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Best Exchange Rates Australia
For over a decade, BestExchangeRates.com has been a trusted resource for comparing foreign exchange rates in Australia and worldwide.
We make it easy to avoid hidden fees and inflated margins by comparing live rates from major banks and trusted money transfer specialists. Whether you’re sending money abroad or exchanging cash for travel, our tools highlight the cheapest and most convenient options in real time.
Our mission is simple: transparency. We break down complex FX fees so you can make informed decisions and keep more of your money where it belongs—in your pocket.
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.
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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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.
We compare exchange rates from major financial institutions in Australia.
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Australian dollar market update
The Australian dollar (AUD) has recently faced significant pressure, particularly following the disappointing employment data released last Thursday, which marked the highest unemployment rate since November 2021. Analysts predict that this will bolster expectations for potential interest rate cuts from the Reserve Bank of Australia (RBA). The grim job figures have fueled concerns over Australia's economic growth and may severely impact future fiscal and monetary policy adjustments.
Additionally, the RBA's cautious stance in maintaining interest rates amidst global economic uncertainties has influenced the currency's performance. Investors have become increasingly wary amid declining commodity prices, specifically iron ore and coal, which are vital to Australia’s export revenues. The weakening demand from China, Australia’s largest trading partner, owing to its underwhelming economic data, further exacerbates these challenges for the AUD.
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.
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BER Rate Tracker
Track your preferred exchange rates and receive free daily alerts when the market moves. The BER Rate Tracker helps you time your international transfers for the best value. Get daily exchange rate alerts with the BER Rate Tracker. Monitor FX trends, set personalized currency pairs, and decide the best time to send money abroad—all for free.
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