How to Find a Better Exchange Rate at Queenstown Airport
If you are heading overseas and want to buy currency at Queenstown Airport, this guide is for you. We compare the different ways you can buy currency and give you some practical tips to get more out of your money.
Currency Exchange in Queenstown Airport
There are two ways of exchanging money:
1. Buy online and pick it up at the gate
This is by far, the cheapest way to buy currency at the airport. Depending on your currency, you can save up to 10%, compared to the cost of buying it over the counter.
2. Over the counter in person
Travelex is located in the arrivals hall of the main terminal before security.
Pre Order Currency & Pick Up at Queenstown Airport
How to save money at Queenstown Airport
Don't leave it to the last minute
The best exchange rates are either online or outside of Queenstown airport. If you are prepared, you can compare exchange rates online or over the phone. Find the best deal and arrange to either buy it in person or online (picking it up later).
Fees and charges
Travelex don't charge commission over the counter however their exchange rates are considerably worse than outside Queenstown airport. Online, they have a 0.8% card fee that Travelex apply to online transactions.
If you are buying currency online, choose to pay through BPAY to avoid the card fee. Please note that if you are going to use this option you need to allow 3-4 business days before your trip to allow time to pick it up in time.
Consider buying your currency abroad
In some cases, it is cheaper to buy your currency in the country you are going to rather than converting it before you leave. Good examples are Bali, Singapore and Australia (depending on where you go). Of course, it is a lot harder to find the best exchange rate when you are outside of New Zealand and you are running a higher risk of being scammed.
As a rule of thumb, the further away you are travelling, the less likely you'll find better exchange rates overseas. This is because the further away from New Zealand you go, the less commonNew Zealand notes and coins are. As a result, they are also less likely to give you a good exchange rate.