Currency Exchange in Auckland: Know the Best Places

Currency Exchange in Auckland
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Auckland is famous for its vibrant and exquisite lifestyle and also offers great options for students to study abroad. As a result every year hundreds of students and visitors choose Auckland as their final destination for their desired dream. Reaching Auckland the first thing you’ll need to do would be to exchange your currency. Auckland offers multiple options to exchange your currency through banks, exchange kiosks, airports, ATMs etc. Let’s explore the list of the top places offering the best exchange rates in Auckland for your currency.

Top Places Offering Currency Exchange

Before discussing the currency exchange process we shall explore the currency used in New Zealand. the official currency of New Zealand is the New Zealand dollar (NZD). Currency exchange involves bartering your currency for another to facilitate your travel or other purposes. The currency rate measures one currency you get in exchange for the other currency. Major places offering currency exchange services are banks, exchange bureaus, airport exchanges etc. Check the details below:

Exchange Bureaus

You’ll find currency exchange bureaus located all around Auckland in airports, tourist attractions, commercial malls, markets etc. We shall list the top-recommended exchange bureaus in Auckland offering convenient and competitive exchange rates. 

NameAddressContact Number
Lotus Foreign Exchange – Hunters Corner Branch166B Great South Road, Papatoetoe, Auckland 2025, New Zealand+64 9 277 4000
City Forex NZ Limited44 -52 WELLESLEY STREET WEST, Groundfloor Shop is located Shop No 3/on Mayoral Drive, next to TBWA, Auckland 1010, New Zealand+64 9 970 1040
Travelex Domestic AirportTom Pearce Drive, Domestic Departures Ground Floor, Auckland Airport, Auckland 2150, New Zealand+64 9 256 4835
Travel Money NZ NewmarketShop S336, Westfield Newmarket 277, Broadway, Newmarket, Auckland 1023, New Zealand+64 9 954 0665

Banks

Your home or union bank offers you the most genuine and competitive exchange rates as compared to other considerable options. The major banks offering currency exchange in Auckland include ANZ, ASB, BNZ, and Westpac. All these banks deal in various currencies such as EUR, GBP and AUD. Always beware of any hidden charges included in your transaction.

Also Read: Do you know about the Currency Exchange in Seattle: Best Banks and Kiosks? This blog will give you an idea about it.

Online Platforms

Check some major online platforms to exchange currency that are reliable and safe to use.

Xe.com

Xe.com provides competitive exchange rates as compared to other exchange centres. They offer you to exchange your currency in real-time through their online website portal or mobile application. They don’t have any physical outlets and only serve through online mediums.

OFX

OFX is formerly known as OzForex. They offer personalized international money transfers and currency exchange for individuals and businesses. The platform offers dedicated customer service along with competitive rates and low fees. The platform also provides exchange services without any hidden charges. You can easily initiate the process through your phone.

TransferWise

TransferWise currency exchange in Auckland allows transparent fees and competitive exchange rates without any hidden charges. They utilise a peer-to-peer model where your funds are converted locally without the need for international transfers thereby reducing associated costs. They also adhere strictly to regulatory standards to safeguard users’ funds.

Airport

Airports are not considered the best option to exchange your currency but it can be a viable option to exchange your currency for immediate expense. Airports offer higher fees as compared to offline bureaus and banks. Only exchange your currency at an airport in case of urgency.

Also Read: Do you know about the Currency Exchange in Cardiff: Process, Mode, Top Merchants? This blog will give you an idea about it. 

Tips for currency exchange

  • Always research and analyse the currency exchange rates before visiting an international country.
  • Remember to carry a mixture of payment methods. Do not settle yourself only on cash or cards.
  •  Wisely use your credit card and beware of any foreign transaction fees or hidden fees on your payments.
  • Avoid exchanging currency at airports except only in the case of emergency as they offer higher exchange rates.

FAQs

Do banks offer better exchange rates than exchange kiosks?

Although exchange rates vary between both of them, banks do offer reliability and convenience with better exchange rates sometimes compared to the competitive rates of exchange kiosks.

Can I exchange my currency at airports?

Yes, you have the option of exchanging currency at airports although it is not the best option recommended as they offer more competitive rates. You can exchange a small amount in case of immediate expense.

What payment methods should I carry while travelling abroad in Auckland?

It is advisable to keep a mix of payments including credit cards and cash to avoid falling into trouble. Beware of foreign transactions before using your credit card.

Suggest ways to save money before travelling to Auckland.

Plan for your trip and remember to analyse the exchange rates and best places to exchange your currency to save the most out of your trip!

Is a Passport necessary for currency exchange?

Yes, the currency exchange process requires documents such as your Aadhar card, PAN card, passport and confirmed air tickets. You can easily exchange your currency through any of your documents.

Check out our latest blog to learn more about the currency exchange process! These were the top places suggested for foreign currency exchange in Auckland.

To know more about education loans, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.

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