We’ve got some other useful links to help you out below with finding out more about International eXchange Rates.
Most major banks can also help you out when it comes to foreign exchange but it’s worth shopping around to make sure you get the best rates, lowest transaction fees and best service for you.
For foreign exchange, prepaid cards, travel insurance, international payments and more you can check out Travelex https://www.travelex.com.au/. They trade in over 80 currencies and do business in more than 50 countries both online and in over 1,100 stores. They’re in major airports and also have over 900 ATMs.
There are also other foreign exchange services such as https://www.ozforex.com.au/ which also have some useful resources you might want to check out.
Australia Post can also help you with preparations for travelling overseas and here is some further information about what they can do to help you when it comes to cards, cash and travellers cheques https://auspost.com.au/personal/foreign-currency.html
If you have received income from outside Australia you also need to declare this on your tax return. To find out more information about including this income on your tax return visit https://www.ato.gov.au/content/22855.htm
It’s also worth checking out some of the online forums to find answers to some questions you might have that others have asked, or even join and ask your own. Here’s one we came across https://www.aussiestockforums.com/
We also came across this interesting introduction to International eXchange rates video, enjoy!