Discover the top-rated Money Exchange in Cairns, Queensland, Australia, recognized and praised by online customers.
Travelex – Currency Exchange Cairns
- Address: Shop 73, Cairns Central Shopping Centre Spence St and, McLeod St, Cairns City QLD 4870, Australia
- Map: Click here
- Rating: 3.9 (57)
- Phone: +61 7 4041 6043
- Website:
- Opening hours:
Monday: 9:00 AM – 5:30 PMTuesday: 9:00 AM – 5:30 PMWednesday: 9:00 AM – 5:30 PMThursday: 9:00 AM – 5:30 PMFriday: 9:00 AM – 5:30 PMSaturday: ClosedSunday: Closed
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The AUD/USD Exchange Rate: What You Need to Know
The Australian dollar (AUD) and the US dollar (USD) are two of the most traded currencies in the world. The exchange rate between these two currencies, known as the AUD/USD exchange rate, is constantly fluctuating. There are a number of factors that can affect the AUD/USD exchange rate, including:
- Interest rates: When interest rates in Australia are higher than interest rates in the United States, the AUD tends to appreciate against the USD. Conversely, when interest rates in Australia are lower than interest rates in the United States, the AUD tends to depreciate against the USD.
- Economic growth: When the Australian economy is growing faster than the US economy, the AUD tends to appreciate against the USD. Conversely, when the US economy is growing faster than the Australian economy, the AUD tends to depreciate against the USD.
- Political stability: When there is political instability in Australia, the AUD tends to depreciate against the USD. Conversely, when there is political stability in Australia, the AUD tends to appreciate against the USD.
- Commodity prices: Australia is a major exporter of commodities, such as iron ore, coal, and copper. When commodity prices are high, the AUD tends to appreciate against the USD. Conversely, when commodity prices are low, the AUD tends to depreciate against the USD.
- Speculation: Speculation is the buying and selling of currencies in the hope of making a profit. When there is a lot of speculation in the AUD/USD market, the exchange rate can be more volatile.
- News events: Major news events, such as natural disasters, wars, and political elections, can also affect the AUD/USD exchange rate.
The AUD/USD exchange rate is a complex and ever-changing market. The factors that affect the exchange rate can vary over time, and it is important to stay up-to-date on the latest news and developments in order to make informed trading decisions.
Here are some additional things to keep in mind when considering the factors that affect the AUD/USD exchange rate:
- The relative strength of the Australian and US economies is one of the most important factors affecting the AUD/USD exchange rate. When the Australian economy is strong, the AUD tends to appreciate against the USD. Conversely, when the US economy is strong, the AUD tends to depreciate against the USD.
- The interest rate differential between Australia and the United States is another important factor affecting the AUD/USD exchange rate. When interest rates in Australia are higher than interest rates in the United States, the AUD tends to appreciate against the USD. Conversely, when interest rates in Australia are lower than interest rates in the United States, the AUD tends to depreciate against the USD.
- The risk appetite of investors is also a factor that can affect the AUD/USD exchange rate. When investors are risk-averse, they tend to sell the AUD and buy the USD. Conversely, when investors are risk-seeking, they tend to buy the AUD and sell the USD.
- The AUD/USD exchange rate is also affected by a number of other factors, such as commodity prices, political stability, and speculation.
By understanding the factors that affect the AUD/USD exchange rate, you can make more informed decisions about when to buy or sell the AUD.
The 4 Best Money Exchange near Cairns
Currency Services Australia
- Address: 14 Spence St, Cairns City QLD 4870, Australia
- Map: Click here
- Rating: 4.1 (28)
- Phone: +61 7 4041 0070
- Website:
- Opening hours:
Monday: 9:00 AM – 5:00 PMTuesday: 9:00 AM – 5:00 PMWednesday: 9:00 AM – 5:00 PMThursday: 9:00 AM – 5:00 PMFriday: 9:00 AM – 5:00 PMSaturday: 9:00 AM – 1:00 PMSunday: Closed - Reviews:
5 months agoThey can change Thai baht to Australia dollars,location is good in the cbda month agoVery good service and a very good Exchange rate i was to a few of currency Exchange but this is the best one.a year agoAmazing friendly and super helpful staff!We had the pleasure of exchanging some currency with Kathy today. She was so helpful and did her best to give us the best exchange rate she could. Which was a really excellent rate mind you! Kathy was so friendly, we loved chatting to her. Really appreciate her customer service and friendliness. Definitely got us coming back from now on when we need to exchange currency.
Thanks so much again for everything today. Cheers Brad.
4 months agoGood fast service. It’s my favourite place to buy my or sell my foreign currency.11 months agoJust changed AUD to VDN. I called in advance to see if they had any. They were very nice and even held it for me until I arrived. Very appreciative!! Lovely Lady?
Travelex – Currency Exchange Cairns Airport
- Address: 2 Airport Ave, Cairns City QLD 4870, Australia
- Map: Click here
- Rating: 4.8 (20)
- Phone: +61 7 4035 9307
- Website:
- Opening hours:
Monday: 5:00 – 11:30 AM, 6:00 – 9:00 PMTuesday: 5:00 – 10:00 AM, 6:00 – 9:00 PMWednesday: 5:00 – 11:30 AM, 5:00 – 8:00 PMThursday: 5:00 – 10:00 AM, 6:00 – 9:00 PMFriday: 5:00 – 11:30 AM, 5:00 – 8:00 PMSaturday: 5:00 – 10:30 AMSunday: 5:00 – 9:00 AM, 5:00 – 8:00 PM - Reviews:
2 months agoTheir machine took my atm card today at the Domestic terminal and did not release it causing me so much inconvenience. Terrible customer service too. They can’t do anything ! I needed cash urgently to remove my bags from the locker as the Cairns airport is so backward that they don’t accept card payment. Thank god I had some Japanese yen on me or I would have been screwed. I wish I had known or they had at least put a notice on these machines. The Airport staffs told me that this has happened to multiple others.3 months agoDaniel @ Cairns Airport did an outstanding job. Very competent and friendly. Had a total different experience in Cairns Central with a very rude arrogant female staff there.6 months agoI recently reached out via email to this Travelex store in regards to currency availability. I had several correspondence with an employee by the name of Daniel. He was very kind, even taking the time to follow up with me via phone call when I had not replied to his email (which was time sensitive.) I really appreciate his great service. Thanks so much!As a side note, I’ve been using my Travelex card overseas for several weeks now. Including the usefulness of the app, I’ve found the card to be very helpful.
4 months agoDaniel is the very knowledgeable human being who will make you laugh. If you happen to catch him you’re in for a treat. 100/10 servicea week agoEverything was very good, Josefina explained me everything and was really kind !!
Cashex
- Address: 1c/63 Abbott St, Cairns City QLD 4870, Australia
- Map: Click here
- Rating: 1 (1)
Thank you for reading. You can visit the Cairns Directory to get more Money Exchange reviews and rating compilations troughout Australia.
5 Replies to Top 4 Most Trusted Money Exchange Services in Cairns
Called into Travelex inside Cairns Central on Saturday 05/03/22 to purchase some GBP cash.
GBP 150.00 = AUD $293.37, [Rate 0.5113] not the best rate however I didn’t have time to shop around. Friendly & polite staff.
EVN and SUE were amazing today. We have just come home from holidays and each of my children (5) received money from relatives while away. I needed all the money to be divided and a recipt for each one. I don’t think someone else could gave been bothered with such a time consuming request. But she did it in a lovely manner and made sure I could give each person exactly the right amount.
I really appreciate their effort. It meant a lot to me today. They also gave me an envelop for each child so that I could give them all their own. This wasn’t a case of small change there was over$1000 that needed to be shared out not equally either. It would have been tempting to just give me $50 notes. But I’m glad she didn’t. I have happy children and no arguments.
Thank you for going above and beyond for your customers.
Eun was very helpful and appreciate very much her assistance getting for me and my wife the travel money card and cash. We are travelling soon and she was able to deliver last minute. Keep up the good work! Well done Cairns Central team!
The staff at Travelex Cairns Central were very helpful and explained the process of ordering online and collecting in-store clearly. Money arrived promptly and collection was easy. Great service.
Dagmar and Eun were incredibly helpful and made the transactions so so so easy. These ladies are just the best and their service was wonderful. Thank you ladies.
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