Wondering when’s a good time to make a currency exchange on your YouTrip app? If you’re planning on making a switch from SGD to AUD, you’ve come to the right page!
As of today, 2 August 2024, the current exchange rate at the time of writing is S$1 to 1.15 AUD on Google and 1.150 AUD on YouTrip. The last time the AUD hit that rate was on 16 November 2023 — almost 8 months ago! Here’s your sign to make the switch from SGD to AUD on your YouTrip app.
To give you some perspective, on 27 Dec 2023, the Australian dollar exchange rate fell further to 1.11 AUD against the Singapore dollar and has been fluctuating ever since. Simply put, if you’re looking to lock in the best Australian dollar rates, the time is now!
This is good news for those of you planning to take a trip Down Under soon. Whether you’re seizing the moment to make the most of every dollar by locking in the best rate before it bounces back — or just planning for a future trip to Australia, this guide is for you.
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SGD to AUD: How’s It Going?
Fig A:
Image credits: Trading Economics
Fig B:
Image credits: Monetary Authority of Singapore
First of all, let’s break down both Fig A and Fig B. Fig A describes the general journey of the Australian dollar across the last year, up to August 2024 — showing that as of 2 August 2024, 1 AUD is exchangeable for 0.86864 SGD. Compared to 10 July 2024, when 1 AUD was exchangeable for 0.91059 SGD.
Similarly, in Fig B, you’re looking at the monthly average of 100 units of the Australian dollar per SGD. As you can see, July 2024’s average rate of 87.30 is the lowest monthly average since October 2023 (86.80).
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How To Lock In The Best AUD Rates With YouTrip:
In a nutshell, YouTrip works to “unpinch” your wallet – you don’t need to worry about losing money from exchange rate margins.
✅ Simply top up the desired amount of SGD you wish to change to Australian Dollars in your mobile wallet
✅ Tap on the exchange icon in your YouTrip app and YouTrip will do all the work with Smart Exchange™
✅ You’ll see 10 major currencies available for real-time currency exchange and conversion, but you can go ahead and pick out AUD
✅ And there you have it, you have the best AUD rates locked in!
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Secure The Best Australian Dollar Rates With YouTrip!
Head over to your YouTrip app and make the switch from SGD to AUD now! The same Wholesale Exchange Rates will be utilised when you exchange currency in-app. Moreover, exchanging currencies in over 150+ countries on YouTrip also comes with zero fees and markup!
As Singapore’s favourite multi-currency wallet, we aim to get those pesky fees out of the way and help you save on your travels. With the best foreign exchange rates, no longer will you have to deal with those long queues at money changers! So if you’re looking for a go-to travel card, sign up for your complimentary YouTrip card today with <YTBLOG5> and get FREE S$5 in your account! For more great tips and articles like this, join our Telegram (@YouTripSG) and subscribe to our free weekly newsletter here or down below.
And while you’re at it, why not join the conversation with thousands of #YouTroopers in our very own Community Telegram Group @YouTripSquad? Get tips and tricks to everything YouTrip including exclusive invites to exciting events and experiences, & be part of the #YouTripSquad! 💜
Stay safe, and happy travels!
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