Whatever your reason for needing to move money abroad, you want to be sure you’re getting the best deal possible on your currency transfer.
Conducting your transfer at a poor exchange rate could leave you thousands worse off, so taking the time to look into the different options available can really pay off.
It’s also important to track the latest currency news if you want to take advantage of positive market movements. Keep reading to discover what impact this week’s news has had on Australian Dollar exchange rates…
What difference have we seen in exchange rates this week?
British Pound to Australian Dollar (GBP/AUD)
Opened the week at AU$1.64
Closed the week at AU$1.64
The difference exchanging Pounds into Australian Dollars at the beginning of the week and doing so at the end of the week is just a few cents per £100.
US Dollar to Australian Dollar (USD/AUD)
Opened the week at AU$1.31
Closed the week at AU$1.32
Difference of +1 cent per US Dollar – You’d get AU$1 more for every $100 you moved overseas.
Euro to Australian Dollar (EUR/AUD)
Opened the week at AU$1.39
Closed the week at AU$1.41
Difference of +2 cents per Euro – You’d get AU$2 more for every €100 you moved overseas.
New Zealand Dollar to Australian Dollar (NZD/AUD)
Opened the week at AU$0.91
Closed the week at AU$0.92
Difference of +1 cent per Australian Dollar – You’d get AU$1 more for every NZ$100 you moved overseas.