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Cocos Keeling Islands - Australian Dollar - Currency Guide

 

Foreign exchange guide to the Cocos Keeling Islands and the Australian Dollar (AUD)

     

USD/AUD 90-day view

USDAUD at 1.3547 is 2.3% below its 90-DAY average, range 1.3538-1.4237.
🔔 USDAUD is DOWN 0.5% TODAY.
|
Alert:1-DAY0.5% |
 
Recent USD to AUD 90-day trend

General Currency Info - Australian Dollar

The Australian dollar is the fifth most traded currency in the world and is popular with currency traders, because of the high interest rates in Australia, the freedom of the foreign exchange market from government intervention, the stability of Australia's economy and political system, and the view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle.

The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

   

AUD News, Forecasts and Trends

The bleak outlook in the US has added downward pressure on the world’s base currency and helped consolidate the Aussie dollars’ upturn.

Get more details in the article Australian Dollar Forecasts.

For more AUD currency market forecasts you can read the full article Australian Dollar Forecasts. The above interactive chart shows the USD to AUD exchange rate, trend and recent alerts for the last 90 days.

US Dollar to Australian Dollar - Historical Rates

USD/AUDChangePeriod
1.3576
24 Nov 2020
0% ▼1 Week
1.4270
01 Nov 2020
4.9% ▼30 Days
1.3646
02 Sep 2020
0.6% ▼90 Days
1.4668
02 Dec 2019
7.5% ▼1 Year
1.3631
03 Dec 2015
0.4% ▼5 Years
1.0131
04 Dec 2010
33.9% ▲10 Years

USD/AUD 10 year historic rates & change to 01-Dec-2020 : 1.3570

 

U$10,000 USD
=
A$13,545 AUD

Converted at USD/AUD interbank rate, compare Send Money and Currency Exchange exchange rates.

US Dollar to Australian Dollar - Quick Conversions

USD AUD
U$ 1 A$ 1.3545
U$ 5 A$ 6.7725
U$ 10 A$ 13.55
U$ 20 A$ 27.09
U$ 50 A$ 67.73
U$ 100 A$ 135.45
U$ 250 A$ 338.63
U$ 500 A$ 677.25
U$ 1,000 A$ 1,355
U$ 2,000 A$ 2,709
U$ 5,000 A$ 6,773
U$ 10,000 A$ 13,545
U$ 50,000 A$ 67,725
U$ 100,000 A$ 135,450
More amounts
USD AUD
U$ 0.7383 A$ 1
U$ 3.6915 A$ 5
U$ 7.3830 A$ 10
U$ 14.77 A$ 20
U$ 36.92 A$ 50
U$ 73.83 A$ 100
U$ 184.58 A$ 250
U$ 369.15 A$ 500
U$ 738.30 A$ 1,000
U$ 1,477 A$ 2,000
U$ 3,692 A$ 5,000
U$ 7,383 A$ 10,000
U$ 36,915 A$ 50,000
U$ 73,830 A$ 100,000
More amounts
 

Frequently Asked Questions

 

What currency should I use in the Cocos Keeling Islands?

The domestic currency in the Cocos Keeling Islands is the Australian Dollar.

What is the Australian Dollar currency code and symbol?

The three letter currency code for the Australian Dollar is AUD — symbol is A$.

Which countries use the Australian Dollar?

It is the domestic currency in    Australia,   Christmas Island,   Cocos Keeling Islands,   Heard and McDonald Islands,   Kiribati,   Nauru,   Norfolk Island and Tuvalu.

Is the Australian Dollar a closed currency?

No, the Australian Dollar is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for the Cocos Keeling Islands

Travel money for the Cocos Keeling Islands

Save money and time by Ordering your Australian Dollars online from Travelex, you get better rates and can pick up the AUD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Australian Dollars otherwise you may get much worst exchange rates.

 

Send Money to the Cocos Keeling Islands - Best Rates

When searching around for information on how to get a good exchange rate when sending money to the Cocos Keeling Islands you need to start with finding out the latest Australian Dollar exchange rate for foreign transfers also called International Money Transfers (IMTs), which can be very different to the wholesale rate and also to currency exchange rates.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to the Cocos Keeling Islands

When sending money to the Cocos Keeling Islands it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Australian Dollar amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted AUD amount will be transfered to the recipient account you specify in the Cocos Keeling Islands.

Use the above Send to Australian Dollars calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Australian Dollars deposited into the recipient bank account and less margins and fees kept by the banks!


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