Rates and fees verified as correct at 16 February, 2019. Other information correct at the time of writing.
Currency Online gives you the flexibility to trade where and when you want. It’s online platform means you can send money internationally 24 hours a day, any day of the week. There are more than 25 currencies on offer, so see below for today’s rates.
|Currency||At today's CurrencyOnline Rate, 1 AUD buys*||For 10,000 AUD recipient will get|
|United States Dollars (USD) USD||USD 0.711||USD 7,102||Go to site |
|Euros (EUR) EUR||EUR 0.6297||EUR 6,289||Go to site |
|Great Britain Pounds (GBP) GBP||GBP 0.5516||GBP 5,509||Go to site |
|Canadian Dollars (CAD) CAD||CAD 0.9416||CAD 9,405||Go to site |
|Chinese Yuan (CNY) CNY||CNY 4.8361||CNY 48,303||Go to site |
|Danish Krone (DKK) DKK||DKK 4.6971||DKK 46,914||Go to site |
|Hong Kong Dollars (HKD) HKD||HKD 5.5802||HKD 55,735||Go to site |
|Indian Rupee (INR) INR||INR 50.9708||INR 509,097||Go to site |
|Indonesian Rupiah (IDR) IDR||IDR 10093.011||IDR 100,808,994||Go to site |
|Japanese Yen (JPY) JPY||JPY 78.5628||JPY 784,685||Go to site |
|Malaysian Ringgit (MYR) MYR||MYR 2.9174||MYR 29,139||Go to site |
|New Zealand Dollars (NZD) NZD||NZD 1.0358||NZD 10,346||Go to site |
|Norwegian Krone (NOK) NOK||NOK 6.1413||NOK 61,339||Go to site |
|Philippine Peso (PHP) PHP||PHP 37.2225||PHP 371,778||Go to site |
|Saudi Riyal (SAR) SAR||SAR 2.6784||SAR 26,752||Go to site |
|Singapore Dollars (SGD) SGD||SGD 0.9646||SGD 9,635||Go to site |
|South African Rand (ZAR) ZAR||ZAR 10.0231||ZAR 100,111||Go to site |
|Swedish Krona (SEK) SEK||SEK 6.6041||SEK 65,962||Go to site |
|Swiss Francs (CHF) CHF||CHF 0.7147||CHF 7,139||Go to site |
|Thai Baht (THB) THB||THB 22.2411||THB 222,144||Go to site |
|UAE Dirham (AED) AED||AED 2.6231||AED 26,199||Go to site |
Min / Max Transfers
It all depends on how much you’re transferring and to where but most CurrencyOnline transfers take between 1 - 3 days
Currency Online has a range of money transfer services that are designed to provide you with the best option for your international money transfer. You could be sending money back to relatives, buying property or paying suppliers. Here’s a rundown of your options:
|Immediate money transfer or spot contractImmediate money transfer or spot contract|
This is the most popular method of transferring funds overseas. You have the need to transfer money and want it sent in the quickest and most cost effective way possible. You’ll send your money via CurrencyOnline’s website. Just select the amount you want transferred, currency and recipient. Rate is locked in and you transfer the AU amount to CurrencyOnline, then they send the money to the beneficiary’s account.
|Forward ContractForward Contract|
A forward contract allows you to buy now, pay later. This is useful if you know that you’ll need to transfer funds in the near future but want to lock in today’s exchange rates so that you can budget accordingly. There is a minimum amount for forward contracts and you’ll need to make an initial payment (or deposit) to secure the obligation. Forward contracts with Currency Online are available in 15 currencies and you can book them anywhere from one week to six months in advance.
|Market OrderMarket Order|
A market order allows you to set a predetermined exchange rate so when the market hits this rate, CurrencyOnline will lock the trade in for you. It means that you get peace of mind knowing that you won’t miss out on the exchange rate you want. You can place, monitor and cancel market orders all via the online platform but if the market reaches the agreed rate you automatically enter into a binding contract.
Visit CurrencyOnline websiteGo to site
You don’t have to worry about complicated systems or jargon with CurrencyOnline. It’s online system is extremely easy to use, they have detailed user guides and customer support to help you. First you’ll need to register for an account. This process takes around 5 minutes to complete.
Let’s say you need to pay university fees in the USA.
You need to make a payment to the university in USD. You live in Australia so it is likely that you’ll only have AUD to pay for the fees. On the day that you want to make the transfer, you sell your AUD to CurrencyOnline. Once it receives this money, CurrencyOnline will then pay the university in the USA in USD as per your instructions.