2021 AUDJPY Dollar Forecasts
The Australian dollar against the Japanese Yen exchange rate (AUDJPY) changes every second. This article shares bank forecasts to help you predict changes in the AUDJPY rate. The 2022 Forecasts for the AUD to JPY are out now With most of 2021 out of the way, attention turns to 2022. Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts:
2021 AUDEUR Dollar Forecasts
The Australian dollar against the Euro dollar exchange rate (AUDEUR) changes every second. This article shares bank forecasts to help you predict changes in the AUDEUR rate. The 2022 Forecasts for the AUD to EUR are out now With most of 2021 out of the way, attention turns to 2022. Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts:
2021 AUDNZD Dollar Forecasts
The Australian dollar against the New Zealand dollar exchange rate (AUDNZD) changes every second. This article shares bank forecasts to help you predict changes in the AUDNZD rate. The 2022 Forecasts for the AUD to NZD are out now With most of 2021 out of the way, attention turns to 2022. Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts:
The Most Valuable Song from Every Country
Every country has its natural resources. And every country on Earth can count its musicians among them. Science has proved that music exists in all cultures. Songwriters everywhere create music for the same fundamental reasons, including ‘infant care, healing, dance, and love.’ But are they making the same bucks? S Money calculated the Spotify earnings of the most-streamed song by artists of every country. Then we counted the takings of the most Spotified track in each country and put both sets of data into interactive tables with playable clips. Scroll on for a pan-cultural hit parade. The most valuable song […]
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 of the US dollar (also known as the greenback). The US Dollar has gotten stronger against most other currencies including the Australian dollar. This has caused the AUD/USD to fall. So why is the US Dollar getting stronger? The US economy is flying. Thanks to […]
2021 AUDUSD Dollar Forecasts
The Australian dollar against the US dollar exchange rate (AUDUSD) changes every second. This article shares bank forecasts to help you predict changes in the AUDUSD rate. The 2022 Forecasts for the AUD to USD are out now With most of 2021 out of the way, attention turns to 2022. Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts:
New Zealand Dollar Forecasts
New Zealand dollar exchange rates and forecasts change all the time. This article looks at bank predictions and is updated regularly.
Australian Dollar Forecasts
Australian dollar exchange rates and forecasts change all the time. This article looks at bank predictions and is updated regularly. The 2022 Australian dollar Forecasts are out now With most of 2021 out of the way, attention turns to 2022. Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts:
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 Chinese demand for Australian commodities like iron ore A stronger than expected recovery in the Aussie economy A falling US dollar Let’s have a look at each of them in a little more detail. China is on the move The coronavirus hit every economy hard […]
2021 Australian Dollar forecasts upgraded as the AUD soars to new highs
Two of Australia’s big banks have upgraded their forecast as the AUD/USD exchange rate hit a fresh 2 and a half year high above 76 cents. The National Australia Bank now expects the Australian dollar to move up to between 80 and 85 cents in the back half of next year. Westpac also increase their prediction for the AUD with a forecast of 82 cents by the end of 2021. Why the Australian dollar is rising There are a dozens of reasons why the Aussie dollar has been getting stronger. These include: Rising commodity prices like iron ore The […]
Currency in Russia
A Travel Money Guide to Russia Russia offers many different types of travel experiences, treks in the wilderness, exploring lots of historical sites and train journeys. While it is a modest budget destination, to get the most out of your trip, it’s a good idea to learn everything you can about the local currency and payment options before you go. The currency that is used in Russia The official currency used in Russia, is the Russian Ruble, which has the international code RUB and the symbol ₽. There are 7 different types of banknotes, they are 50₽, 100₽, 200₽, […]
Currency in Turkey
A Travel Money Guide to Turkey The Republic of Türkiye (Turkey) has attracted tourists centuries and with its amazing historical sites like Aya Sofya, scrumptious food and coastal vistas. Even though it is a moderate costing destination, it’s a good idea to learn everything you can about the local currency and payment options before you go. The currency that is used in Turkey / Republic of Türkiye The currency they use in Turkey is the Turkish Lira. It is used by both locals and tourists. While most shop keepers in popular destinations like Istanbul will accept US dollars and […]
Cancel for Any Reason: Travel Insurance Coverage During a Pandemic
It might be tempting to book a holiday in the hopes that Australia’s international borders will re-open soon. But there’s a high risk that you may have to cancel the holiday – or that complications arise from the COVID-19 pandemic. We’re all attuned to protecting ourselves against travel mishaps with insurance but travel insurance in a time of corona has become a lot more complicated. Cancel for Any Reason (CFAR) travel insurance might have provided protection against the pandemic. But Cover-More, Australia’s major supplier of CFAR policies, suspended Cancel for Any Insurance policies at the start of the coronavirus outbreak. […]
Currency in India
A Travel Money Guide to India India is one of our favourite places in Asia for the breathtaking beauty of the Taj Mahal, the glorious Goa beaches, and its interesting cities like Rajasthan, Mumbai and Varanasi. To get the most out of your trip, it’s a good idea to learn everything you can about the local currency and payment options before you go. The currency used in India The currency they use in India is the Indian Rupee, which has the international code INR and the symbol ₹. Indian Rupee banknotes have 7 denominations: ₹5, ₹10, ₹20, ₹50, ₹100, […]
Taking Cash Out of Australia: How Much Is Too Much?
Are you heading away on a big holiday abroad, or moving overseas, and are unsure how much money you can actually carry out of Australia? The good news is there’s no limit to how much cash you can take out of, or into, the country. But while you can carry unlimited sums out of Australia, you may have to declare amounts with a combined worth of AU$10,000 or more. Important read: While we try to keep this info as accurate and up to date as possible, it’s general information only. Please remember we don’t provide financial or legal advice. Australia […]
3 Significantly Better Options to Currency Exchange at Sydney Airport
Currency exchange at Sydney Airport can be a real rip-off. If you are exchanging a small amount under $200, you could lose up to 30% of your money in loaded exchange rates and money changer fees. There are only 2 money exchange options at Sydney International Airport – ANZ or Travelex. If you are already at Sydney Airport, then these are your only 2 options. If you have time to sort out your travel money before you go to the airport, here are 3 better alternatives: Order online before you head to the airport Head into a store or a […]
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. The opposite is true too. If the US dollar gets stronger and the Australian dollar doesn’t change, then the AUD/USD rate will fall. In this case, the US dollar has been falling for 4 straight months. This is a big change from earlier in 2020 […]
Tax on Currency Exchange for Travel Money and Travellers’ Cheques
If you want to exchange large amounts of money for your trip abroad, it’s natural to wonder whether you’ll be taxed and whether it’s better to exchange your foreign currency overseas. The good news is that in Australia, you don’t have to pay tax on currency exchange if you’re simply buying foreign cash for a holiday. That’s because the transaction is a one-off and the money you’re buying is for personal use. But it depends on the circumstances around your foreign exchange. There may be a small tax just on the service fee or commission. And if you’re buying traveller’s […]
