The lowdown on the Australian dollar
Economical Influences on the Australian dollar Exchange Rate
The fifth most-traded currency in the world, the Australian dollar is up there among the world’s biggest players. Sometimes written as A$ to distinguish it from all other dollar currencies out there, the Australian dollar is known to its friends as the ‘Aussie’.
Up until February of 1966 the Australian dollar was actually called the Australian pound - in recognition of its British roots. In 1966 when decimalisation came in, many original and quirky names were suggested for the currency’s new identity; from the austral to the oz, the boomer to the emu, and even the roo to the kanga. In the end though, simplicity prevailed and the new name was decided as the Australian dollar.
Made from plastic (polymer), Australia’s bank notes not only produce high security against counterfeiting, but the plastic material also means they’re clean, durable and waterproof.
Australian dollar Historical Market Exchange Rate
During the past 5 years, there have been consistent fluctuations in the NZ to AUD exchange rate.1
On 3 November 2014 the NZD was trading at 0.88846 per AUD, however only a few months later on 6 April 2015 the exchange rate had improved to see the NZD equal to 0.99670 AUD.1
This positive trajectory for the NZD stayed on course over the next year and as of 23 November 2015 1 New Zealand dollar equalled 0.90569 AUD.1
Throughout 2016 this positive trajectory continued and as of 11 September 2016 the NZD was equal to that of 0.97143 AUD.1
Holding steady over the following months, on 20 March 2017 the NZD converted to approximately 0.91 AUD; dropping slightly over the following months to exchange to around 0.88 AUD on 23 October 2017.1
In 2018 the New Zealand dollar strengthened - equalling 0.95108 AUD on 13 April and 0.95511 AUD on 24 December 2018.1
Learn more about the AUD before you travel to Australia and create a currency rate alert so we can notify you when it hits the rate you want.
Exchange rates last updated Sunday, 03 December 2023 3:55:26 AM NZDT. The online exchange rates provided by this Currency Converter are intended as a guide only and should not be used for transactional purposes. All rates are subject to change from time to time without notice. Exchange rates used in-store may differ from those offered online. The Travelex online buy rate will be used for conversions from a foreign currency to the local currency. The Travelex online sell rate will be used for conversions from the local currency to a foreign currency.
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Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 3 months
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How to see Travelex historical rates
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1. XE - https://www.xe.com/currencycharts/?from=NZD&to=AUD&view=5Y. Based on mid-market rates.
*The information contained in this article has been compiled by Travelex from different different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex NZ Limted arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.