Sending a larger amount to ? Request a Free    Multi-Vendor Quote
Recent Transfers
Request a Multi-Vendor Transfer Quote
Compare Hotel Deals
Compare Travel Insurance
Quick Calc

Compare Foreign Exchange Rates | Banks & Online Currency Brokers

         Intn'l Transfer Rates            Foreign Cash/Travel Money

AUD/USD Exchange Rate

AUD 1.00 = USD Reference Mid-Rate       /
Exchange Rates are different for International Bank Transfers & Travel Cash/Cards   Select
BestExchangeRates compares the latest Foreign Exchange Rates from Banks & leading Currency Brokers to find you the best deals for your International Money Transfers and Travel Money/Card transactions. We also provide quick currency converter calculators, up-to-date foreign exchange research, news, charts and information and reviews of currency brokers.
Save Time & Money - Compare Bank & Broker Foreign Exchange Rates for :
Overseas Bank Transfers     Travel Money & Cards

Monday, 22 December 2014 - Market Commentary
Daily currency news provided by OzForex

In what has become a familiar headline over the past month the Australian dollar hit a fresh four year low against the US dollar overnight on Friday trading as a low as 0.8121 when valued against its US Counterpart. With previous support at the 82 US Cents mark now the nearest point of resistance the major catalyst for the move lower last week came after the US Federal Reserve communicated that it would remain patient on the timing of future interest rate increases with market participants now pricing in the likelihood of an April rate rise. Opening weaker this morning at a rate of 0.8140 ranges are expected to solidify over the coming days with the festive season having a negative bearing on overall broader liquidity flows.  
We expect a range today of 0.8100 – 0.8200
Triggering investors to drop the Great British Pound on Friday BOE policy maker David Miles wrote that there remains no great urgency in starting the process of moving monetary policy back towards normal settings, a stance somewhat justified given inflation slowed to be below 1 percent last month. Shedding 0.3 percent on Friday and 0.6 percent for the week a stronger US dollar hasn’t improved the situation. Opening weaker against the US Dollar this morning at a rate of 1.5620 the Sterling is stronger against both the Aussie (1.9174) and the Kiwi (2.0174).
We expect a range today of 1.9130 – 1.9200
With very little on offer domestically late last week investors continued their repatriation of funds back into US dollar dominated assets a move which saw the Standard and Poor’s 500 Index notch its second best week this year. In what’s shaping as a positive end to the year for the world’s deepest and safest market, commodity and growth linked currencies like the Kiwi have struggled in comparison particularly given the improved US interest rate outlook. Weaker upon open this morning swapping hands at a rate of 0.7751 trade balance figures tomorrow remain the highlight in what should be an otherwise uneventful Christmas week.  
We expect a range today of 0.7730 - 0.7820
The USD/JPY gained 0.6 percent last week trading in a range of 118.82- 119.63. With US Stocks broadly highly the US Dollar Spot Index gained 0.9 percent during a week dominated by key rhetoric from the US Federal Reserve who re-iterated that the US economy is still growing at a reasonably robust pace, a view which has led to accelerated interest rate forecasts. With major equity markets finishing the year on a positive note we expect this holiday shortened week to be significantly less volatile with key highlights coming in the form of Q3 US Gross Domestic Product, US durable goods orders and two home sale releases. Keeping in mind there remains notable swings occurring across emerging markets the Greenbacks near-term direction will be greatly influenced by broader market sentiment. Meanwhile this morning the Euro opens weaker when valued against its US Counterpart at a rate of 1.2228 whilst the US dollar is stronger against the Yen at 119.455.
Data releases
No data today
NZD: No data today
Bank Holiday
GBP: No data today

$100K money transfer via OzForex and a Bank

Recently, a friend was preparing to transfer $200K overseas. I suggested he split the money transfer into two, to try OzForex. ⇒ read article

What Emerging Currency jitters mean for the AUD ?

The possibility of a Global Emerging Currency (GEC) and the Australian economy being affected. ⇒ read article

Top Five Tips for Buying Property Overseas

Once you have agreed to the terms of an overseas property purchase, you will then need to make arrangements to pay for it.⇒ read article

High or Low AUD, who Benefits?

How does the gyrations of the Aussie Dollar affect Shoppers, Travellers, Importers, Exporters, Money Transfers, Tourism ? ⇒ read article

Get the best 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 ⇒ read article

Get a Multi-Vendor Quote

If you are sending a larger amount, ask for a Multi-Vendor Quote and see what special rates and deals are on offer from our vendors Get a Quote

Why is it that when I go into a currency vendor to send money I never get the rate on the news?

You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and the price at which you sell. ⇒ 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, Correspondent bank fees etc ⇒ read article

BestExchangeRates in the Money

“A check with the foreign-exchange comparison website shows a big variation in the exchange rates available when sending money and buying cash.” ⇒ read article

This is an information service. By browsing on the website and/or using our comparison tools, you are asking BestExchangeRates to provide you with information about currency exchange products & services from multiple financial institutions. We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product. If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with BestExchangeRates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details. BestExchangeRates may receive fees or other benefits in relation to activity on the BestExchangeRates website. BestExchangeRates may receive remuneration for vendor referral links.    TOS | Full disclaimer | Privacy Statement | Facebook