Best Exchange Rates Australia - Compare FX & Save
How BestExchangeRates Saves Australians 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 My Rates 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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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 faced considerable pressure this month as uncertainty reigns in the market, particularly due to heightened tariff concerns stemming from Donald Trump’s latest threats. The AUD traded within a broad range recently, reflecting investor anxieties that have left many skittish. As of the latest data, the AUD to USD is quoted at 0.6485, a significant 2.6% decline from its three-month average of 0.6657. This persistent weakness can largely be attributed to a trembling outlook for Australia’s key trading partners, notably China, as any escalation in tariffs could hamper demand for Australian exports.
Looking forward, market analysts are particularly focused on the release of Australia’s upcoming GDP figures, which could determine short-term movements for the ‘Aussie.’ Should growth in the third quarter align with or exceed forecasts, there could be a resurgence in demand, potentially lifting the AUD towards the US$0.68/69 range. However, any indication of tighter tariffs by the U.S. could pose significant resistance, dampening speculative gains. Current valuations for the AUD against other currencies reflect this cautious sentiment: AUD to EUR is at a 7-day high of 0.6171, just marginally above its three-month average, while the AUD to JPY stands at 97.03, weighed down by volatility and economic stimulus uncertainties. Overall, the direction of the AUD remains closely linked to external factors, particularly related to China’s economic performance.
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.