Money exchange best value for a new middle-aged traveller [duplicate]

Money exchange best value for a new middle-aged traveller [duplicate] - Gold bitcoin coin on background of growth chart

I'm travelling to Thailand in September and would like to know if is it better for me to change money here in Australia before I go or when I get to the airport in Bangkok.

If here where would be the best place to get better value?



Best Answer

When I traveled to Thailand some years back, I found the best deals where in country! Find a big bank and you will find the best rates, just be cautious about hawkers vending out of date currency! I still have an envelope with a few of the bills I could not exchange back to US currency. They were out of date or fake.




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How do I get the best exchange rate for large amounts?

Quick Summary. You can use a bank or currency broker to exchange large amounts of currency. The cost is a combination of exchange rates and transfer fees. Currency brokers can normally beat the banks in terms of cost.

Where is it best to exchange money?

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

How can I get the cheapest exchange rates?

Though there may be a small fee, your bank or credit union will almost always be the best place to exchange currency (and the cheapest). You may be able to order currency at a branch location or by phone or online to have it delivered to you, or to pick up at a branch.

What is the most reliable currency converter?

Top Currency Exchange Websites
  • XE.
  • TransferWise.
  • Oanda.
  • Travelex.




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More answers regarding money exchange best value for a new middle-aged traveller [duplicate]

Answer 2

I think it doesn't matter as long as a bank in Australia has decent rates.
If you decide to do that in Thailand, I suggest you to change a little amount in Australia still and then when you arrive, change the rest in Bangkok because in the airport the rates might not be good.

I recommend Bangkok bank.

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