Articles written by Justin Rampono
Where is it Cheaper to Buy Foreign Currency, Australia or Abroad?
In most cases, it is cheaper to buy your foreign currency at home in Australia before you head overseas but there are some important exceptions. It’s cheaper to convert Australian dollars into foreign currency if you are travelling to Singapore, Bali, Thailand or Hong Kong. If you are heading overseas in the next few months, here are some practical tips to get more out of your travel money: Places with the best exchange rates in Australia Buying currency online Using credit cards and debit cards overseas The best places to exchange currency abroad Conclusion and travel tips Buying travel money […]
What you can do with foreign currency coins
If you’ve travelled overseas, chances are, it’s happened to you. During your trip, your wallets and pockets become filled with foreign currency coins. Coins that, when you look at them, you have no idea if it’s worth 5 cents or 5 dollars. Then when you get back home, they get piled in with all the other coins from other trips or worse – they end up in the bin. Unfortunately, Australian money changers will rarely exchange these left over foreign coins but they aren’t worthless. Here are a few alternatives to throwing them out.
The Winners and Losers from a Low Australian Dollar
The Australian dollar recently hit its lowest point since 2002 as it plummeted to 55 cents. It’s now lost more than 10% in 10 days and it’s not just the AUD/USD exchange rate that’s falling. The Australian dollar is down against most other currencies like the euro, pound, yen and kiwi dollar. So is a low Australian dollar good or bad? Like many things, it really depends on your situation. There are definitely winners and losers from a low Australian dollar. The big winners out of a low Australian dollar are some of the parts of the economy that have […]
How to Pay for Things in Japan Using a Card
Japan, where tradition meets modernity, presents a unique landscape for handling money. As a traveler, being well-prepared to manage your finances efficiently while exploring this fascinating country is essential. While Japan is technologically advanced, cash remains a predominant mode of payment. You can however, use your card in many places across the country. With foreign-friendly ATMs still somewhat elusive and over-the-counter card payments patchy, the best way to pay for things in Japan involves combining a number of options: Paying with your Australian debit card Buying a prepaid travel money card Paying with a credit card Buying and preloading an […]
4 Excellent alternatives to Travel Money Oz
Travel Money Oz have more stores than any other money exchange service but they aren’t always the cheapest option. Here are 4 currency exchange providers like Travel Money Oz that have some of the best exchange rates in Australia. S Money Crown Currency Travelex Unimoni
Australian dollar recovers nearly 10 cents off recent lows
In short The Australian dollar has risen from 55 cents to 64 cents against the US dollar Money that flooded into US dollars as investors seek the safety of ‘safe haven’ assets is now flowing in the opposite direction The AUD has also gone up against the Euro, Yen and British Pound Time Open Low High Today 0.6384 In the last week 0.6133 0.6444 In the last month 0.5530 0.6444 The Australian dollar has bounced back after it fell to 55 cents less than a month ago. It has rallied more than 9 cents against the US dollar but has […]