adelaide Bank.
  • Bank Australia.

How do I cash foreign currency?

Your bank or credit union is almost always the best place to exchange currency.

  1. Before your trip, exchange money at your bank or credit union.
  2. Once you’re abroad, use your financial institution’s ATMs, if possible.
  3. After you’re home, see if your bank or credit union will buy back the foreign currency.

What is the best day of the week to buy foreign currency?

The middle of the week, especially Wednesday, tends to have the highest level of trading activity. Such increased activity means bigger opportunity in currency prices. Worst Case: The worst time of the week to trade usually is after around 17:00 GMT on Friday.

How can I avoid the exchange rates?

6 Tips To Exchange Currency Without Paying Huge Fees

  1. Get Cash at Your Bank Before Leaving the U.S.
  2. Avoid Currency Exchange Kiosks at Airports.
  3. Pay by Card, but Watch Out for Foreign Transaction Fees.
  4. Pay in the Local Currency to Avoid Currency Conversion Fees.
  5. Know Your ATM Fees and Limits.
  6. Use International Banking Apps.

What’s the highest the Australian dollar has been?

Historically, the Australian Dollar reached an all time high of 1.49 in December of 1973. Australian Dollar – data, forecasts, historical chart – was last updated on February of 2022.