Value Accountants

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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.

CountryCurrencyWe BuyWe Sell
United States dollarUSD0.70110.6721
Chinese renminbiCNY5.03784.6678
Japanese yenJPY75.5172.21
European euroEUR0.63220.6062
South Korean wonKRW878.57748.57
Singapore dollarSGD0.96630.9213
New Zealand dollarNZD1.10421.0542
UK pound sterlingGBP0.56180.5388
Malaysian ringgitMYR2.95892.6789
Thai bahtTHB22.1119.71
Indonesian rupiahIDR100469046
Indian rupeeINR51.9246.12
New Taiwan dollarTWD21.7819.78
Vietnamese dongVND1689014457
Hong Kong dollarHKD5.55095.1209
Papua New Guinea kinaPGK2.77692.0769
Swiss francCHF0.70850.6485
United Arab Emirates dirhamAED2.58242.4024
Canadian dollarCAD0.92640.8814
  • Friendly Staff, Quick Service. Highly Recommended!

    When I went into VCE, the staff were friendly and provided a quick and efficient service. They were very fast given I have a flight to catch and made it...
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    Jack Moore Avatar
    Jack Moore

    Value Currency Exchange charges no fees. On top of this their customer experience was superior and made me feel at ease. They explained things clearly. I was all sorted money wise before my big trip... read more

    Dale Sutherland Avatar
    Dale Sutherland
  • These guys are amazing! I travel a lot, several times a year and making sure I get bang for my buck and great service is really important. I definitely recommend popping in and seeing them.

    Paula Grant Avatar
    Paula Grant

    My experience with Value Currency Exchange was second to none. I am about to go on holiday and needed euros for my trip. What I found at Value Currency Exchange was excellent customer service, competitive... read more

    Matt O'Neill Avatar
    Matt O'Neill
  • I shopped around at quite a few places before deciding on Value Currency exchange for my European trip. They went well out of their way to make sure that I had everything I needed for... read more

    Karen Robertson Avatar
    Karen Robertson

    Awesome staff and experience and super easy to deal with! The fact that I can book in a time to make the exchange, and the staff have the money ready when I arrive makes for... read more

    Nicholas Ford Avatar
    Nicholas Ford
  • Better rates than the banks! Wonderful customer service, extremely professional, and prompt – I got in and out in no time. Their location makes Value Currency Exchange very convenient, but they don’t just rely on... read more

    Rhiannon Pretty Avatar
    Rhiannon Pretty

    Amazing customer service and exchange rates. Everyone was professional. The exchange rate for US dollars that david did for me were amazing. Everyone else were extremely kind and helpful as well. Honestly the best exchange... read more

    Jesyca Sirimanotham Avatar
    Jesyca Sirimanotham