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Taking advantage of strong exchange rates for the Australian dollar

The Australian dollar has hit new record highs in recent months rising to a 28 year high against the pound sterling. Despite speculation that the recent RBA interest rate drops would substantially impact its valuation, the strong Aussie dollar looks like it’s here to stay awhile. Australians can take advantage by looking overseas for some great buys. ⇒ read article

BestExchangeRates in the PressSMH.com.au Money

“A check with the foreign-exchange comparison website bestexchangerates.net shows a big variation in the exchange rates available when buying cash.” SMH.com.au ⇒ read article

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees etc ⇒ read article

How can I get the best possible foreign currency exchange rate?

There are lots of ways; most importantly you need some information. When you use our Best Exchange Rate calculator you can see who is offering the best deal for your needs, and who is taking the smallest margin ⇒ read article

Foreign Currency & International Fees for Credit Cards

Most banks and financial institutions charge these sneaky fees for transactions in a foreign currency ⇒ read article

We compare the latest exchange rates from banks and FX currency converters in 50 countries around the world and the clock.

Sending money abroad? BestExchangeRates recommends:
OZForex
OZForex is the smart & simple way to transfer money internationally, at better rates than the banks plus our referral gets you your first two transfers fee free. OZForex provides:
  • Low flat fee or no fee at all over AUD 10K
  • Access to a user-friendly online platform
  • Expert dealers who can be contacted 24 hours a day, Monday to Friday

Top 4 travel destinations where the Australian dollar works hardest

The high Australian dollar means there’s rarely been a better time to travel. Not only are airfares, accommodation and transport more affordable, but your increased shopping power will net you all types of bargains. ⇒ read article

Winners and losers from the high AUD

Shoppers: Imports like electronics and cars should be cheaper in coming months if retailers pass on savings from new stock. Buying online from places like the US, UK and Europe will also become cheaper for consumers. Travellers: Overseas holidays will be less expensive ⇒ read article

The information contained herein is based on data obtained from sources believed to be reliable. However, we have not verified such information, and we do not make any representations as to its accuracy or completeness. Neither the information, nor any opinion expressed, shall be construed to be, or constitute a recommendation or an offer to buy or sell, or a solicitation of an offer to buy or sell, any currencies/securities mentioned herein. While all care is taken with any recommended 3rd party businesses on this site, no responsibility is entered into for any transactions conducted or advice received by the user from those companies. Any trademarks or logos used throughout this website are the property of their respective owners.
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