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Foreign Exchange Guide to Nauru

Read this currency guide to Nauru with money transfer and travel tips.   [USD/AUD=1.3957]

 
Nauru
Country Code:
NR
Domestic Currency:
Australian Dollar
Symbol - Code:
$ AUD
Telephone Prefix:
+674

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


In this Nauru 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 Nauru - currency & money saving tips
  4. Buying Australian Dollar cash online - travel money for Nauru
  5. Sending money to Nauru - save on Australian Dollar bank transfers to Nauru
  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 Nauru

 

Travel money for Nauru

 

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 Foreign Currency
Wells Fargo Bank logo
1,310.46 AUD
Compare
1.3372$206.38%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
1,310 AUD
$0.46 less
1.3237$106.38%Branch-
U.S. Bank Foreign Currency
U.S. Bank logo
1,310.2 AUD
$0.26 less
1.310206.39%Branch-
 
Travelex Online US logo
1,267.1 AUD
$43 less
1.26710^9.47%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:1.3372 (4.47% from mid-rate)
AUD amount:1,310.46 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:1.2247 (12.5% from mid-rate)
AUD amount:1,310 AUD
Total Cost:6.38%
Currency Services:Branch
Delivery/Collect:-
U.S. Bank: Travel Money USD→AUD
USD amount:$1,000 USD
Fee:0
Exchange Rate:1.3102 (6.39% from mid-rate)
AUD amount:1,310.2 AUD
Total Cost:6.39%
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:1.2671 (9.47% from mid-rate)
AUD amount:1,267.1 AUD
Total Cost:9.47%
Time:
Rate Fetched: Wed Feb 20 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: 02/20/2019
 

Nauru Trip Checklist    

 
  1. Compare AUD travel cash rates - probably why you are here!
  2. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Nauru

When searching around for information on how to get a good exchange rate when sending money to Nauru 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 Nauru

When sending money to Nauru 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 Nauru.

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
13,850 AUD
Best Overall
1.3850^1.05%Bank Transfers - Online & Phone1-2 days
 
TransferWise logo
13,856 AUD
$6 more
1.3927$511.01%Bank Transfers - Online1-2 days
Wells Fargo Bank International Money Transfers
Wells Fargo Bank logo
13,563 AUD
$287 less
1.3587183.1%Online, Branch, Bank Transfers2-3 days
HSBC International Money Transfers
HSBC logo
13,553 AUD
$297 less
1.3573$153.17%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
13,470 AUD
$380 less
1.3548153.77%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
13,382 AUD
$468 less
1.3517$1004.39%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
13,382 AUD
$468 less
1.3517$1004.39%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.3850 (1.05% from mid-rate)
AUD amount:13,850 AUD
Total Cost:1.05%
Time:
Rate Fetched: Wed Feb 20 2019 10:02:35 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:1.3927 (0.5% from mid-rate)
AUD amount:13,856 AUD
Total Cost:1.01%
Difference:
$6 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:1.3587 (2.93% from mid-rate)
AUD amount:13,563 AUD
Total Cost:3.1%
Difference:
$287 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:1.3573 (3.03% from mid-rate)
AUD amount:13,553 AUD
Total Cost:3.17%
Difference:
$297 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:1.3490 (3.62% from mid-rate)
AUD amount:13,470 AUD
Total Cost:3.77%
Difference:
$380 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:1.3517 (3.43% from mid-rate)
AUD amount:13,382 AUD
Total Cost:4.39%
Difference:
$468 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:1.3517 (3.43% from mid-rate)
AUD amount:13,382 AUD
Total Cost:4.39%
Difference:
$468 less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /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: 02/20/2019
 

Popular AUD cross rates


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

DateExchange RatePeriodChange
19 Feb 20190.7140Latest
12 Feb 20190.71041 Week+0.51%
20 Jan 20190.71621 Month-0.31%
23 Aug 20180.72446 Months-1.44%
19 Feb 20180.79091 Year-9.72%
19 Feb 20170.76692 Years-6.9%
20 Feb 20140.90075 Years-20.73%
21 Feb 20090.642310 Years+11.16%

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

DateExchange RatePeriodChange
19 Feb 20190.6301Latest
12 Feb 20190.62681 Week+0.53%
20 Jan 20190.63021 Month-0.02%
23 Aug 20180.62766 Months+0.4%
19 Feb 20180.63781 Year-1.21%
19 Feb 20170.72172 Years-12.69%
20 Feb 20140.65655 Years-4.02%
21 Feb 20090.505210 Years+24.72%

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

DateExchange RatePeriodChange
19 Feb 20190.5479Latest
12 Feb 20190.55111 Week-0.58%
20 Jan 20190.55731 Month-1.69%
23 Aug 20180.56556 Months-3.11%
19 Feb 20180.56521 Year-3.06%
19 Feb 20170.61702 Years-11.2%
20 Feb 20140.54095 Years+1.29%
21 Feb 20090.447110 Years+22.55%

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

DateExchange RatePeriodChange
19 Feb 201978.9434Latest
12 Feb 201978.50481 Week+0.56%
20 Jan 201978.54811 Month+0.5%
23 Aug 201880.67206 Months-2.14%
19 Feb 201884.40581 Year-6.47%
19 Feb 201786.60012 Years-8.84%
20 Feb 201492.14265 Years-14.32%
21 Feb 200960.157310 Years+31.23%

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

DateExchange RatePeriodChange
19 Feb 20190.9466Latest
12 Feb 20190.93981 Week+0.72%
20 Jan 20190.95081 Month-0.44%
23 Aug 20180.94896 Months-0.24%
19 Feb 20180.99401 Year-4.77%
19 Feb 20171.00382 Years-5.7%
20 Feb 20140.99735 Years-5.08%
21 Feb 20090.806810 Years+17.33%

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