The 6 Best Ways to Take Money to Europe
Thanks to the proliferation of a single currency (the euro is the official currency of 19 European nations) and the global rise in plastic payments and ATMs, it’s easier than ever to carry cash across Europe. You no longer have to worry (for the most part) about exchanging money as you cross every border. Nor do you need to load yourself up with travellers cheques before you go. But with many more money options out there – credit cards, debit cards, travel money cards, or cold, hard cash – it can also be harder than ever to figure out what […]
The 6 Best Ways to Take Money to New Zealand
New Zealand already has so much in common with Australia that you could be forgiven for thinking you could use your Aussie dollars in the Land of the Long White Cloud. Not so. Instead, you’ll need to convert your Aussie dollar into the local NZ dollar. But what exactly is the best way to take money overseas, from Australia to New Zealand? Our advice: combine a few of our top six options to get the most flexibility: Paying with your Australian debit card Buying a prepaid travel money card Pay with a credit card Take Australian dollars to exchange in […]
Where is it Cheaper to Buy Foreign Currency, Australia or Abroad?
In most cases, it is cheaper to buy your foreign currency at home in Australia before you head overseas but there are some important exceptions. It’s cheaper to convert Australian dollars into foreign currency if you are travelling to Singapore, Bali, Thailand or Hong Kong. If you are heading overseas in the next few months, here are some practical tips to get more out of your travel money: Places with the best exchange rates in Australia Buying currency online Using credit cards and debit cards overseas The best places to exchange currency abroad Conclusion and travel tips Buying travel money […]
What you can do with foreign currency coins
If you’ve travelled overseas, chances are, it’s happened to you. During your trip, your wallets and pockets become filled with foreign currency coins. Coins that, when you look at them, you have no idea if it’s worth 5 cents or 5 dollars. Then when you get back home, they get piled in with all the other coins from other trips or worse – they end up in the bin. Unfortunately, Australian money changers will rarely exchange these left over foreign coins but they aren’t worthless. Here are a few alternatives to throwing them out.
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 […]
