How can I send money to Australia with CurrencyFair?

We provide you with two options once you have created your account and deposited your money. Either exchange straight away and receive the best rate available for your Australian dollars with “Create an Auto-Transaction”, or enter our Exchange, set your desired exchange rate and you could end up with a rate which beating the interbank (the “real” exchange rate).

After you have made a decision, your money will be exchanged — check out our process times to see how long your particular transaction will take — and then it’s up to you which bank account you want your money transferred to.

How much can you save with CurrencyFair?

	Typical Bank
Transfer amount $ 2,000.00	Transfer amount $ 2,000.00
International transfer fees $ 4.00	International transfer fees $ 40.00
Exchange rate margin $ 6.00	Exchange rate margin $ 60.00
Total cost of transaction $ 10.00	Total cost of transaction $ 100.00
On average you pay just 0.4% of the amount exchanged plus a €3 (or currency equivalent) transfer fee.

Don’t delay, join CurrencyFair today and begin sending money to Australia. If you’re on the fence about how our service can benefit you, read our fantastic customer testimonials.

A History of the Australian Dollar

The Australian dollar replaced the Australian pound in February 1966 after pounds, shillings and pence were replaced by decimal currency. This preceded Australia leaving the sterling area completely in 1967.

Now, half a century later, the Australian dollar is one of the most traded currencies in the world, so you can transfer money to Australia with ease.

The Australian dollar is also the currency of the Commonwealth of Australia, which includes Christmas Island, Cocos (Keeling) Islands and Norfolk Island, as well as the independent island states of Kiribati, Nauru and Tuvalu.