The Top 10 Money Exchange Services in Melbourne for Travelers

Discover the top-rated Money Exchange in Melbourne, Victoria, Australia, recognized and praised by online customers.

Travel Money Oz Elizabeth Street – Foreign Currency Exchange

• Address: 108 Elizabeth St, Melbourne VIC 3000, Australia
• Map: Click here
• Rating: 4.8 (474)
• Phone: +61 1300 161 371
• Website:
• Opening hours:
  
  Monday: 9:00 AM – 5:00 PM

  Tuesday: 9:00 AM – 5:00 PM

  Wednesday: 9:00 AM – 5:00 PM

  Thursday: 9:00 AM – 8:00 PM

  Friday: 9:00 AM – 8:00 PM

  Saturday: 9:00 AM – 5:00 PM

  Sunday: 10:00 AM – 3:00 PM

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The AUD/USD Exchange Rate: A 5-Year Overview

The average exchange rate of the Australian dollar (AUD) in the last 5 years has been around 0.75 US dollars (USD). However, there has been a lot of fluctuation in the exchange rate during this time, with the AUD reaching a high of 0.80 USD in 2017 and a low of 0.67 USD in 2020.

Here is a table of the average exchange rate of the AUD against the USD for each year in the last 5 years:

The exchange rate between the AUD and the USD is affected by a number of factors, including interest rates, economic growth, and political stability. When interest rates in Australia are higher than interest rates in the United States, the AUD tends to appreciate against the USD. Conversely, when interest rates in Australia are lower than interest rates in the United States, the AUD tends to depreciate against the USD.

Economic growth also plays a role in the exchange rate. When the Australian economy is growing faster than the US economy, the AUD tends to appreciate against the USD. Conversely, when the US economy is growing faster than the Australian economy, the AUD tends to depreciate against the USD.

Political stability is also a factor that can affect the exchange rate. When there is political instability in Australia, the AUD tends to depreciate against the USD. Conversely, when there is political stability in Australia, the AUD tends to appreciate against the USD.

The exchange rate between the AUD and the USD is constantly fluctuating, so it is important to check the latest rates before making any international transactions.

The 10 Best Money Exchange near Melbourne

Sarafi NeoEx صرافی نیواکس

• Address: Level 2, Suite 2.07/470 Collins St, Melbourne VIC 3000, Australia
• Map: Click here
• Rating: 4.8 (351)
• Phone: +61 1300 777 177
• Website:
• Opening hours:
  
  Monday: 10:00 AM – 6:00 PM

  Tuesday: 10:00 AM – 6:00 PM

  Wednesday: 10:00 AM – 6:00 PM

  Thursday: 10:00 AM – 6:00 PM

  Friday: 10:00 AM – 5:00 PM

  Saturday: Closed

  Sunday: Closed
• Reviews:
  
  Babak Mahjoub✭✭✭✭✭

  2 weeks ago

  I had a great experience using this money exchange service. The rates they offer are fair and competitive, and the response time is very fast. The transfer process is also fast and reliable. They also have a user portal that makes it easy to track and manage transactions. Highly recommended!

  Pouria Asadifard✭✭✭✭✭

  a month ago

  I have been working with NeoEx for more than couple of years now, they rate is always competitive among the exchangers in Melbourne or Sydney. Also, their flexibility, negotiation, and prompt actions in transferring the funds are significantly great. Highly recommend and definitely work with them again. Thanks NeoEx and please keep up the great work that you have been doing for future.

  Elly Abrishami✭✭✭✭✭

  in the last week

  I am extremely pleased with the quick and reliable service provided. Thank you for consistently delivering exceptional service that I can trust.

  Farzad Sotoudeh✭✭✭✭✭

  in the last week

  I highly recommend them as they are very professional and transfer money very quickly. I have always had a great experiences with them. Thanks very much!

  Sina Khatami✭✭✭✭✭

  a month ago

  I’ve been working with them for a couple of years. They offer competitive rates and their system is simple and fast – minimal admin. The staff are helpful, reliable, and professional.

Danesh Exchange

• Address: shop 19/236 Lonsdale St, Dandenong VIC 3175, Australia
• Map: Click here
• Rating: 4.8 (341)
• Phone: +61 3 8753 7579
• Website:
• Opening hours:
  
  Monday: 9:00 AM – 6:00 PM

  Tuesday: 9:00 AM – 6:00 PM

  Wednesday: 9:00 AM – 6:00 PM

  Thursday: 9:00 AM – 6:00 PM

  Friday: 9:00 AM – 6:00 PM

  Saturday: 9:00 AM – 6:00 PM

  Sunday: Closed
• Reviews:
  
  Matt Burtt✭✭✭✭✭

  in the last week

  Super easy to deal with, fast answers to questions both online and by phone and very competitive rates with no commission.

  Second time arranging foreign cash with Danesh and are my go to whenever traveling overseas. Needed Japanese Yen this time around and was available only 2 days from ordering via their easy to use online system. Picked up yesterday with absolutely no hassle all.

  Cannot recommend them highly enough !!!

  Alex Navarra✭✭✭✭✭

  a week ago

  Danish Exchange services are excellent however they are badly let down by the courier they use Star Track Express who promise to deliver next day but do not. My delivery was 2 days late and I had already left for overseas. Ali was very helpful and immediately refunded all the monies I had paid

  Krystel H✭✭✭✭✭

  2 weeks ago

  Thought it was better to stick with the big banks at first and was a little wary of ordering currency online but these guys are brilliant! Competitive rates, easy on line ordering service and were quicker Than the bank so I went with them and so glad I did! Danesh exchange will be my go to for future currency exchange. Great customer service, super quick supply, great communication plus friendly and helpful staff when I went to pick it up, Thankyou!!!

  Michelle Ducrest✭✭✭✭✭

  a week ago

  Danesh Exchange offers excellent service! Their competitive exchange rates are linked directly to real time market rates & provide unbelievably quick delivery of your order. Now that the banks have abandoned dealing in foreign cash services, I highly recommend using Danesh Exchange for your foreign currency requirements prior to your international travels.

  Vittoria Secrets✭✭✭✭✭

  a week ago

  Used Danesh Exchange for Indonesian money. Very easy and faultless process. Ordered online, received email updates and picked up currency at Australia Post. Exchange rate was much better than Aussie Post. What more can you ask for. Thank You ill use your service again.

Raffles Forex

• Address: 35 Elizabeth St, Melbourne VIC 3000, Australia
• Map: Click here
• Rating: 4.8 (204)

Travelex – Currency Exchange Preston

• Address: Shop W025, Northlands Shopping Centre, 25/50 Murray Rd, Preston VIC 3072, Australia
• Map: Click here
• Rating: 4.8 (201)

S Money | Currency Exchange

• Address: Next to the Great Southern Hotel, 44 Spencer St, Melbourne VIC 3000, Australia
• Map: Click here
• Rating: 4.7 (174)

Travelex – Currency Exchange Maribyrnong

• Address: Shop K7207/200 Rosamond Rd, Maribyrnong VIC 3032, Australia
• Map: Click here
• Rating: 4.6 (168)

United Currency Exchange JANE BELL LANE – Level 3 QV Melbourne Australia

• Address: QV MELBOURNE @, Shop 26, Level 3/22-24 Jane Bell Ln, Melbourne VIC 3000, Australia
• Map: Click here
• Rating: 4.1 (129)

Travelex – Currency Exchange Airport West

• Address: Kiosk 4A Westfield, 29 Louis St, Airport West VIC 3042, Australia
• Map: Click here
• Rating: 4.8 (96)

Travel Money Oz Chadstone – Foreign Currency Exchange

• Address: Chadstone Shopping Centre, Shop B097/1341 Dandenong Rd, Chadstone VIC 3148, Australia
• Map: Click here
• Rating: 4.6 (89)

Travelex – Currency Exchange Swanston

• Address: 67 Swanston St, Melbourne VIC 3000, Australia
• Map: Click here
• Rating: 4.8 (69)

Thank you for reading! If you have any additional information on the best Money Exchange in Melbourne, please leave a comment below. We would love to hear from you!