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The exchange rate between the Australian dollar (AUD) and the British pound (GBP) has, of late, been a bit up and down.
The foreign exchange market is a globally interconnected marketplace, so events from all over the world can have an immediate impact on exchange rates and currency values all over the world, including Australia's.
While the basics of foreign currency exchange tend to stay the same day after day, year after year, every now and then something changes. And that something might affect you. It might affect your travel money and your holiday!
You’re about to go on holiday and it’s time to purchase your travel money. But when you do, you realise the exchange rate has suddenly gone down, and you wind up getting less than you expected for your holiday.