foreign currency

Euros

When is the best time to buy euros with Australian dollars?

If you are travelling to Europe from Australia, the best time to buy euros with Australian dollars in the last year was in June 29, 2024. This is because the AUD/EUR peaked at 0.6236 after steadily rising for the previous 10 months. On the other hand, the worst time to buy euros in the last 12 months was only a few weeks after the peak, on August 5, 2024 when the exchange rate hit 0.5860. As a rule of thumb, if you are buying euros with Australian dollars, you want the AUD/EUR exchange rate to be as high as possible. […]

How to Pay for Things in the USA Using a Card

You’ve got that epic holiday in the US planned. Naturally, you want your money to go as far as possible. This guide provides you with a thorough overview of how to pay for things in America so you know not just the ins and outs of the greenback but also how to get the best value during your time Stateside.

Travelex vs Travel Money Oz

Travelex vs Travel Money Oz vs S Money

Travelex, Travel Money Oz and S Money all 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 […]

Can You Get Coronavirus from Handling Foreign Currency Notes and Coins?

Can you get coronavirus from handling foreign currency notes and coins?

  The COVID-19 pandemic has swept across the world, making it hard to work out what is safe to touch without risk of contracting the coronavirus. If you need to handle bank notes or coins from overseas, can you be sure it’s completely safe? How long Coronavirus lasts on different surfaces depends on the material you are touching. Touching a surface made of copper is different to touching plastic or cardboard. Research from the University of California (UCLA) has given some insight into how long the virus remains on different surfaces. They discovered that COVID-19 was still detectable on different […]

Alternatives to Travelex

4 Alternatives to Travelex with Awesome Exchange Rates

  Travelex is Australia’s biggest currency exchange service but they are not your only choice. Here are 4 currency exchange providers like Travelex that have some of the best exchange rates in Australia. S Money Crown Currency Travel Money Oz Unimoni

Australian dollar is so low

3 Big reasons the Australian dollar is so low

  There are 3 main reasons the Australian dollar is so low and they are all have one thing in common – China. China is Australia’s largest trading partner, not just for commodities like iron ore and coal but also for our other important exports like tourism and education. The impact of the coronavirus in China has disrupted the Chinese economy, lowering the demand for commodities Chinese student and tourist numbers have drastically fallen Market panic has made ‘safe haven’ currencies like the US dollar (USD) stronger and ‘commodity’ currencies like the Aussie dollar weaker One of the main reasons […]