After the Australian dollar (AUD) suffered significant falls against the US dollar over 2014 and 2015, in 2016 it seemed content with being worth 74-77 US cents. At the time of writing, it’s worth 77 US cents.
But while the AUD has been relatively stable against the greenback, there are actually many countries around the world with currencies our humble dollar has significantly appreciated against over the past year.
Australian travellers to these countries will find that their purchasing power has been given a healthy boost. Essentially, by using Australian dollars, the price of goods and services for these travellers is cheaper than a year ago, as at 17th February 2017.
10 Currencies the Australian Dollar (AUD) has risen against over past year
Please note that all currency increases below are calculated from 17 Feburary 2016 to 16 February 2017. Currency appreciation is rounded to nearest percentage. Some countries’ currencies have been excluded because of high inflation, currency volatility, unsafe conditions, political instability or for simply having few tourist attractions. Fixed exchange-rate currencies also excluded.
1. Egypt – AUD 129% (increase in value) against Egyptian Pound
2. Turkey – AUD 33% (increase in value) against Turkish Lira
3. United Kingdom – AUD 24% (increase in value) against British Pound
4. Mexico – AUD 17% (increase in value) against Mexican Peso
5. Malaysia – AUD 15% (increase in value) against Malaysian Ringgit
6. China – AUD 14% (increase in value) against Chinese Yuan
7. Eurozone (Euro using Countries) – 14% (increase in value) against Euro
8. Czechia (Czech Republic) – 14% (increase in value) against Czech Koruna
9. Philippines – AUD 14% (increase in value) against Phillipine Peso
10. Sweden – AUD 14% (increase in value) against Swedish Krone
Considering a travel debit card for your next trip? Check out our comparison table below that features a sample of the current cards available on our database with 0% currency conversion fees, and $0 account keeping fees.