Why the Australian dollar is so weak against these major currencies
In the past 12 months, the Australian dollar has been sent lower against US dollar, New Zealand dollar and the British pound. The exchange rate is also slightly down against the Japan yen and Euro. It’s largely because of two large influences over the Australia dollar – interest rates and commodity prices. The strength or weakness of the Australian dollar exchange rate is also impacted by the value of the other currency. For example, if the US dollar gets stronger in its own right, then all other things being equal, the Australian dollar will weaken and the AUD to […]
2022 AUD NZD Dollar Forecasts
This article looks at what the banks are predicting for the AUD to NZD exchange rate over the long term in 2022.
Crown Currency vs S Money
Crown Currency and S Money both allow Australians to buy currency online. But which one is the cheapest? While S Money has the best exchange rates, it does have a service fee. This means that to find the cheapest option, you need to look at the total cost of the currency including all the fees. You can either go to each site and get a quote with each company or use an exchange rate comparison table that includes not just exchange rates, but any service fee too. While price is important, it’s not the only difference between these 2 currency […]
3 Trustworthy Alternatives to Crown Currency
Crown Currency is one of Australia’s biggest currency exchange services but they are not your only choice. Here are 3 currency exchange providers like Crown Currency that have some of the best exchange rates in Australia. S Money Travelex Travel Money Oz
Currency in Europe
A Travel Money Guide to Europe Travelling to Europe is considered a ‘right of passage’ by many Australians. In fact it is one of the most popular places to travel to from Australia. With countries like France, Germany, Italy and Spain there is no shortage of fabulous things to see, eat and experience. To make your savings go even further, read our easy to read guide on currency in Europe. This guide helps you with the following: The official currency of Europe The pros and cons of using a bank card in Europe What the Euro looks like The average […]
When is the Best Time to Buy British Pounds with Australian dollars?
In February 2023, the AUD – GBP briefly reached 0.578837, making it the best time to buy British Pounds with Australian dollars. The low point for the exchange rate (or the worst time to buy British Pounds) in the last 12 months came on August 20, 2023 when it dropped to 0.501086. 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 more […]
