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Foreign Exchange Guide to Norfolk Island

Read this currency guide to Norfolk Island with money transfer and travel tips.   [USD/AUD=1.4351]

 
Norfolk Island
Country Code:
NF
Domestic Currency:
Australian Dollar
Symbol - Code:
A$ AUD
Telephone Prefix:
+6723

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


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

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

In June, the Australian dollar has slumped to multi-month lows against USD, SGD, CAD, JPY, CHF and EUR. At US69.7¢, the benchmark Aussie rate, AUD/USD, was recovering somewhat in the final week of the month but remained 15 percent below 2018’s highest rates.

Investors are selling AUD as they bet on aggressive interest rate cuts by the Reserve Bank of Australia. These cuts will be necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end, or even easing.

The RBA is likely to cut interest rates in July, as it did in June (the first cut in 3 years), and will probably cut again later this year. Although this bodes poorly for the Aussie, it won’t be the only currency this year to be hit by easier central bank policies, and that should keep depreciation at reasonable levels.

Interestingly, AUD has, for now at least, decoupled from commodity prices. The price of iron ore (Australia’s largest export) is at multi-year highs while AUD languishes.

For more details read the full article Australian Dollar Forecasts.

The interactive chart below shows the USD to AUD exchange rate and trend for the previous 3 months:

Travel, Currency and Money saving tips for Norfolk Island

 

Travel money for Norfolk Island

 

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 ProvidersAmount AUD(A$)Exchange RateFee USDTotal CostDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
1,343.5 AUD
Compare
1.343506.4%
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
1,330 AUD
13 AUD
1.3435$107.33%
Wells Fargo Bank logo
1,316.63 AUD
27 AUD
1.3435$208.27%
Travelex Online US logo
1,267.3 AUD
76 AUD
1.26730^11.7%
 

U.S. Bank logoU.S. Bank

U.S. Bank: Travel Money USD→AUD
USD amount:$1,000 USD
Fee:0
Exchange Rate:1.3435 (6.4% from mid-rate)
AUD amount:1,343.5 AUD
Total Cost:6.4%
Time:12:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→AUD
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:1.2559 (12.5% from mid-rate)
AUD amount:1,330 AUD
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Travel Money USD→AUD
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:1.3435 (6.4% from mid-rate)
AUD amount:1,316.63 AUD
Total Cost:8.27%
Time:12:02 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:1.2673 (11.7% from mid-rate)
AUD amount:1,267.3 AUD
Total Cost:11.7%
Time:
Rate Fetched: Tue Jun 25 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:
 
Snapshot 06/25/2019 - See full table
 

Norfolk Island Trip Checklist    

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

Sending money to Norfolk Island

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

When sending money to Norfolk Island 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 Norfolk Island.

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!

 

USD to AUD International Money Transfers

  

ProvidersReceive AUD(A$)Exchange RateFee USDTotal CostDeal Links
OFX logo
14,297 AUD
Best Overall
1.42970^0.4%
Wells Fargo Bank logo
13,918 AUD
379 AUD
1.3943183.04%
HSBC logo
13,908 AUD
389 AUD
1.3929$153.11%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
13,823 AUD
474 AUD
1.3904153.7%
Bank of America International Money Transfers
Bank of America logo
13,733 AUD
564 AUD
1.3872$1004.33%
U.S. Bank International Money Transfers
U.S. Bank logo
13,733 AUD
564 AUD
1.3872$1004.33%
 
OFX: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.4297 (-0.4% from mid-rate)
AUD amount:14,297 AUD
Total Cost:0.4%
Time:
Rate Fetched: 12:01 Local
Rating:
 
: 4.8/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:18
Exchange Rate:1.3943 (-2.86% from mid-rate)
AUD amount:13,918 AUD
Total Cost:3.04%
Time:12:01 Local
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:1.3929 (-2.96% from mid-rate)
AUD amount:13,908 AUD
Total Cost:3.11%
Time:12:01 Local
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:15
Exchange Rate:1.3844 (-3.55% from mid-rate)
AUD amount:13,823 AUD
Total Cost:3.7%
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.3872 (-3.36% from mid-rate)
AUD amount:13,733 AUD
Total Cost:4.33%
Time:12:01 Local
Rating:
: /5.0
Reviews:
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.3872 (-3.36% from mid-rate)
AUD amount:13,733 AUD
Total Cost:4.33%
Time:12:01 Local
Rating:
: /5.0
Reviews:
 
Snapshot 06/25/2019 - See full table
 

AUD/USD - Australian Dollar to United States Dollar - Historical Rates

PeriodChange*AUD/USDDate
1 Day+0.24%0.694623 Jun 2019
1 Week+1.62%0.685217 Jun 2019
1 Month+0.51%0.692825 May 2019
6 Months-1.57%0.707426 Dec 2018
1 Year-6.4%0.743924 Jun 2018
5 Years-25.93%0.940125 Jun 2014
10 Years-13.71%0.806926 Jun 2009

*For period to 24-Jun 21UTC when AUD/USD was 0.6963

AUD/EUR - Australian Dollar to Euro - Historical Rates

PeriodChange*AUD/EURDate
1 Day+0.11%0.610123 Jun 2019
1 Week+0.05%0.610517 Jun 2019
1 Month-1.2%0.618225 May 2019
6 Months-1.91%0.622726 Dec 2018
1 Year-4.25%0.637924 Jun 2018
5 Years-11.44%0.689725 Jun 2014
10 Years+6.52%0.573426 Jun 2009

*For period to 24-Jun 21UTC when AUD/EUR was 0.6108

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

PeriodChange*AUD/GBPDate
1 Day+0.31%0.544823 Jun 2019
1 Week+0.04%0.546317 Jun 2019
1 Month+0.28%0.545025 May 2019
6 Months-2.29%0.559326 Dec 2018
1 Year-2.57%0.560924 Jun 2018
5 Years-1.26%0.553525 Jun 2014
10 Years+11.83%0.488726 Jun 2009

*For period to 24-Jun 21UTC when AUD/GBP was 0.5465

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