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.
Where do you want to Send Money?
We compare exchange rates from major financial institutions in Australia.
Save with our partners who are among the best & most trusted brands in Australia.
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.
What Currency do you want to Buy?
Australian dollar market update
The Australian dollar (AUD) has exhibited volatility recently, influenced by a mixed market sentiment. After a notable gain earlier in the week due to a sharp rebound in the US stock market, the ‘Aussie’ began to pare back those gains as investor caution set in. This shift highlights the dependence of the AUD on global market dynamics, with analysts suggesting that further weakening may occur if investor sentiment remains pessimistic. As key economic indicators from the US regarding activity, labor markets, and inflation are on the horizon, these factors could significantly shape the AUD's trajectory.
Recent price data shows the AUD trading at 0.6722 against the USD, which is just above its 3-month average of 0.6668 after fluctuating within a stable 4.6% range. Meanwhile, against the EUR and GBP, the AUD is experiencing 7-day highs near 0.6070 and 0.5122 respectively, indicating a recovery trend despite being slightly below their corresponding 3-month averages. In contrast, the AUD to JPY exchange rate at 95.30 remains significantly below its recent average of 101.3, reflecting ongoing volatility and highlighting investor hesitancy in the currency market. By paying close attention to commodity prices and geopolitical developments, forex analysts believe that the AUD could face further challenges, especially given Australia's reliance on commodities like iron ore and the influence of trade policies.
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.