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Foreign Exchange Guide to Tuvalu

Read this currency guide to Tuvalu with money transfer and travel tips.   [USD/AUD=1.3991]

 
Tuvalu
Country Code:
TV
Domestic Currency:
Australian Dollar
Symbol - Code:
$ AUD
Telephone Prefix:
+688

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


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

Improved risk appetite and thriving commodities markets helped lift the Australian dollar in April.

Per bank forecasts, the Australian dollar will strengthen slightly against the US dollar between now and mid-year, before weakening quite significantly into year-end.

In April, NAB predicted appreciation to US$0.74 before the end of June, from a mid-April rate of US$0.719.

In March, both Westpac and JP Morgan predicted an Aussie slide to US$0.68 in the second half of the year. Those banks were at least more optimistic than HSBC, which argued in February for US$0.66. ANZ said that the Aussie would lose value against resilient Asian currencies like the Chinese yuan and Singapore dollar.

In the second half of the year, major economic themes should re-emerge, many of which are negative; these include a housing market slump, the US-China trade spat and a weaker Chinese economy. In April, the Reserve Bank of Australia appeared to hint at a possible shift to a rate-cutting bias at its next meeting when it said it would “monitor developments and set monetary policy to support sustainable growth and inflation”—that would be an across-the-board negative for AUD.

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 Tuvalu

 

Because Tuvalu is one of those off-the-beaten-track destinations (most of your friends won’t know where it is when you say you’re going there), it can be handy to have a bit of pre-travel information up your sleeve before arriving. Tuvalu is a remote island nation in the Pacific Ocean. It’s just south of the Equator, west of the International Date Line, two hours by air north of Fiji and part of the Commonwealth. It consists of nine islands and atolls (three true islands and six coral atolls), of which the main one is Funafuti, an atoll with the country’s only airstrip. Visitors are issued with a free 30-day tourist visa on arrival, and there’s no departure tax.

What currency is used in Tuvalu?

The local currency of Tuvalu is the Australian dollar, with Tuvaluan coins featuring Queen Elizabeth II on one side and local marine life (turtles, octopus, flying fish) on the other. There are no ATMs and credit cards aren’t accepted anywhere, so it’s cash-only even at hotels and guesthouses.

Getting around in Tuvalu?

In Funafuti, the best way to get around on the main island (called Fongafale) is by motorbike – rent one for $10 a day or hitch a ride on the back of someone else’s. No one wears a helmet, and there don’t seem to be any available for rent, but people tend to ride slowly and there’s little traffic. There are no flights to Tuvalu’s outer islands; they’re accessible by passenger ferry from Funafuti, and it can be a long trip (overnight or multi-day trips aren’t uncommon).

Most Tuvaluans speak English, even if they’re shy of using it, and all signs are in English. Still, it’s a good idea to learn a few words of Tuvaluan as an icebreaker, such as “talofa” (hello), “fafetai” (thank you) and “fetaui” (see you later).

 

Travel money for Tuvalu

 

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.

 
Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Travel Money Providers
Ratings & Reviews
Amount AUD($)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
1,309.9 AUD
Compare
1.309906.4%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
1,297 AUD
13 AUD
1.3099$107.33%Branch-
Wells Fargo Bank logo
1,283.7 AUD
26 AUD
1.3099$208.27%Branch-
 
Travelex Online US logo
1,229.8 AUD
80 AUD
1.22980^12.12%Online order, Branch pickup, Home delivery2-3 days
 

U.S. Bank logoU.S. Bank

U.S. Bank: Travel Money USD→AUD
USD amount:$1,000 USD
Fee:0
Exchange Rate:1.3099 (6.4% from mid-rate)
AUD amount:1,309.9 AUD
Total Cost:6.4%
Time:0:00 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:1.2245 (12.5% from mid-rate)
AUD amount:1,297 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:1.3099 (6.4% from mid-rate)
AUD amount:1,283.7 AUD
Total Cost:8.27%
Time:0:00 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:1.2298 (12.12% from mid-rate)
AUD amount:1,229.8 AUD
Total Cost:12.12%
Time:
Rate Fetched: Thu Apr 18 2019 22:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
 

Tuvalu Trip Checklist    

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

Sending money to Tuvalu

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

When sending money to Tuvalu 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 Tuvalu.

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!

 
Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive AUD($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
13,793 AUD
Best Overall
1.37930^1.44%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
TransferWise logo
13,909 AUD
116 AUD
1.398$510.61%Bank Transfers - Online, Foreign Currency Accounts1-2 days
Wells Fargo Bank logo
13,507 AUD
286 AUD
1.3531183.48%Online, Branch, Bank Transfers2-3 days
HSBC logo
13,497 AUD
296 AUD
1.3517$153.55%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
13,415 AUD
378 AUD
1.3493154.14%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
13,327 AUD
466 AUD
1.3462$1004.77%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
13,327 AUD
466 AUD
1.3462$1004.77%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:1.3793 (1.44% from mid-rate)
AUD amount:13,793 AUD
Total Cost:1.44%
Time:
Rate Fetched: Thu Apr 18 2019 22:02:26 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TransferWise: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:1.3980 (0.1% from mid-rate)
AUD amount:13,909 AUD
Total Cost:0.61%
Difference:
116 AUD more than using OFX
Time:0:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:18
Exchange Rate:1.3531 (3.31% from mid-rate)
AUD amount:13,507 AUD
Total Cost:3.48%
Difference:
286 AUD less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:1.3517 (3.41% from mid-rate)
AUD amount:13,497 AUD
Total Cost:3.55%
Difference:
296 AUD less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:15
Exchange Rate:1.3434 (4% from mid-rate)
AUD amount:13,415 AUD
Total Cost:4.14%
Difference:
378 AUD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→AUD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:1.3462 (3.8% from mid-rate)
AUD amount:13,327 AUD
Total Cost:4.77%
Difference:
466 AUD less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
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:1.3462 (3.8% from mid-rate)
AUD amount:13,327 AUD
Total Cost:4.77%
Difference:
466 AUD less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
 

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

DateExchange RatePeriodChange
18 Apr 20190.7148Latest
11 Apr 20190.71231 Week+0.35%
19 Mar 20190.70881 Month+0.85%
20 Oct 20180.71206 Months+0.39%
18 Apr 20180.77881 Year-8.22%
18 Apr 20170.75592 Years-5.44%
19 Apr 20140.93295 Years-23.38%
20 Apr 20090.701410 Years+1.91%

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

DateExchange RatePeriodChange
18 Apr 20190.6361Latest
11 Apr 20190.63251 Week+0.57%
19 Mar 20190.62431 Month+1.89%
20 Oct 20180.61766 Months+3%
18 Apr 20180.62921 Year+1.1%
18 Apr 20170.70452 Years-9.71%
19 Apr 20140.67535 Years-5.8%
20 Apr 20090.542710 Years+17.21%

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

DateExchange RatePeriodChange
18 Apr 20190.5497Latest
11 Apr 20190.54561 Week+0.75%
19 Mar 20190.53421 Month+2.9%
20 Oct 20180.54476 Months+0.92%
18 Apr 20180.54841 Year+0.24%
18 Apr 20170.58862 Years-6.61%
19 Apr 20140.55565 Years-1.06%
20 Apr 20090.482010 Years+14.05%

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

DateExchange RatePeriodChange
18 Apr 201980.0217Latest
11 Apr 201979.52371 Week+0.63%
19 Mar 201978.97541 Month+1.32%
20 Oct 201880.13536 Months-0.14%
18 Apr 201883.61821 Year-4.3%
18 Apr 201782.05042 Years-2.47%
19 Apr 201495.55705 Years-16.26%
20 Apr 200968.891710 Years+16.16%

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

DateExchange RatePeriodChange
18 Apr 20190.9559Latest
11 Apr 20190.95291 Week+0.31%
19 Mar 20190.94461 Month+1.2%
20 Oct 20180.93386 Months+2.37%
18 Apr 20180.98351 Year-2.81%
18 Apr 20171.01162 Years-5.51%
19 Apr 20141.02815 Years-7.02%
20 Apr 20090.866110 Years+10.37%

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