Where to exchange money in Canberra
Before you set out exploring in Canberra, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Canberra that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Where to exchange money in Canberra
Before you set out exploring in Canberra, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Canberra that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Spend abroad without hidden fees
Currency exchanges in Canberra
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Canberra.
One reminder, though: there’s no such thing as fee-free or 0% commission foreign exchange transactions. So, always check the mid-market exchange rate in advance, so you know how much your money’s worth.
| Money Changer | Address | Contact Information |
|---|---|---|
| Red Rate Currency Exchange | shop 3/55 Woolley St, Dickson ACT 2602, Australia | +61 492 429 666 |
| Travelex - Currency Exchange Belconnen | Shop 147, Westfield Shopping Town, Benjamin Way, Belconnen ACT 2617, Australia | +61 2 6253 2337 |
| Rocket Remit | Melbourne Building, Level 1/43-45 Northbourne Ave, Canberra ACT 2601, Australia | +61 1300 696 448 |
| Travelex - Currency Exchange Woden | Shop G04/5/8 Keltie St, Phillip ACT 2606, Australia | +61 2 6282 9241 |
| Crown Currency Exchange (Westfield Woden) | Kiosk 010, Westfield Woden, Keltie St, Phillip ACT 2606, Australia | +61 2 6113 0475 |
| Crown Currency Exchange (Westfield Belconnen) | K309, K309 Benjamin Way, Belconnen ACT 2617, Australia | +61 2 6113 0470 |
| Travel Money Oz Woden - Foreign Currency Exchange | Shop 50A/1, Westfield Woden, 192 Keltie St, Phillip ACT 2606, Australia | +61 1300 738 546 |
| Preloved Gold | 13/222 City Walk, Canberra ACT 2601, Australia | +61 447 387 430 |
| 融侨速汇 Money Chain World Remittance Canberra | shop 3/55 Woolley St, Dickson ACT 2602, Australia | +61 492 429 666 |
| Commonwealth Bank Canberra City Branch | Shop CP34, 185 City Walk, Canberra ACT 2600, Australia | +61 132221 |
| Travelex ATM | Canberra Airport, Terminal Cct, Canberra Airport ACT 2609, Australia | +61 1800 440 039 |
| Western Union | 22/24 Townsville St, Fyshwick ACT 2609, Australia | +61 1800 501 500 |
| Travelex ATM | Canberra international airport, CBR, Canberra Airport ACT 2609, Australia | +61 1800 440 039 |
| Western union | Acton ACT 2601, Australia | - |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
Australian dollar rate today
The currency used in Canberra, as well as the rest of Australia is Australian dollar.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Australian dollar is AUD. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Canberra
Before exchanging money in Canberra or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in Australia for long-term stays or substantial investments like buying property or cars.
1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.
2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.
4. Use ATMs strategically
Check if your home bank has partnerships in Australia banks to avoid extra ATM fees, and inform your bank before traveling.
5. Opt for local currency
When using an ATM abroad, choose to be charged in Australian dollars for a fairer rate and avoid undisclosed exchange rates and additional fees.
Currency exchange bureau who?
Forget all about walking around the city in search for fair exchange rates for a low fee.
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And what's even better, at the mid-market exchange rate. Low fees and fair rates all around the world, that's the Wise way!
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Canberra. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.