Westpac Exchange Rate Calculator

When you look at the Westpac exchange rate table, it’s easy to get confused. This is because exchange rate you receive will depend on a few things:

1. The currency you need
2. If you want to buy or sell the currency
3. The type of transaction. Do you need foreign currency in cash or are you transferring money overseas to another bank account?

How the Westpac exchange rate table works:

First, work out which exchange rate column relates to your situation.

• Buy Foreign Cash: If you need to buy foreign currency in cash (notes and coins)
• Sell Foreign Cash: If you need to sell foreign currency in cash (notes and coins)
• Send Money: If you need to transfer money from Australia to another bank account overseas
• Receive Money: If you need to receive money into your Westpac bank account from overseas

Next, you need to find the right currency code. Each line in the table relates to a different currency. For example, if you're heading to the UK, you only need to look at the exchange rates for the British Pound (GBP).

Also, take into account that the Euro (EUR) is the currency used in a number of countries within the European Monetary Union (or EU), including places like France, Germany, Italy and Spain. If you're not sure what currency you’ll need for the country you're going to, check out the full list here.

Do you mind the gap?

The exchange rates that Westpac offer aren't the same market rates you can see on online currency converters or Google.

To find a better rate, compare exchange rates before you travel or transfer money overseas.