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Calculate today’s exchange rates with a currency converter

Looking for the best exchange rates? Use our money transfer currency conversion calculator

Updated

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Whether you're sending money overseas to pay for tuition, investing in a property or as a present for a loved one, you'll want the biggest bang for your buck. Don't leave this up to chance. Find which money transfer provider offers the best exchange rates for you by using our currency calculator below.

Compare exchange rates

Compare the exchange rates of popular providers to find the best one for you. All you need to do is enter how much money you want to convert into the tool below.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 2,000 1 day AUD 0.00 0.701 USD
7,008
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.701 USD
7,008
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.701 USD
7,008
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 0.701 USD
7,008
$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.
Go to site Show details
GBP 3,000 1 day AUD 0.00 0.701 USD
7,008
Global Reach will match any competitor's exchange rates. Conditions apply.
Get no fees for both business and personal transfers when you send your money overseas with Global Reach.
Go to site Show details
AUD 1 1 day AUD 52.00 0.7 USD
6,965
Pay no fees on your first two transfers, up to $3,000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
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AUD 0 Same day AUD 2.99 0.696 USD
6,957
Special offers like free transfers and better exchange rates available for new customers.
Affordable transfers around the world with both express and economy options. Express transfers delievered in as little as 10 minutes for an extra fee.
Go to site Show details
AUD 1 Same day AUD 0.00 0.7 USD
7,001
Get fast transfers with no fees and a range of foreign currency tools. Go to site Show details
AUD 200 1 - 2 days AUD 50.00 0.703 USD
6,993
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.
Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.697 USD
6,964
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
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AUD 1 Same day AUD 3.99 0.695 USD
6,949
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details

Compare up to 4 providers


The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.

What's the mid-market rate today?

The mid-market rate, referring to the mid-point between the buy and sell rates on the foreign exchange market, is generally different to what the money transfer providers are offering. Compare the provider rates with real-time exchange rates below, which shows some of the more popular currency pairs.

How is currency converted?

Every day, traders buy and sell currency on the forex market. As they do, they increase and decrease the value of currency.

When the market says one currency is worth a specific amount of another currency, we call that the mid-market rate. For example, the mid-market rate between the US dollar (USD) and Japanese yen (JPY) could be 1 USD = 100 yen. This is the rate that banks use to trade money with one another.

How currency is converted for consumers

When you convert money through a money transfer provider, you likely won’t get the mid-market rate. Instead, your provider adds a margin on top of the exchange rate.

Let’s say you want to transfer US dollars to Japan and the mid-market rate is 1 USD = 100 JPY. Your money transfer provider could instead offer a rate of 1 USD = 96 JPY.

If you transfer $1,000, you won’t receive 100,000 JPY. Instead, at the rate the provider’s offering, you’ll receive 96,000 JPY.

Your provider pockets the 4,000 JPY, which means you’ve lost around $30 to the exchange rate.

How can I get the best currency conversion?

In the old days, you had only a few ways to transfer money. Today there are better methods.

Keep these tips in mind to get the best currency conversion rate.

1. Use an online money transfer service.

Back in the day, banks had an iron grip on the money transfer market. They freely charged high markups on exchange rate. Even today, you’ll generally pay a margin of 2% to 5% on the mid-market rate when exchanging money at a bank.

Today you’ll find cheaper online transfer services like TorFX and WorldFirst. These platforms charge much lower margins — typically between 0.5% and 2%.

When converting and transferring money, first look online. You’ll likely pay much less than you will at your local bank branch.

Exchange rate histories

Understanding historical exchange rate patterns can help you understand if what you're looking at is a good rate, or if it could be better. Choose a currency pair from the drop-down list to see historical currency conversions:

Historical Rate chart of AUD and CNY

1
0
Updated: 29 Oct 2020 23:44:56 UTC

3. Use forex tools to get the best exchange rates.

If you’re okay with a more complex process, exchange your money on a forex platform. These platforms often offer advanced tools to get the best rates, including:

Many money transfer providers offer limit orders and forward contracts. Contact your provider to learn more.

Mistakes to avoid

  • Transferring through banks or brick-and-mortar providers. These providers tend to charge high fees and offer poor exchange rates.
  • Forgetting to look at both fees and exchange rates. Providers usually make big money in these two categories. If a service charges no fees, be wary - it may include a huge margin on the exchange rate.
  • Not comparing providers. Many of the cheapest providers are online. Before settling on one, compare several to get the best rate.

Sending money to France

You want to transfer $5,000 to France. Say the mid-market rate is 1 AUD = 0.65 EUR – this means your $5,000 should be worth 3,250 EUR.

Transferring through your bank

Your bank charges a $30 fee for a wire transfer and converts at a rate of 1 AUD = 0.62 EUR.

You pay the $30 fee first, then your $5,000 is transferred to France. Your recipient receives $5,000 x 0.62 or 3,100 EUR.

  • Your $5,000 is worth 3,250 EUR, but your recipient received 3,100 EUR. This means you’ve lost 150 EUR to the exchange rate, which is about $237.
  • When you tally in the $30 wire transfer fee, you’ve lost $267 on the exchange.
Transferring through an online money transfer provider

You can find online money transfer providers that charge no fees. Yours converts at a rate of 1 AUD = 0.64 EUR.

This means your recipient receives $5,000 x 0.64 or 3,200 EUR.

  • Your $5,000 is worth 3,250 EUR, and your recipient receives 3,200 EUR. This means you’ve lost only 50 EUR to the exchange rate — or about $79.
What’s the verdict?

Ultimately, you’ll pay much less when you use an online money transfer provider rather than a bank. Among online providers, you can find even better deals than you’d expect.

Here’s the takeaway: The more online providers you compare, the more money ends up with your recipient at the end of the day.

Exchange rates from AUD to other currencies

You can find out more details about your currency of choice below, including real-time currency exchange rates.

International Money Transfer Offers

Important Information*
Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

Logo for SendFX International Money Transfers
SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.

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2 Responses

  1. Default Gravatar
    philOctober 12, 2018

    I want foreign cash . Who gives the best rates and fees in the Newcastle NSW area and what is best to trade with, cash or credit card.

    • Avatarfinder Customer Care
      JohnOctober 12, 2018Staff

      Hi Phil,

      Thank you for leaving a question.

      While we do not provide specific product recommendations, we can help guide you through the process of comparing options from our pages. You may however be interested in this article regarding purchasing currency via the Post Office. Please click on this link to know more about how this transaction works. Hope this helps!

      Cheers,
      Reggie

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