1 Fiji Dollar to Australian Dollar: An Overview
Are you planning a trip to Fiji or Australia and wondering about the exchange rate between the two currencies? Look no further! In this article, we'll provide an overview of the exchange rate between the Fiji dollar (FJD) and the Australian dollar (AUD), as well as some essential information to help you make the most of your money.
Current Exchange Rate
As of the current market rate, 1 Fiji dollar is approximately equal to 0.67 Australian dollars. This exchange rate may fluctuate depending on various economic factors, so it's essential to check the latest rates before making any transactions.
Fiji Dollar (FJD)
The Fiji dollar is the official currency of Fiji, an island nation in the Pacific Ocean. It was introduced in 1969, replacing the Fijian pound. The currency is issued by the Reserve Bank of Fiji, the country's central bank.
Australian Dollar (AUD)
The Australian dollar is the official currency of Australia, a country in the Southern Hemisphere. It was introduced in 1966, replacing the Australian pound. The currency is issued by the Reserve Bank of Australia, the country's central bank.
Exchange Rate History
Over the past few years, the exchange rate between the Fiji dollar and the Australian dollar has been relatively stable. However, there have been some fluctuations due to changes in global economic conditions.
| Year | Exchange Rate (FJD to AUD) |
|---|---|
| 2020 | 0.65 |
| 2019 | 0.68 |
| 2018 | 0.63 |
| 2017 | 0.66 |
| 2016 | 0.65 |
Tips for Exchanging Currency
If you're planning to exchange your money between FJD and AUD, here are some tips to keep in mind:
- Avoid exchanging money at airports or hotels, as the rates may not be favorable.
- Use reputable currency exchange services, such as those provided by banks or licensed exchange dealers.
- Compare rates among different exchange services to get the best deal.
- Use credit cards or debit cards that don't charge foreign transaction fees.
Conclusion
In conclusion, the exchange rate between the Fiji dollar and the Australian dollar is an essential piece of information for anyone traveling between the two countries. By understanding the current exchange rate and being aware of the factors that affect it, you can make the most of your money and enjoy a hassle-free trip.
Remember to check the latest exchange rates before your trip and consider using reputable currency exchange services to get the best deal. Happy travels!
