Today’s Foreign
Exchange Rate

Looking for the best exchange rates?
Look no further, We constantly monitor the market so you don’t have to.

We wont be beaten on exchange rates in-store or online. We’re always compare our rates against others(online/in-store), to make sure we offer you with best foreign currency. Use our currency converter calculator below to see real time currency conversions based on the rate of the day, so you can see if it’s a good time to buy.

How to calculate exchange rates

Exchange rates are influenced by banks and trading institutions and the volume of currency they are buying and selling at any given time. Currencies are traded (bought and sold) daily around the world.

One currency can be purchased by another currency through banking institutions or on the open market. The volumes of currencies traded are increased and decreased depending on the attractiveness of any particular currency, which depends on a multitude of factors such as political stability, economic strength, government debt and fiscal policy among others.

Government central banks also have the ability to set a currency at a constant price through a method called pegging, which essentially tethers the value of one currency to another. The value (or price) of a currency is determined by its traded volume. If a currency is competitively priced, traders will buy the currency, essentially driving up its value. If a currency is not competitively priced, traders may avoid buying, or even sell it, essentially driving down its value.

Why do exchange rates change?

The exchange rates of the world’s currencies constantly move up and down against each other based on supply and demand. The more in demand a currency is, the higher its price will be. Changes in the foreign exchange market can be caused by this supply and demand, as well as by political and economic events.

Frequentaly Asked Questions!

How does Post Office Delivery works?

A flat fee of $9.99 applies to orders collected at Australia Post stores.

How much does it cost?

A flat fee of $9.99 applies to orders collected at Australia Post stores.

How does Post Office Delivery works?

A flat fee of $9.99 applies to orders collected at Australia Post stores.

How does Post Office Delivery works?

A flat fee of $9.99 applies to orders collected at Australia Post stores.

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