Why You Can’t Find an Unimoni Currency Exchange Store

If you have used Unimoni in the past to buy some travel money, you might be wondering – why can’t I find them anywhere? Well, unfortunately, Unimoni has stopped buying or selling currency in cash. Unimoni currency exchange closed their Australian stores. They also closed their wholesale division and no longer offer customers in Australia the ability to exchange currency in cash. Some of the store locations that Unimoni used to operate have been taken by Crown Currency. Crown is a foreign currency service similar to Unimoni with stores right across Australia. They have very good in-store service but you […]

British Pounds

2022 AUD GBP Forecasts

This article looks at what the banks are predicting for the AUD to GBP exchange rate over the long term in 2022.

The Australian Dollar Sinks to It’s Lowest Point this Year

This week, the AUD/USD fell below 76 cents for the first time in 2021. The main driver of the exchange rate seems to be a US Dollar that is getting stronger. But is now a good time to buy Australian Dollars?   Here comes the greenback The recent move lower has been on the back of the US dollar (also known as the greenback). The US Dollar has gotten stronger against most other currencies including the Australian dollar. This has caused the AUD/USD to fall. So why is the US Dollar getting stronger? The US economy is flying. Thanks to […]

US Currency

Why the Australian Dollar Could Hit 80 cents this Year

Since March 2020, the Australian dollar has been on a march towards 80 cents agains the US dollar. In the first week of 2020, it reached 0.7816 before easing off. Despite the recent drop, many economists are predicting the Australian dollar (AUD) to reach and move above 80 US cents this year. Here’s why: Massive Chinese demand for Australian commodities like iron ore A stronger than expected recovery in the Aussie economy A falling US dollar Let’s have a look at each of them in a little more detail. China is on the move The coronavirus hit every economy hard […]