News & Updates
Currency in Central America
Mexican Pesos
Why You Can’t Find an Unimoni Currency Exchange Store
If you have used Unimoni in the past to buy some travel money, you might be wondering - why can't I find them anywhere? Well, unfortunately, Unimoni has stopped buying or selling currency in cash. Unimoni currency exchange closed their Australian stores. They also closed their wholesale division and no longer offer customers in Australia... Continue reading→
2022 AUD EUR Dollar Forecasts
This article looks at what the banks are predicting for the AUD to EUR exchange rate over the long term in 2022.
2022 AUD GBP Forecasts
This article looks at what the banks are predicting for the AUD to GBP exchange rate over the long term in 2022.
The Australian Dollar Sinks to It’s Lowest Point this Year
This week, the AUD/USD fell below 76 cents for the first time in 2021. The main driver of the exchange rate seems to be a US Dollar that is getting stronger. But is now a good time to buy Australian Dollars? Here comes the greenback The recent move lower has been on the back... Continue reading→
Why the Australian Dollar Could Hit 80 cents this Year
Since March 2020, the Australian dollar has been on a march towards 80 cents agains the US dollar. In the first week of 2020, it reached 0.7816 before easing off. Despite the recent drop, many economists are predicting the Australian dollar (AUD) to reach and move above 80 US cents this year. Here's why: Massive... Continue reading→
The Australian Dollar motors to a 21 month high over the weekend
The Australian dollar moved higher over Friday and Saturday, pushing to a 21-month high against the US dollar. Once again, the move higher was driven largely by a weaker US dollar. So how does it work? Well, if the US dollar weakens and the Australian dollar remains the same, then the AUD/USD exchange rate goes higher.... Continue reading→
AUD USD Rises Above 72 cents for the first time in 17 months
For the first time since February 2019, the Australian dollar has risen above 72 cents. It caps off a remarkable period for the Aussie dollar which hit 0.5740 in late March. The massive rally higher has been driven by: An increase in commodity prices A weaker US dollar Increased risk sentiment The forecast for the... Continue reading→
The Aussie dollar rockets to a 15-month high above 71 cents
Yesterday, the Australian dollar pushed higher to hit a 15-month high. A softer US dollar helped propel the AUD/USD rate to 0.7181 before easing back about 0.5% this morning. The Aussie dollar managed to strengthen despite a rise in coronavirus cases both locally and in the US. The extension of the JobKeeper and JobSeeker programs... Continue reading→
The Australian Dollar hits 70 cents for just the third time in 2020
After weeks of flirting just short around 69 cents, the AUD/USD exchange has risen back above 70 cents for only the third time in of 2020. The Australian dollar traded between 0.6850 and 0.6950 for much of June and the first half of July before breaking higher. A mixture of higher commodity prices, particularly iron... Continue reading→