- May 15, 2006
- LT Silver
I have just visited the Travelex website and noticed that the rate for the AUD against the USD is 0.7627USD/AUD. This is about the highest the rate has been in the past two months. I bought some USD in early September form Travelex online at 0.7596 USD/AUD. The online rates are much better than the OTC rates. If you are travelling to the LOTFAP in the near future and want to buy some cash, it's worth monitoring the rate, especially in the light of the forthcoming Reserve Bank Board meeting on Nov 7th and interest rate announcement on Nov 8th. If our rates rise (other things being equal) the AUD should rise against the USD. If you are ordering money online with Travelex, there is a maximum 28 day window to complete the contract and a minimum 2 day window before collection can take place.