Thu 21 Nov 2024 06:23GMT
A money transfer through a foreign exchange broker is the smart move. With excellent exchange rates and fee-free transfers, you could save time and money.
To send international money transfers to Australia, you will need a foreign exchange broker for australian dollars transfer. Please see following live interbank exchange rates for Australia money transfers:
Please note: exchange rates above are those used between banks and not available for the average consumer! You have two options when looking to source the best way to transfer money into Australia's currency of AUD. You can use a high street bank or a foreign exchange broker. When comparing services you'll need to check if there are any transaction fees, in addition to the AUD exchange rate being offered. By using a specialist currency broker, you'll often find the money transfer service is fee-free, and can have better than bank exchange rates. Forex brokers also offer benefits over the banks such as dedicated FX managers, the ability to lock in an exchange rate for your australian dollars and low margins.
The Pound to Australian Dollar exchange rate held steady today following the release of the latest UK factory output and orders data, which surged at its quickest rate since 1974. The pairing is currently fluctuating around AU$1.86. Rain Newton-Smith, the chief economist at CBI, however warned: ‘Businesses have already endured a prolonged period of inhibited demand, so it is vital that government now takes all possible steps to protect this resurgence in activity.’ Today also saw...
The Pound New Zealand Dollar (GBP/NZD) exchange rate fell by -0.2% despite the Reserve Bank of New Zealand’s (RBNZ) hawkish bias this week by forecasting a possible rate hike next year. The pairing is currently trading around NZ$1.93. The New Zealand Dollar’s gains against the Pound – which shot up by 1% yesterday – proved to be short-lived as New Zealand-China trade relations continue to show signs of souring. New Zealand’s foreign minister Nanaia Mahuta warned about growing...
The Pound Australian Dollar exchange rate rose today following yesterday’s release of the latest Australian inflation gauge. The nation’s inflation figure rose less than expected, dampening confidence in Australia’s economic recovery. The pairing is currently trading around AU$1.79. Sarah Hunter, chief economist for BIS Oxford Economics, commented: ‘Core inflation is likely to remain weak for some time. Wages growth remains subdued and demand for many services is still recovering...