The Top Money Exchange Services in Melton for Travelers

Discover the top-rated Money Exchange in Melton, Victoria, Australia, recognized and praised by online customers.

Travel Money Oz Melton – Foreign Currency Exchange

• Address: Shop T101, Woodgrove Shopping Centre, 533-555 High St, Melton VIC 3337, Australia
• Map: Click here
• Rating: 4.3 (39)
• Phone: +61 1300 558 984
• Website:
• Opening hours:
  
  Monday: 9:00 AM – 5:00 PM

  Tuesday: 9:00 AM – 5:00 PM

  Wednesday: 9:00 AM – 5:00 PM

  Thursday: 9:00 AM – 5:00 PM

  Friday: 9:00 AM – 5:00 PM

  Saturday: Closed

  Sunday: Closed

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The AUD/USD Exchange Rate: A 5-Year Overview

The average exchange rate of the Australian dollar (AUD) in the last 5 years has been around 0.75 US dollars (USD). However, there has been a lot of fluctuation in the exchange rate during this time, with the AUD reaching a high of 0.80 USD in 2017 and a low of 0.67 USD in 2020.

Here is a table of the average exchange rate of the AUD against the USD for each year in the last 5 years:

The exchange rate between the AUD and the USD is affected by a number of factors, including interest rates, economic growth, and political stability. 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 also plays a role in the exchange rate. 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 is also a factor that can affect the exchange rate. 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.

The exchange rate between the AUD and the USD is constantly fluctuating, so it is important to check the latest rates before making any international transactions.

The Best Money Exchange near Melton

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