BestExchangeRates Australia Compare & Save on Foreign Exchange
How BestExchangeRates Saves You Money on FX
For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in Australia and globally.
BestExchangeRates compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
Track AUD rates - transact when market in your favour. Follow FX forecasts & analysis.
Any marketing fees we receive from partners do not affect your exchange rate savings.
Popular AUD Exchange Rates
Follow exchange rates via your personal BER Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.
Save on International Money Transfers
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
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We compare exchange rates from major financial institutions in Australia.
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Get Better Currency Exchange Rates
We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
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Australian dollar market update
The Australian dollar (AUD) has experienced notable movements recently, primarily driven by geopolitical developments and market sentiment. Following U.S. President Donald Trump's announcement of a 10% tariff on Australian imports, the AUD initially faced pressure. However, optimism surrounding the U.S.-China trade tensions sparked a rally, pushing the currency higher. Analysts observed that the market reacted positively to signals from the Trump administration regarding a potential de-escalation of trade disputes, with Trump suggesting that tariffs on China may soon decrease significantly.
As the AUD surged on these trade hopes, it reached 0.6409 against the U.S. dollar, marking a 1.9% increase above its three-month average of 0.629. This uptick indicates a resilient outlook amid fluctuating global trade conditions. Despite the positive movement against the USD, the AUD is currently trading 3.8% below its three-month average against the Euro at 0.5619. The currency pair has experienced a considerable 12.2% range, reflective of volatility influenced by broader market factors.
BestExchangeRates.com keeps you up-to-date on Australian dollar forecasts by collating the views of reliable FX forecasters and economists together with recent AUD price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.
Latest Articles
Recent popular articles from our research team
The U.S. Dollar Is Losing Ground to the Euro — And the World Is Watching
Deutsche Bank forecasts a significant weakening of the US dollar in the coming years, potentially reaching its lowest level against the euro in over a decade.
US Dollar Hits Three-Year Low On Jerome Powell Dismissal Threat
The US dollar has fallen to a three-year low, influenced by Trump policy back flips plus concerns over the Federal Reserve's independence. Analysts suggest a long-overdue correction due to overvaluation and trade tensions.
Best Multi-Currency Accounts
We compare the features, exchange rates and security of the three best multi-currency accounts available today — the Wise Account, the WorldFirst World Account, and the OFX Global Currency Account.
OFX Review
OFX is a trusted international money transfer service, supporting transfers to over 170 countries in 50+ currencies. With no upfront fees, 24/7 access, and robust regulatory compliance, it offers a secure and convenient platform for global transactions.