Travelex currency converter

HOW MUCH CURRENCY DO I NEED?

The Travelex Travel Hub

About currency conversion and exchange rates

How do you convert currencies?

You can convert one currency into another using an exchange rate. For example, a money exchange rate of two Australian dollars to one British pound means that you could convert two Australian dollars into one British pound – or one pound into two Australian dollars. Pretty simple! In reality, you’ll get a slightly different exchange rate depending on whether you’re buying or selling a currency. To get to grips with the different kinds of exchange rate you might hear about, see our Currency Jargon section.

Why do different companies convert currencies at different rates?

A company providing foreign currency needs to cover all of the costs that come from supplying people with currency. The cost of supplying foreign currency online is usually less compared to a physical retail store, so you’ll usually get a better rate online.
If you leave exchanging money to the last minute before you depart, you’ll probably end up paying a little bit more, due to the costs involved in providing you this service, so it makes sense to plan ahead.

Frequently asked questions

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  • Why do currency conversion rates change?

    Currencies constantly move up and down against each other because they’re traded on financial markets. Market changes can be caused by supply and demand, as well as by political and economic events.

  • Is there a good time to convert currency?

    You can’t predict when exchange rates will go up or down, but our currency converter above will show you historical rates, to give you an idea of how the current conversion rate compares to the past few months or year. 

  • How do I convert my money?

    You can convert your dollars into over 45 currencies with Travelex, either online or at 120 stores across Australia. Got another question? Check out the rest of our FAQs.

Read your reviews on trustpilot


Picked up the US dollars that I bought …

Picked up the US dollars that I bought at my designated Australia Post without any issues at all. I also liked that the US dollars were in various denominations. I will not hesitate to use Travelex again & I'm happy to recommend their business.

Jove

No problems at all very smooth

No problems at all very smooth

Shirley Pearlman

Easy process

Easy process. Very clear instructions on how to pick up purchased foreign currency.

Stephen Buckley

Found ordering currency online was very …

Found ordering currency online was very easy and there was no commission to pay. Also a better rate than others I looked at. Would definately use them again.

Deborah Saunders

Prompt simple service and very …

Prompt simple service and very convenient collection.

Elaine

Quick, reliable and the best rates.

Travelex were amazing. So fast and so convenient. I was a little worried just handing over thousands of dollars just incase something went wrong, but to there credit gave me exactly what I wanted and had it on the day I asked for it! Will be using Travelex again!

Celal Gurlu

Easy

Easy! Good Rates compared with the Bank. Picked up multiple denominational notes from Aus Post. Really easy.

Suzie

Great efficient service

Great efficient service

Treva Griffiths

Easy to order

Easy to order, convenient pick-up location

Jennifer Davies

The online ordering was great

The online ordering was great - efficient and really simple. The process was let down by the place where I collected the money - Australia Post, Manuka. When I arrived they said it wasn't there, when I persisted that it should be there, there was a lot of looking around. They went 'out the back' and finally found the money somewhere - it wasn't out at the front counter with the other money. It was all a bit painful and took too long. I would not collect it from Australia Post again.

Megan

Great service to easy

Great service to easy

Louise George

Quick and best value

Quick and best value. Annoying that when you choose an amount, the system changes your selection to a weird amount ( eg I chose to buy €1000 and Travelex changed it to €1180).

Beverly Carfrae

Excellent service

Excellent service, very good rate. Thanks

Dhafir Ahmad

Travelex continuously had the best …

Travelex continuously had the best exchange rate and the transfer of the money was secure and efficient.

JmW

Efficient and easy to use online service

Recently used the online service, which was easy to use and came with clear instructions. Although you cannot nominate the type of bills you want (eg. Large, small or mix), this is a minor factor and you can influence to a certain extent through the amount that you purchase. Picking up the cash was also an efficient process. Main reason that I chose to use Travelex was the exchange rate on offer and the online interface and customer service gave me peace of mind and will encourage me to use their service again.

AMW

Travelex is rated 4 stars by Trustpilot based on over 2714 reviews