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Foreign Exchange Guide to the Cocos Keeling Islands

Read this currency guide to the Cocos Keeling Islands with money transfer and travel tips.   [USD/AUD=1.4013]

 
Cocos Keeling Islands
Country Code:
CC
Domestic Currency:
Australian Dollar
Symbol - Code:
$ AUD
Telephone Prefix:
+6189162

This is a foreign exchange guide to the Cocos Keeling Islands, the Australian Dollar currency plus AUD transfers and travel tips.


In this the Cocos Keeling Islands currency guide we take a look at :

  1. Australian Dollar info - general info about the Australian Dollar
  2. Australian Dollar in the markets - recent AUD moves and predictions from the FX markets
  3. Travelling in the Cocos Keeling Islands - currency & money saving tips
  4. Buying Australian Dollar cash online - travel money for the Cocos Keeling Islands
  5. Sending money to the Cocos Keeling Islands - save on Australian Dollar bank transfers to the Cocos Keeling Islands
  6. Australian Dollar exchange rates - latest & historic exchange rates.
  7. AUD News - the latest Australian Dollar related articles from our blog.

Australian Dollar (AUD) general currency information


What is the Australian Dollar currency code and symbol?

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


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.

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".


Australian Dollar (AUD) in the markets

19-February-19: Since a flash crash in early January which saw the Australian dollar briefly trade at a 10-year low, the Aussie has recovered and then stabilized in the US71-72¢ region, near the average rate of the past 6 months.

Of late, the outlook for the Australian economy, and therefore for the Australian dollar, has taken a turn for the worse: the RBA has slashed growth and inflation forecasts and markets have moved to price in a near-100 percent chance of an interest rate cut before the year is out.

In February, HSBC cut its AUD/USD forecast to just US66¢, nearly 20 percent below 2018’s high of US81.36¢. AUD rates in the mid-60s haven’t been seen since the great financial crisis a decade ago.

In January, a senior researcher at BNP Paribas said that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

Also in January, Capital Economics cuts its AUD/USD year-end forecast to just US60¢.

The interactive chart below shows the USD to AUD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.


USD-AUD 3 Month chart
USD-AUD 3 Month chart
USDAUD currency converter

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 Dollar 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 Dollar otherwise you may get much worst exchange rates.

 
Travel Money Providers
Ratings & Reviews
Amount AUD($)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
Wells Fargo Bank logo
1,316.92 AUD
1.3438$206.38%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
1,317 AUD
0.08 AUD more
1.3302$106.39%Branch-
U.S. Bank Foreign Currency
U.S. Bank logo
1,316.6 AUD
0.32 AUD less
1.316606.4%Branch-
 
Travelex Online US logo
1,265.6 AUD
51 AUD less
1.26560^10.02%Online order, Branch pickup, Home delivery2-3 days
Wells Fargo Bank: Travel Money USD→AUD
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:1.3438 (4.46% from mid-rate)
AUD amount:1,316.92 AUD
Total Cost:6.38%
Time:12:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo

Travel Money USD→AUD
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:1.2308 (12.5% from mid-rate)
AUD amount:1,317 AUD
Total Cost:6.39%
Currency Services:Branch
Delivery/Collect:-
U.S. Bank: Travel Money USD→AUD
USD amount:$1,000 USD
Fee:0
Exchange Rate:1.3166 (6.4% from mid-rate)
AUD amount:1,316.6 AUD
Total Cost:6.4%
Time:12:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online US: Travel Money USD→AUD
USD amount:$1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.2656 (10.02% from mid-rate)
AUD amount:1,265.6 AUD
Total Cost:10.02%
Time:
Rate Fetched: Fri Feb 22 2019 10:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/22/2019
 

the Cocos Keeling Islands Trip Checklist    

 
  1. Compare AUD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in the Cocos Keeling Islands
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to the Cocos Keeling Islands

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 foreign-transfer exchange rate.

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 here).


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 our Send to AUD 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 Dollar deposited into the recipient bank account and less margins and fees kept by the banks!

 
Foreign Transfer Providers
Ratings & Reviews
Receive AUD($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
13,947 AUD
Best Overall
1.39470^0.85%Bank Transfers - Online & Phone1-2 days
 
TransferWise logo
13,994 AUD
47 AUD more
1.4066$510.51%Bank Transfers - Online1-2 days
Wells Fargo Bank logo
13,657 AUD
290 AUD less
1.3682182.91%Online, Branch, Bank Transfers2-3 days
HSBC logo
13,647 AUD
300 AUD less
1.3668$152.98%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
13,564 AUD
383 AUD less
1.3644153.57%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
13,476 AUD
471 AUD less
1.3612$1004.19%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
13,476 AUD
471 AUD less
1.3612$1004.19%Online, Branch, Bank Transfers2-3 days
 
Xoom logo
Your amount above the Xoom USD2999 maximum
NaN AUD less
 
WorldRemit logo
Your amount above the WorldRemit USD2000 maximum
NaN AUD less
 
OFX: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.3947 (0.85% from mid-rate)
AUD amount:13,947 AUD
Total Cost:0.85%
Time:
Rate Fetched: Fri Feb 22 2019 10:02:26 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TransferWise: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:1.4066 undefined
AUD amount:13,994 AUD
Total Cost:0.51%
Difference:
47 AUD more than using OFX
Time:12:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online
Rating:
 
: 4.6/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:18
Exchange Rate:1.3682 (2.73% from mid-rate)
AUD amount:13,657 AUD
Total Cost:2.91%
Difference:
290 AUD less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:1.3668 (2.83% from mid-rate)
AUD amount:13,647 AUD
Total Cost:2.98%
Difference:
300 AUD less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo

Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:15
Exchange Rate:1.3584 (3.43% from mid-rate)
AUD amount:13,564 AUD
Total Cost:3.57%
Difference:
383 AUD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of America: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.3612 (3.23% from mid-rate)
AUD amount:13,476 AUD
Total Cost:4.19%
Difference:
471 AUD less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
U.S. Bank: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.3612 (3.23% from mid-rate)
AUD amount:13,476 AUD
Total Cost:4.19%
Difference:
471 AUD less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Xoom: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
WorldRemit: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/22/2019
 

Popular AUD cross rates


AUD/USD - Australian Dollar to United States Dollar - 10 Year History

DateExchange RatePeriodChange
22 Feb 20190.7135Latest
15 Feb 20190.71461 Week-0.15%
23 Jan 20190.71471 Month-0.17%
26 Aug 20180.73426 Months-2.82%
22 Feb 20180.78381 Year-8.97%
22 Feb 20170.76962 Years-7.29%
23 Feb 20140.89675 Years-20.43%
24 Feb 20090.646210 Years+10.41%

AUD/EUR - Australian Dollar to Euro - 10 Year History

DateExchange RatePeriodChange
22 Feb 20190.6292Latest
15 Feb 20190.63261 Week-0.54%
23 Jan 20190.62771 Month+0.24%
26 Aug 20180.63056 Months-0.21%
22 Feb 20180.63591 Year-1.05%
22 Feb 20170.72942 Years-13.74%
23 Feb 20140.65275 Years-3.6%
24 Feb 20090.504810 Years+24.64%

AUD/GBP - Australian Dollar to British Pound Sterling - 10 Year History

DateExchange RatePeriodChange
22 Feb 20190.5465Latest
15 Feb 20190.55431 Week-1.41%
23 Jan 20190.54631 Month+0.04%
26 Aug 20180.57106 Months-4.29%
22 Feb 20180.56181 Year-2.72%
22 Feb 20170.61802 Years-11.57%
23 Feb 20140.53915 Years+1.37%
24 Feb 20090.446410 Years+22.42%

AUD/JPY - Australian Dollar to Japanese Yen - 10 Year History

DateExchange RatePeriodChange
22 Feb 201978.9995Latest
15 Feb 201978.95961 Week+0.05%
23 Jan 201978.26141 Month+0.94%
26 Aug 201881.71716 Months-3.33%
22 Feb 201883.74121 Year-5.66%
22 Feb 201787.28582 Years-9.49%
23 Feb 201491.93955 Years-14.07%
24 Feb 200962.318910 Years+26.77%

AUD/CAD - Australian Dollar to Canadian Dollar - 10 Year History

DateExchange RatePeriodChange
22 Feb 20190.9407Latest
15 Feb 20190.94651 Week-0.61%
23 Jan 20190.95381 Month-1.37%
26 Aug 20180.95536 Months-1.53%
22 Feb 20180.99661 Year-5.61%
22 Feb 20171.01312 Years-7.15%
23 Feb 20140.99595 Years-5.54%
24 Feb 20090.806010 Years+16.71%

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