In this Sydney CBD guide, we show you how to save money when looking for Currency Exchange and Forex services downtown in the emerald city.
Sydney is often mentioned as one of the most beautiful cities in the world. Whether you are visiting to experience the dazzling the harbour; the crystal blue waters and crashing waves of Bondi beach; learn about Sydney's convict past; sample the culinary wonders across the city; or delight your senses at the Sydney Opera House, you you will want to be prepared for your trip and be at the ready with some australian dollars in your wallet.
Whatever your reason for visiting, and there are so many possible reasons, before you hit the streets looking for currency exchange you are better off ordering your foreign cash online from Foreign Xchange or Travelex and then picking up the cash at a Post Office branch near to where you live or work.
You will find that you can save a couple of percent on the exchange rate margin by pre-ordering your cash. Our Review of Auspost exchange rates includes the following table that shows you an example of how much you can save.
| Currency | Amount | Branch Rate | Online Rate | Branch Cost | Online Cost | Online Saving | Saving % |
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The Wise Account allows users to hold and convert funds in 40 different currencies and send and spend internationally, all at the “real” exchange rate and with exceptionally low service fees. Users can also receive major-currency payments free of charge.
The Chinese yuan has weakened following the United States' decision to impose a 125% tariff on Chinese imports, prompting the People's Bank of China to intervene to stabilize the currency.
Further reading on the Australian dollar (AUD) - Guides, Reviews & News from our research team.
Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors should not be taken as a reference to buy or sell any financial product.