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Commonwealth Bank AUD to USD - Travel Money Compared

AUD-USD Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your Commonwealth Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 

What are the Commonwealth Bank rates for other currencies?

The table below shows Commonwealth Bank Australian dollar (AUD) Buy Cash exchange rates with the percentage of margin being charged from the current market mid-rate :

 
Currency route Mid market rate Commonwealth Bank Buy Cash Rate Cost%
AUD - CAD0.88890.8511-4.3%
AUD - CNY4.67804.4778-4.3%
AUD - EUR0.56550.5421-4.1%
AUD - GBP0.48360.4639-4.1%
AUD - HKD5.11034.8918-4.3%
AUD - JPY94.3490.33-4.3%
AUD - NZD1.07821.0346-4%
AUD - SGD0.83590.7999-4.3%
AUD - USD0.65100.6246-4.1%
Commonwealth Bank Buy Cash Exchange Rates
   

Comparing CBA exchange rates

Overall these are the main points to consider when comparing CBA exchange rates:

  • CBA provides extensive foreign exchange services, FX Specialists provide more additional services and generally speaking a higher level of expertise;
  • CBA products are available both in-branch and online via their online banking platform NetBank. FX Specialists for foreign transfers are on-line but you can speak to them on the phone, and in some cases you will have an account manager;
  • Commonwealth Bank exchange rates for foreign transfers are generally poor compared to using an FX specialist.
  • Commonwealth Bank exchange rates for travel money are comparable to those of the other Australian banks but you will, more likely than not, get less for your dollar than if you ordered your foreign currency and travel money online through providers such as Travelex.
  • Average to poor exchange rates need to be weighed up against convenience of using a familiar internet banking platform.
 
     
United States

Everyday Costs in in United States

How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.

Currency Guide: United States (ISO Code: US)

For travelers planning a 1-week mid-range stay in the United States, a budget of around $1,400 to $2,000 is advisable. This estimate includes a mix of accommodation, meals, transportation, and entertainment. Here's a brief overview of typical daily expenses in local currency (USD):

  • 🍔 Meal at a local restaurant: $15-25
  • ☕ Coffee: $3-5
  • 🚌 Public transport fare: $2-3
  • 📱 Prepaid SIM card: $40-60
  • 🏨 Budget hotel or Airbnb: $100-150 per night

In general, the U.S. can be considered an average to slightly expensive destination depending on the region. For example, major cities like New York and San Francisco tend to be pricier than rural areas. When comparing costs of visiting the U.S. to a country like Canada or the UK, Canada is often cheaper, especially regarding accommodation and dining options. The U.K. generally aligns closely with the U.S. in terms of major city expenses, with London being particularly expensive due to high costs of living, thus making a trip to the U.S. comparable.

Expat Living in the United States

For expats, monthly living costs generally range from $2,500 to $4,000 depending on lifestyle and location. This typically includes rent (which can be a significant part of the budget), groceries, utilities, and transportation. Useful tips for banking in the U.S. include opening a local bank account to avoid excessive ATM fees and ensuring your debit/credit cards are accepted widely. Payment methods can vary greatly, with contactless payments and mobile wallets gaining popularity.

When it comes to exchanging money, options like Wise or OFX are typically better than converting cash at local banks or airports, which may have unfavorable rates. Additionally, for regular receiving and sending of funds internationally, using online transfer services can save you significant amounts in fees and provide real-time currency conversion rates, making your financial transactions smoother and more cost-effective.

 

Currency Forecasts related to AUD/USD

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