Best Rate to Money Exchange $AUD to $Yen and $TPE in Sydney

Hi guys, We are travel to Taiwan and Japan next week. I just wondering where is the best place to buy cash $Yen and $TPE in Sydney area?

Thanks.

Comments

  • +2

    FWIW, if you are simply going on holiday, i.e. not looking to move a lot of funds internationally, you're better off just using ATMs and credit cards. The differences will be negligible and unlikely to be worth it once you factor in your time.

    • Thank you for the advise. I just need few thousand dollars each..

    • +1

      Still bring some cash, just in case your CC gets rejected

  • KVB

    • Thank i will look into it.

  • Better off to change overseas from an ATM.
    Personally I went to wexchange for a couple hundred in yen and withdrew from ATMs. Bit risky carrying large sums of cash on you.
    Wexchange has a currency converter on the website though I'm not sure how well it compares to the little shops and KVB.

    • Thanks.I will consider your suggestion!

      • Make sure to consider withdrawal fees and rates at different ATMs. Citibank plus and now ING are very good options.

        • Thanks for the hints and tips!

        • @aiyoyo:
          ING would be my first choice but it's to late now, if you don't have a citi card already your not going to get one in a week.

        • @ndreamer:

          I only got 28 Degree MasterCard and Commonwealth Bank Credit Card :(

        • +1

          @aiyoyo:

          28d won't be too bad. Looks like $4 transaction fee on withdrawals.

          https://www.ozbargain.com.au/wiki/cards_with_no_overseas_tra…

        • @aiyoyo:
          apply for both citi and ing and hope and prey, if you where 2-3 weeks earlier you could of had an extra $100 at least in both of your accounts.
          . If you can put the 28 degrees card in credit and keep it that way it might be worth a shot.

  • Can't help you in Taiwan, but for the Yen get yourself an HSBC Everyday Global account.
    You can put money into your AU$ account, then transfer it into your Yen account.
    Then when you use an ATM in Japan, the money comes from your Yen account - until you run out, then it comes from your AU$ account.
    The rates should be Visa (or close) rate.
    Its also fee free.
    Then you can time your transfer to make the most of currency fluctuations.

    • But is the Visa exchange rate any good?

      • +1

        Yes.

  • +1

    It will be cheaper to use an ATM in those countries.

    • Ic.Thanks

  • +4

    I am constantly surprised that these types of questions continue to linger. Anyone who can take the time out to traipse across town to save a few dollars on an fx transaction should have enough time to research this outdated question and realise taking out money via ATMs beats money changers every time.

    • Every single cent count.Hard earn money.

      • +2

        I agree. You've earned it. That's why I, and others, suggest you take money out of the wall when you get to Japan and Taiwan respectively. It is the cheapest way to make the most of your hard earned dollars. Travel well.

  • +1

    For Taiwan, there are a number of money changers at the airport both before and after immigration clearance that offers competitive rates. They charge a fix cost of 20 taiwanese dollars (Less than 1 aud). You can bring aud cash with you and exchange it there.

    Otherwise use a fee free debit card for atm withdrawals like others suggested.

    Edit: You can even check tne rates here. there are multiple bank of taiwan counters at the airport.

    http://rate.bot.com.tw/xrt?Lang=en-US

    • Thank you for all the information.

  • +1

    Recommend a citibank visa debit card for ATM cash withdrawal. One of the lower rates.

    • Thanks

  • Always best to buy in the country of the currency.
    Otherwise plenty of information online if you care to look

  • I need help all!I going overseas tomorrow and I just got my HSBC debit visa card activated this morning. Until now,I still waiting for the pin sms to me.I called HSBC and had been told pin could be take few days to sms to me or by post. Any idea how can I get the pin immediately?

    Or is there a way to withdraw money without pin when overseas?

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