Please contact your nearest Travelex store for the current USD buy rate or find your nearest ATM to exchange your foreign currency for AUD.
Is now a good time to exchange USD to AUD?
Now is the time to convert your leftover holiday money into a spare $184. … The Australian dollar has dropped to an 11-year low, trading at roughly US$0.6735 at the time of writing. And the low dollar also means now is a great time to exchange your foreign currency, according to currency provider Travel Money Oz.
What is the best way to exchange currency in Australia?
Australia’s best – and worst – currency exchange outlets Not only are the exchange rates favourable but there are no fees or commission charges if ordering online and paying by BPAY. The two next-best deals are from Westpac (USD & GBP) and Travelex.com.au paid via credit card.
Why is Australian dollar so low?
1. The Chinese economy and the coronavirus. One of the main reasons the Australian dollar is falling is the drop in commodity prices and demand for the commodities that Australia produces, like iron ore and coal. … This has a negative impact on the Australian dollar exchange rate.
How much is $1 US Australia?
One American Dollar currently exchanges at a rate of 1.2218 AUD.