Buy South African Rand Always at the Best Rate

Where is the best place to buy South African rand in Australia?

If you like the reassurance of having the local currency readily available from the moment you step off the plane, you have three options to pick up the cash before you go:

• Buy the currency online and either collect it in-store or have it delivered to you.
• Collect from a currency exchange store.
• Most expensively, buy the currency at the airport.

Online money changers like S Money are often an easy way to buy foreign currency online at the best rates but it may not necessary be as quick as walking into a store. Companies like Travelex also offer a currency exchange service online but it takes between two and five business days before the currency is ready for pick-up or delivery so you need to be organised!

Alternatively, buying your currency in-store can be a good option but it all depends on where you go. The money changers in the centre of the main cities like Sydney or Melbourne tend to be more competitive than smaller stores in the suburbs.

Only change money at the airport as a last resort. The exchange rates and fees at Australian airports are among the worst in the world so avoid it at all costs if you want to get the best bang for your buck.

How can you buy South African Rand at the best rate?

The key to finding the best deal is to compare your options to buy foreign currency in cash. Make sure that you compare not just the exchange rate, but the total cost of your currency including any service or delivery fees.

Learn more: Get the best AUD to ZAR exchange rate