If you’re planning a trip overseas, you’re going to need some foreign currency. Finding the best exchange rate can be a daunting task, especially if you’re not familiar with the process or the market.
It’s important to get a good exchange rate, because it can mean the difference between having a little extra spending money or not. In this blog, we’ll give you a complete guide to finding the best currency exchange in Auckland.
We’ll cover everything from understanding exchange rates and fees, to researching the best providers near you and tips for getting the most for your money. So, whether you’re a seasoned traveler or a first-timer, read on to learn everything you need to know about finding the best currency exchange in Auckland.
How exchange rates work.
Exchange rates are the amount of one currency you can exchange for another. They fluctuate constantly based on supply and demand, as well as other economic factors. When you exchange your currency, you’ll typically pay a fee or commission, which can vary widely between providers.
When comparing rates, make sure to consider any additional fees or commissions. Some providers may offer a lower exchange rate but charge higher fees, while others may have a higher exchange rate but lower fees. It’s important to calculate the total cost of the transaction to get an accurate comparison.
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The Best Currency Exchange
1. Travelex Auckland Airport
Location: International Departures, Auckland Airport
Phone: 0800 666 391
Time: Mon to Sun – 7am to 5pm
Travelex is a go-to choice for currency exchange in New Zealand due to their competitive exchange rates that surpass most banks. With 36 locations spread across the country, Travelex is easily accessible to anyone in need of currency exchange services. Additionally, the brand offers exchange services for a whopping 87 different currencies, ensuring that customers can get the money they require almost every time. For those travelling from Auckland Airport, Travelex can be found on the second floor, directly in front of the International Departures escalators.
2. Relianz Forex
Location: 541B Sandringham road, Auckland
Phone: 09 630 4877
Time: Mon to Sun – 8am to 9pm
Relianz Forex is a popular foreign exchange service provider in Auckland. They offer competitive exchange rates for a range of currencies and provide fast and secure money transfer services to countries worldwide. With a team of experienced professionals, Relianz Forex is committed to delivering personalized services that cater to the needs of their customers. Their online platform enables customers to conveniently buy and sell foreign currency from the comfort of their homes.
3. Global Forex
Location: Unit 6/5 Oracle Drive, Albany, Auckland
Phone: +6494196869
Time: Mon to Fri – 10am to 5:30pm
Global Forex provides a fantastic foreign exchange service with great rates and a wide range of note denominations. The staff are highly efficient, professional, and provide excellent customer service. The reviewer highly recommends this establishment for all foreign exchange needs and praises the friendly and helpful lady who served them, as well as the entire team. Global Forex is an excellent choice for those looking for fast and efficient exchange rates with exceptional customer service.
4. Travel Money NZ West City
Location: 150, Westfield West City, 7 Catherine Street Henderson , Auckland
Phone: 0800 732 294
Time: Mon to Sun – 9am to 6pm
Travel Money NZ offers a comprehensive foreign currency exchange service. They are inside the Flight Center Westfield Mall West City and also have a store in Lynnmall in New Lynn Mall . Their friendly and knowledgeable staff provide expert advice and assistance to customers, ensuring a hassle-free and convenient experience. They also offer a range of travel money products including travel cards and insurance. With multiple locations across New Zealand and online services, Travel Money NZ is a trusted and convenient option for all foreign currency needs.
5. Ceylon Exchange NZ
Location: 212 Stoddard Road, Mount Roskill, Auckland
Phone: +6492186968
Time: Mon to Sat – 10am to 6pm
Ceylon Exchange is a trusted and reliable foreign exchange service provider. They offer competitive exchange rates and a wide range of currencies, making it easy for customers to exchange money for their travels or other purposes. Their knowledgeable staff provide personalized service to ensure customers receive the best rates and experience. They also offer remittance services, making it convenient for customers to send money overseas.
6. KVB Global Markets Ltd.
Location: Level 24/120 Albert Street, Auckland CBD,
Phone: +6493598985
Time: Mon to Fri – 9am to 5:30pm
KVB Global Markets Ltd. is a part of the KVB Kunlun brand and offers reliable currency exchange services in Auckland with low rates. They work with over 120 currencies, ensuring no problem in exchanging money. With state-of-the-art trading platforms, competitive pricing, and excellent customer service, KVB Global Markets is committed to providing its clients with a world-class trading experience. The company is headquartered in Hong Kong and has offices in major financial centers around the world, including Auckland.
7. Tasman Foreign Exchange
Location: 3B/23 Dundonald Street, Eden Terrace, Auckland
Phone: +6493007432
Time: Mon to Fri – 8:30am to 5pm
Tasman Foreign Exchange offers foreign exchange services to individuals and businesses. With a focus on offering competitive rates and personalized service, Tasman FX offers a range of services, including spot transactions, forward contracts, and risk management strategies. The company also provides currency analysis and market insights to help clients make informed decisions. Tasman FX is committed to transparency and compliance, ensuring that clients’ transactions are safe and secure.
FAQ’s
What is the best way to exchange currency in NZ?
To exchange currency in NZ, compare exchange rates and fees between providers and choose the one with the most competitive rate and convenient location. Look for additional factors such as customer service and security. You can also consider online or mobile exchange options. Avoid exchanging currency at airports or tourist areas, as rates may be higher.
Do NZ banks do currency exchange?
Most banks in NZ offer currency exchange services for a variety of currencies. However, the exchange rates and fees may not be the most competitive compared to specialized currency exchange providers. It’s recommended to compare rates between banks and specialized providers before making a decision. Additionally, some banks may require an account with them to access their currency exchange services.
Does ANZ do currency exchange?
Yes, ANZ offers currency exchange services for a variety of currencies at their branches and online.
Are the exchange rates offered at airports favorable?
Exchange rates at airports are typically not as favorable as those offered by banks or other currency exchange providers in the city. Airports usually charge higher fees and commissions, which can lead to a lower exchange rate for customers. However, exchanging a small amount of money at the airport for immediate expenses may be a convenient option for travelers.