CONTACT US

1300 159 319

OUR ADDRESS

Level 6, 117 Queen St, Brisbane, Australia

WORK HOURS

Mon – Sat 10.00 - 18.00 Sun 11:00 - 15:00

Today's Exchange Rates

Buying and Selling AUD Explained

At Value Currency Exchange Brisbane, we understand that exchanging your Australian currency to or from other currencies can be quite confusing. We want to help take the bewilderment out of this to make it a simpler, less daunting experience for our customers to convert cash to or from AUD. The most important part of buying or selling currency is the exchange rate but for most customers, the challenge lies in understanding which rate to look at. Generally there will be at least two rates displayed- a sell rate and a buy rate.

Sell rate –This is the rate at which we (the merchant)  sell foreign currency to you (the customer) in exchange for Australian dollars. For example, if you were travelling to Japan, you would exchange Australian dollars for Japanese Yen at the sell rate. You might also see this rate referred to as the “holiday” or  “tourist” rate.

Buy rate – This is the rate at which we (the merchant) buy foreign currency back from you. For example, if you were returning home from Japan, we would exchange your Japanese Yen back into Australian dollars at the buy rate.

So why are they different? This is because, as merchants, we need to cover the cost of the money exchange services we provide (just the same as the supermarket putting a margin on your bread or meat) and also because- depending on what is happening in the market- there may be some risk involved in making the exchange. For example the currency may depreciate in value between the merchant buying it from you and selling it to someone else.

Our friendly team are here to help if you have any further questions.

If you’re happy with the rates and ready to place an order please click here.

Flag Currency We Buy We Sell
American Dollar USD 0.6691 0.6301
Japanese Yen JPY 103.4247 97.4
Euro EUR 0.6264 0.5852
Indonesian Rupiah IDR 11458 9881
New Zealand Dollar NZD 1.1388 1.0639
Canadian Dollar CAD 0.923 0.8623
British Pound GBP 0.5427 0.5035
Thailand Baht THB 25.83 23.06
Singapore Dollar SGD 0.9206 0.8568
Korean Won KRW 971.1 841.9
Vietnamese Dong VND 18082 14930
Taiwan Dollar TWD 22.6 19.75
Chinese Yuan CNY 5.06 4.462
Philippine Peso PHP 40.28 34.88
Hong Kong Dollar HKD 5.263 4.945
Swiss Francs CHF 0.6179 0.575
Norwegian Krone NOK 7.77 6.777
Fiji Dollar FJD 1.584 1.4064
Indian Rupee INR 62.65 50.77
Malaysian Ringgit MYR 3.421 2.928
Vanuatu Vatu VUV 85.75 72.77
United Arab Emirates Dirham AED 2.6681 2.2691
Brazilian Real BRL 3.8038 3.1031
French Pacific Francs XPF 81.76 68.73
Turkish Lira TRY 23.04 19.55
Danish Krone DKK 4.9381 4.3265
Swedish Krona SEK 7.6944 6.7107

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Flag Currency We Buy We Sell
American Dollar USD 0.6691 0.6301
Japanese Yen JPY 103.4247 97.4
Euro EUR 0.6264 0.5852
Indonesian Rupiah IDR 11458 9881
New Zealand Dollar NZD 1.1388 1.0639
Canadian Dollar CAD 0.923 0.8623
British Pound GBP 0.5427 0.5035
Thailand Baht THB 25.83 23.06
Singapore Dollar SGD 0.9206 0.8568
Korean Won KRW 971.1 841.9
Vietnamese Dong VND 18082 14930
Taiwan Dollar TWD 22.6 19.75
Chinese Yuan CNY 5.06 4.462
Philippine Peso PHP 40.28 34.88
Hong Kong Dollar HKD 5.263 4.945
Swiss Francs CHF 0.6179 0.575
Norwegian Krone NOK 7.77 6.777
Fiji Dollar FJD 1.584 1.4064
Indian Rupee INR 62.65 50.77
Malaysian Ringgit MYR 3.421 2.928
Vanuatu Vatu VUV 85.75 72.77
United Arab Emirates Dirham AED 2.6681 2.2691
Brazilian Real BRL 3.8038 3.1031
French Pacific Francs XPF 81.76 68.73
Turkish Lira TRY 23.04 19.55
Danish Krone DKK 4.9381 4.3265
Swedish Krona SEK 7.6944 6.7107

Money Exchange Brisbane

Buying and Selling AUD Explained

At Value Currency Exchange, we understand that exchanging your Australian currency to or from other currencies can be quite confusing. We want to help take the bewilderment out of this to make it a simpler, less daunting experience for our customers to convert cash to or from AUD. The most important part of buying or selling currency is the exchange rate but for most customers, the challenge lies in understanding which rate to look at. Generally there will be at least two rates displayed- a sell rate and a buy rate.

Sell rate –This is the rate at which we (the merchant)  sell foreign currency to you (the customer) in exchange for Australian dollars. For example, if you were travelling to Japan, you would exchange Australian dollars for Japanese Yen at the sell rate. You might also see this rate referred to as the “holiday” or  “tourist” rate.

Buy rate – This is the rate at which we (the merchant) buy foreign currency back from you. For example, if you were returning home from Japan, we would exchange your Japanese Yen back into Australian dollars at the buy rate.

So why are they different? This is because, as merchants, we need to cover the cost of the services we provide (just the same as the supermarket putting a margin on your bread or meat) and also because- depending on what is happening in the market- there may be some risk involved in making the exchange. For example the currency may depreciate in value between the merchant buying it from you and selling it to someone else.

Our friendly team are here to help if you have any further questions.

If you’re happy with the rates and ready to place an order please click here.

[wprevpro_usetemplate tid=”1″]

CONTACT US ON FACEBOOK! | CHANGE WITH US NOW!