Founder

Justin Rampono

Justin is a financial services professional with over 20 years of experience in foreign exchange. He has worked in all levels of industry from banks to corporates to startups.

Most recently, he founded, built and sold thecurrencyshop.com.au, thecurrencyshop.co.nz and exiap.com

Qualifications

FINSIA Graduate Diploma ­ Applied, Finance and Investment 2002 - 2006 Curtin University Bachelor of Commerce (B.Com.), Accounting and Finance 1996 - 2000

Previous Experience

Founder
The Currency Shop
Helping clients save money by comparing exchange rates from foreign exchange companies and driving them better deal.

Articles written by Justin Rampono

Indonesian Rupiah

Currency in Bali Indonesia

A Travel Money Guide to Bali, Indonesia Bali is one of our most loved travel destinations but if this is your first trip, it’ll go a lot more smoothly if you’re informed about the currency in Bali. This guide is designed to get you up to speed with everything related to paying for things in Indonesia. You’ll learn: Which currency is used in Bali What currency in Bali looks like The average costs of things in Bali How the Bali currency converts Currency Exchange in Bali How to buy currency before you leave Using bank cards in Bali and beyond […]

The Australian dollar hits 70 cents for the first time since the start of 2020

The Australian dollar has risen back above 70 cents for only the second time since the first week of 2020. It has now recovered more than 20% since bottoming out in March when it fell below 58 cents. The amazing surge of the Australian dollar largely reflects a changing mood across global markets that not only is the worst of the COVID-19 pandemic behind us, but also that the impact will be less severe than previously forecast. The AUD has performed strongly, not just against the US dollar. It has risen sharply against most major currencies. The AUD to EUR exchange […]

2 Reasons the Australian dollar has charged higher above 69 cents

The Australian dollar (AUD) has charged higher to 69 cents against the US dollar. It is largely been driven by A weaker US dollar Strong iron ore prices A weaker US dollar During the start of the COVID-19 pandemic, the US dollar got stronger and stronger. Fear griped the market, creating massive demand for US dollars and US dollar ‘safe haven’ assets like US treasuries. Since the middle of March, as infection rates in many western countries peaked, markets started to focus on the recovery. As conditions improved, markets became more optimistic, moving money back out of the US dollar, […]

Australian Dollar reaches a 3 month high on recovery hopes

In short The AUD/USD hits a 3 month high of 0.6675 as hopes for an economic recovery increase The Australian dollar is nearly 12 cents higher from its lows in late March The AUD has also rallied higher against the Euro, Yen and British Pound in the past 2 months Time Open Low High Today 0.6625 In the last week 0.6511 0.6675 In the last month 0.6376 0.6675 The Aussie dollar has made a remarkable recovery to hit a 3 month high against the US dollar at 0.6675. As the world entered the economic downturn caused by COVID-19, the Australian […]

Thai Baht

Currency in Thailand

A Travel Money Guide to Thailand If you’re one of the roughly 800,000 Australians heading to Thailand this year, you’ll undoubtedly want to get the most out of your holiday. Whether you’re heading to Phuket, enjoying a stopover in Bangkok, or ready to explore the mountains near Chiang Mai, your trip will go a lot more smoothly if you’re up to speed on Thailand’s currency and payment systems. But these are only superficial details. With this guide, you’ll learn plenty more about money matters in Thailand, including: What currency in Thailand looks like Converting Thai currency to Australian dollars The […]

Best Ways to Exchange Currency

How to Get the Best Exchange Rate for Foreign Currency in Australia

When you’re planning a trip abroad, it’s important that your travel money goes as far as possible. Finding the best currency exchange rates means you’ll have more to spend. You have a lot of options when it comes to exchanging currency, but here are the best ways to get a better rate: Order online instead of going to a store If you do head into a store, ask for a better exchange, particularly if you are exchanging more than $1000 Always shop around to get the best currency exchange rates, as they make a big difference in how much travel […]