Currency converter: Calculate today's exchange rates

Online money transfer services often provide better exchange rates and lower fees compared to traditional banks.
Providers add a margin to the mid-market rate so compare both fees and exchange rates for total cost.
Explore current offers like sign-up bonuses or fee-free transfers to potentially reduce your initial international transfer costs.

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

Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.

{"niche":"AUFMT"}

25 of 38 results

Filter Values	Fastest Transfer Speed	Fees (Pay by Bank Transfer)
TorFX	8.9 Great	24 hours	$0	TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000. Same-day transfers between AUD and NZD (under $100,000).	Go to site View details Compare product selectionCompare	loading
OFX	9.3 Excellent	24 hours	$15	OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.	Go to site View details Compare product selectionCompare	loading
Revolut	9.2 Excellent	Within minutes	From 0.15%	Send money with great rates and low fees in 40+ currencies. Plan fees apply.	View details Compare product selectionCompare	loading
Xe Money Transfers	9.4 Excellent	Within minutes	$0	Xe has fast transfers, low fees and a range of foreign currency tools. Send money to 200 countries in over 100 currencies.	View details Compare product selectionCompare	loading
Wise Most Loved	9 Excellent	Within minutes	From 0.19%	Wise uses the mid-market rate and transparent fees to help you send money in 40+ currencies.	Go to site View details Compare product selectionCompare	loading
TorFX	8.5 Great	24 hours	$0	TorFX sends money overseas in 40+ currencies, with competitive rates for transfer amounts over $2,000. Same-day transfers between AUD and NZD (under $100,000).	Go to site View details Compare product selectionCompare	loading
OFX	7.5 Great	24 hours	$15	OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.	Go to site View details Compare product selectionCompare	loading
Xe Large Transfers	9 Excellent	24 hours	$0	Xe has fast transfers, low fees and a range of foreign currency tools. Send money to 200 countries in 100 currencies.	View details Compare product selectionCompare	loading
TorFX Business Transfers	Not scored yet	24 hours	$0	TorFX guarantees to match any competitor's exchange rate. T&Cs apply.	TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.	Go to site View details Compare product selectionCompare	loading
OFX Business Transfers	Not scored yet	24 hours	$0	OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.	Go to site View details Compare product selectionCompare	loading
Send Payments	6.7 Standard	24 hours	$0	Send provides no Send payments fee transfers via its 24/7 multi-currency payments platform with real-time quotes.	Go to site View details Compare product selectionCompare	loading
Remitly	9.3 Excellent	Within minutes	From $0	Remitly has quick, affordable transfers around the world, with both express and economy options.	Go to site View details Compare product selectionCompare	loading
Rocket Remit	7.2 Great	Within minutes	From $0 to $5	Send money instantly to friends and family in over 45 countries using just your mobile number.	Go to site View details Compare product selectionCompare	loading
WorldFirst	Not scored yet	24 hours	From $0	Open bank accounts in Australia, the UK, US, Canada, Japan and Europe. Send and receive funds with zero fees for large sums, including same-currency supplier payments.	Go to site View details Compare product selectionCompare	loading
Send business	Not scored yet	24 hours	$0	Send provides no Send payments fee transfers via its 24/7 multi-currency payments platform with real-time quotes.	Go to site View details Compare product selectionCompare	loading
MoneyGram	8.1 Great	Within minutes	Varies	MoneyGram has fast cash pick-up transfers to more than 440,000 agent locations worldwide.	Go to site View details Compare product selectionCompare	loading
Send Payments	7.9 Great	24 hours	$0	Send provides no Send payments fee transfers via its 24/7 multi-currency payments platform with real-time quotes.	Go to site View details Compare product selectionCompare	loading
Qantas Business Money	Not scored yet	Within minutes	$0	Earn 1 Qantas Point on every $1AUD equivalent converted in foreign currency. T&Cs apply.	Set up accounts in 11 different currencies and get rewarded for global business payments by earning Qantas Points.	View details Compare product selectionCompare	loading
Xe Business Transfers	Not scored yet	Within minutes	$0	Xe has fast transfers, low fees and a range of foreign currency tools. Send money to 200 countries in 130+ currencies.	View details Compare product selectionCompare	loading
CurrencyFair	6.3 Standard	24 hours	€3	New customers get 10 fee-free transfers for the first 6 months. T&Cs apply.	CurrencyFair has bank-beating exchange rates and fast transfer times on 20+ popular currencies.	View details Compare product selectionCompare	loading
CurrencyFair	6.2 Standard	24 hours	€3	New customers get 10 fee-free transfers for the first 6 months. T&Cs apply.	CurrencyFair has bank-beating exchange rates and fast transfer times on 20+ popular currencies.	View details Compare product selectionCompare	loading
Revolut Business	Not scored yet	Within minutes	$0	Revolut allows your business to move money around the world quickly and cheaply with 40+ currencies and no maximum limit transfers. Plan fees apply.	View details Compare product selectionCompare	loading
OrbitRemit	9 Excellent	Within minutes	$0-$4	Get a $0 fee and special promotional rate on your first transfer with OrbitRemit. T&Cs apply.	OrbitRemit sends to over 45+ countries for a flat fee and transparent exchange rate.	View details Compare product selectionCompare	loading
Airwallex	Not scored yet	Within minutes	$0	0% foreign exchange margin and $0 fees on your first $20,000. T&Cs apply.	Streamline global payments across 150+ countries with fast settlements and competitive rates in over 60 currencies.	View details Compare product selectionCompare	loading
CurrencyFair	Not scored yet	24 hours	€3	CurrencyFair has bank-beating exchange rates and fast transfer times on 20+ popular currencies.	View details Compare product selectionCompare	loading

Showing 25 of 38 results

Finder Score for money transfer

We review money transfer providers for different features to assign them a score out of 10. The higher the score, the more competitive the product.

Read the full methodology

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 a 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 mark-ups 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 OFX. 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.

2. 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:

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

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

Limit orders. Your currency trade is executed only when a currency reaches a price you’ve set beforehand.
Forward contracts. Receive a guarantee that you can exchange money at a specified rate in the future.

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 2 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.

Example: 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.

* This is a fictional, but realistic, example.

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.

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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.

Key takeaways

Compare exchange rates

Finder Score for money transfer

What's the mid-market rate today?

How is currency converted?

How currency is converted for consumers

How can I get the best currency conversion?

1. Use an online money transfer service.

2. Exchange rate histories

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

Mistakes to avoid

Example: Sending money to France

Transferring through your bank

Transferring through an online money transfer provider

What’s the verdict?

Exchange rates from AUD to other currencies

Get rewarded $$ for switching with Finder Rewards

Ask a question

More guides on Finder

Calculate today’s exchange rates with a currency converter

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

Key takeaways

Compare exchange rates

Finder Score for money transfer

What's the mid-market rate today?

How is currency converted?

How currency is converted for consumers

How can I get the best currency conversion?

1. Use an online money transfer service.

2. Exchange rate histories

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

Mistakes to avoid

Example: Sending money to France

Transferring through your bank

Transferring through an online money transfer provider

What’s the verdict?

Exchange rates from AUD to other currencies

Get rewarded $$ for switching with Finder Rewards

Ask a question

More guides on Finder

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