The best time to buy British Pounds with Australian dollars this year, was on the very first day of 2021 – January 1, when the AUD/GBP exchange rate was 0.5741. The low point for the exchange rate (or the worst time to buy British Pounds) was in August when rate hit 0.5026. Is it a good time to buy British Pounds? While it’s nearly impossible to time the market perfectly, if you are travelling to the UK and need to buy some pounds, a higher AUD/GBP exchange rate is better for you. It means that you will receive […]
The best time to buy New Zealand Dollars with Australian dollars this year, was on the 29th of March when the AUD/NZD exchange rate reached 109.46. In contrast, the worst time was just a couple of weeks ago. On the 16th of September, it traded below 1.03 for the first time since March 2020. While it’s nearly impossible to time the market perfectly, if you are travelling to New Zealand and need to buy NZ dollars, a higher AUD/NZD exchange rate rate is better for you. It means that you will receive more NZ dollars to spend for each […]
The best time to buy Japanese Yen with Australian dollars this year, was around the 10th of May when the AUD/JPY exchange rate hit 85.80. In contrast, the worst time was more recent. On the 23rd of August, the same rate bottomed out at 78.38. While it’s nearly impossible to time the market perfectly, if you are travelling to Japan and need to buy yen, a higher AUD/JPY exchange rate rate is better for you. It means that you will receive more yen to spend for each Australian dollars you have. To work out the best time to […]
If you are travelling overseas this year from Australia, the best time to buy US dollars with Australian dollars was in late February 2021. This is because the AUD/USD peaked at 0.7997 and has fallen gradually since. The same applies to anyone transferring money overseas in US dollars. In general, if you are buying US dollars with Australian dollars, you want the AUD/USD exchange rate to be as high as possible. The higher the rate, the better it is for you. It means that you will receive more US dollars for the same amount of Australian dollars (AUD).
New Zealand is renowned for its adventurous holidays, from ski packages in Queenstown to cruises through Milford Sound. With options like bungee jumping, glacier hiking, snowboarding, and skydiving available, it’s hard to know exactly how much money you’ll need to appreciate the full Kiwi experience. Calculating your budget for an epic New Zealand holiday involves thinking about: The kind of activities you intend to do. How much cross-country travelling you’ll do. Your preferred style of travelling (are you after the luxury experience or the classic New Zealand backpacking experience) How long your journey will take. The currency for New Zealand […]
It’s home to Big Ben, Stonehenge, the much-loved Devonshire tea, and of course, the Queen herself. The United Kingdom has plenty to offer and now it’s calling you. With a destination famed for its iconic attractions, it’s hard to know just how much cash you’ll use to make your holiday everything you’ve dreamed of. On average, it’s a good idea to put aside enough for £100 of currency in the UK each day but your budget will ultimately depend on how you like to travel (for example, budget or luxury) as well as how long you’ll be away for.
This year, ANZ discontinued offering a service to exchange foreign currency banknotes and coins. It means there are now only 4 Australian banks offering currency exchange as a service. While it has left a lot of ANZ customers looking for an alternative, luckily, there are plenty of safe options that are easier and cheaper than ANZ was. Here are 4 of the best: S Money Crown Currency Travelex Travel Money Oz
If you have used Travel Money Oz in the past to exchange money, you might be wondering – why can’t I find them anywhere? Well, the latest update from Travel Money Oz indicated that all their stores are closed until further notice. Unfortunately, this is a similar story with many currency exchange brands and even ANZ bank, choosing to pause or permanently close their operations. At this stage, the closure of retail operations seems to be temporary. According to their site: How long will my nearest store be closed for? The short answer is we are unsure. This is an […]
In Australia, there are many different ways to buy foreign currency but a lot of them are expensive, unsafe, slow and full of hidden costs. Often, the best way to buy foreign currency will depend on your situation. The top ways to buy foreign currency are: Ordering online – either delivery or click and collect. In person – usually the most competitive deals are at money exchangers in the city. Overseas – sometimes it’s cheaper to buy it after you’ve landed. So which way is best for you? Have a look at the pros and cons of each option and work […]
The Travel Money Guide to Currency in Germany Germany is a popular choice for travellers with Berlin, Munich and the Black Forest toping most lists. Berlin’s has become very cool with its lively nightlife, enthusiasm for arts and fashion. In addition it’s also home to the Brandenburg Gate. Munich is long associated with the international beer festival Oktoberfest. Finally the outstanding beauty of the Black Forest attracts many nature lovers. Make your savings go even further with a few clever choices, including how to exchange currency and pay for things in Germany. This guide helps you get a little more […]