Useful article on how to save money when moving Australian Dollars

A Good Start to the Week for AUDGBP

Australian Dollar Forecast AUD to GBP Best Rates

When moving Australian Dollars or any currency for that matter it is always important to try and get the best exchange rate possible when you’re ready to transfer currency. The linked article below is extremely useful and mentions how much can be save by using a currency broker over a bank. http://www.australiaforum.com/information/immigration/millions-lost-in-currency-exchanges-for-those-moving-to-australia.html ‘Buying or renting a home along with all other bills and moving costs will amount to thousands of pounds so shopping around for the best Sterling to Australian Dollar exchange rate is vital. The difference in rates offered by a high street provider and a currency specialist will amount to almost A$900 for every £10,000 exchanged,’ said Stephen Hughes, director of Currencies.co.uk.

Currently GBPAUD exchange rates are sitting at 1.5230 with a slight weakening of the AUD during the trading session as the Euro fights back a little compared to it lowest level against the AUD recently. Also with Australian employment slightly lower than expected this has also seen a mild amount of Australian Dollar weakness today.

For information as to how to save money when buying or selling Australian Dollars please contact me teh@currencies.co.uk quoting ‘Australian Dollar Forecast.’