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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.

     


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    Australian dollar Market Update

    BestExchangeRates.com keeps you up-to-date on Australian dollar forecasts by collating the views of reliable FX forecasters and economists together with recent 90-day AUD price data. 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.

     

    In recent currency market updates, FX analysts are predicting a rise for the Australian dollar (AUD) in the coming years. This projection is influenced by various factors such as interest rates, commodity prices, and risk appetite. The interest rate differential between Australia and other countries will play a crucial role in determining the AUD's value. While the Reserve Bank of Australia (RBA) has been slow to raise rates compared to other central banks, this is expected to change in 2024. As other countries potentially cut rates sooner than Australia, the interest rate differential is anticipated to contract, supporting the value of the AUD against major currencies like the USD, EUR, and GBP.

    The AUD has shown signs of strength in November, reaching 90-day highs against the USD near 0.6624. This level is 3.0% above its three-month average, with the currency pair trading in a stable range of 5.1% from 0.6302 to 0.6624. Against the EUR, the AUD is at 14-day highs near 0.6037, just 0.6% above its three-month average. The range for AUD/EUR has been stable at 3.3% from 0.5887 to 0.6083. Similarly, the AUD/GBP exchange rate is slightly above its three-month average at 0.5238, with a stable range of 4.9% from 0.5028 to 0.5272. Lastly, the AUD/JPY stands at 98.21, which is 2.7% higher than its three-month average, with a stable range of 5.3% from 93.59 to 98.52.

     
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    Popular AUD Money Transfers on BER

     

    Australian dollar Currency News & Guides

     

    Popular Cross Rates

     
    AUDCADGBPSGDUSDJPYINR
    AUD-0.9004
    AUD to CAD
    90-DAY HIGH
    1-DAY +0.8%
    AUDCAD Latest
    0.5229
    AUD to GBP
    14-DAY HIGH5d
    AUDGBP Latest
      
    0.8839
    AUD to SGD
    90-DAY HIGH
    AUDSGD Latest
    0.6645
    AUD to USD
    90-DAY HIGH
    1-DAY +0.8%
    AUDUSD Latest
    97.82
    AUD to JPY
    90-DAY HIGH1d
    AUDJPY Latest
      
    55.36
    AUD to INR
    90-DAY HIGH
    1-DAY +0.8%
    AUDINR Latest
    CAD1.1106
    CAD to AUD
    90-DAY LOW
    1-DAY -0.8%
    CADAUD Latest
    -0.5808
    CAD to GBP
    60-DAY LOW
    CADGBP Latest
    0.9817
    CAD to SGD
     no alerts
    CADSGD Latest
      
    0.7380
    CAD to USD
    30-DAY HIGH
    CADUSD Latest
    108.65
    CAD to JPY
    1-DAY -0.8%
    CADJPY Latest
    61.48
    CAD to INR
    30-DAY HIGH
    CADINR Latest
    GBP1.9123
    GBP to AUD
    14-DAY LOW5d
    GBPAUD Latest
      
    1.7218
    GBP to CAD
    60-DAY HIGH
    -1.6904
    GBP to SGD
    60-DAY HIGH
    GBPSGD Latest
    1.2708
    GBP to USD
    60-DAY HIGH
    1-DAY +0.8%
    GBPUSD Latest
    187.07
    GBP to JPY
    90-DAY HIGH2d
    GBPJPY Latest
      
    105.86
    GBP to INR
    90-DAY HIGH
    1-DAY +0.8%
    GBPINR Latest
    SGD1.1313
    SGD to AUD
    90-DAY LOW
    SGDAUD Latest
    1.0186
    SGD to CAD
     no alerts
    SGDCAD Latest
      
    0.5916
    SGD to GBP
    60-DAY LOW
    SGDGBP Latest
    -0.7518
    SGD to USD
    90-DAY HIGH
    SGDUSD Latest
    110.67
    SGD to JPY
    14-DAY LOW
    SGDJPY Latest
    62.62
    SGD to INR
    90-DAY HIGH
    1-DAY +0.8%
    SGDINR Latest
    USD1.5049
    USD to AUD
    90-DAY LOW
    1-DAY -0.8%
    USDAUD Latest
    1.3549
    USD to CAD
    30-DAY LOW
    USDCAD Latest
    0.7869
    USD to GBP
    60-DAY LOW
    1-DAY -0.8%
    USDGBP Latest
    1.3302
    USD to SGD
    90-DAY LOW
    USDSGD Latest
    -147.21
    USD to JPY
    60-DAY LOW
    1-DAY -0.9%
    USDJPY Latest
    83.30
    USD to INR
    14-DAY HIGH
    USDINR Latest
     

    Recent trends: HIGHLOWUPDOWN