BestExchangeRates Australia Compare & Save on Foreign Exchange
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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 $160M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
Track currencies – find buying opportunities. Learn about currencies and the FX market.
The marketing fees we receive from our partners don’t affect your margins.
Our partners are among the best & most trusted brands in Australia
We also compare exchange rates from popular banks in Australia
Australian dollar Forecasts & Analysis
To offer an up-to-date and comprehensive outlook on currency trends, BestExchangeRates.com tracks and compiles data from a range of reputable FX analysts for our users tracking popular Australian dollar exchange rates. The reports and data we review covers various aspects of the foreign exchange market, such as economic indicators, geopolitical events, central bank policies, and technical analysis.
Here are some Australian dollar forecasts popular with our users in Australia:
AUD to USD
According to recent FX analyst forecasts, the Australian dollar (AUD) is likely to face sustained downward pressure through March after suffering a significant drop in value due to inflation and near-term rate hikes remaining the primary drivers. The AUDUSD exchange rate is currently 3.0% below its 3-month average of 0.6839, fluctuating within a 8.6% range of 0.6582-0.7151. Without a correction in the current narrative, key support points at US$0.6720 and US$0.6680 will be tested, and the AUDUSD pair could trade between US$0.65 and US$0.69 this month. However, a rapid rebound in Chinese economic activity following the removal of COVID restrictions could help underpin demand for commodities, which could lead to a rebound in AUD value.
More analysis: Compare AUD/USD rates
AUD to EUR
Based on recent FX analyst forecasts, the outlook for AUD to EUR remains uncertain in March. The Australian dollar has experienced a significant drop in value due to inflation and near-term rate hikes becoming primary drivers, which may continue to put pressure on the AUD. On the other hand, the euro has been affected by the inconsistency of economic data in the Eurozone, with the latest data showing slight growth, but key support points being tested due to a slightly dovish message from the European Central Bank (ECB). Therefore, the AUD to EUR exchange rate is likely to remain volatile in the short term, and it may be wise to monitor the exchange rate closely before making any international transactions.
More analysis: Compare AUD/EUR rates
Here are our latest updated forecasts and currency outlooks:
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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Most Compared Money Transfers on BER
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 Currency News & Guides
Popular Cross Rates
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Looking for a way to make your next trip more affordable? Check out our Country Guides to the best deals for your international foreign transfers and travel money. These articles will give you travel tips and offer advice for your next trip abroad.
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