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Justin Rampono
Articles written by Justin Rampono
The Winners and Losers from a Low Australian Dollar
The Australian dollar recently hit its lowest point since 2002 as it plummeted to 55 cents. It’s now lost more than 10% in 10 days and it’s not just the AUD/USD exchange rate that’s falling. The Australian dollar is down against most other currencies like the euro, pound, yen and kiwi dollar. So is a low Australian dollar good or bad? Like many things, it really depends on your situation. There are definitely winners and losers from a low Australian dollar. The big winners out of a low Australian dollar are some of the parts of the economy that have […]
The 7 Best Ways to Take Money to Japan
Japan is renowned for being technologically advanced yet cash is still the most predominant payment method across the country. In fact, four out of five purchases are still made with cash. Which raises the question: what’s the best way to take money overseas, specifically to Japan from Australia? With foreign-friendly ATMs still somewhat elusive and over-the-counter card payments patchy, the best way to take money to Japan involves combining a number of options: Paying with your Australian debit card Buying a prepaid travel money card Paying with a credit card Taking Australian dollars to exchange in Japan Buying Japanese yen […]
4 Excellent alternatives to Travel Money Oz
Travel Money Oz have more stores than any other money exchange service but they aren’t always the cheapest option. Here are 4 currency exchange providers like Travel Money Oz that have some of the best exchange rates in Australia. S Money Crown Currency Travelex Unimoni
Australian dollar recovers nearly 10 cents off recent lows
In short The Australian dollar has risen from 55 cents to 64 cents against the US dollar Money that flooded into US dollars as investors seek the safety of ‘safe haven’ assets is now flowing in the opposite direction The AUD has also gone up against the Euro, Yen and British Pound Time Open Low High Today 0.6384 In the last week 0.6133 0.6444 In the last month 0.5530 0.6444 The Australian dollar has bounced back after it fell to 55 cents less than a month ago. It has rallied more than 9 cents against the US dollar but has […]
How Much Spending Money You’ll Need in Japan for 1, 2 or 4 Weeks
Japan is one of those destinations people dream of visiting. With the majestic Mt Fuji rising over an undulating landscape, what’s not to love? The mystifying blend of traditional and modern cultures, from the geisha culture of Kyoto to Tokyo’s robot restaurants, makes Japan a destination that never fails to delight and surprise its visitors. If it’s your first time going to Japan, it’s hard to know what your savings target should be for everyday expenses. The amount of money you’ll want to take with you to Japan depends on how you prefer to travel and how long you’ll be […]
The 6 Best Ways to Take Money to the UK
With a trip to the United Kingdom looming, you’ll be stuck into the planning mode as the excitement (and stress!) builds. There’s so much to think about that figuring out how to take your money to the UK from Australia is just another task to add to the list. So we’re here to break it down for you for the best way to take money overseas. From cold hard cash to travel cards or the bank cards you already own, what’s the best option? We’ve created a list of the best ways to carry money to the UK from Australia, […]
