Two currencies for popular travel destinations are at some of the best rates we’ve seen in a while, and we’re here to break it down for you.

Disclaimer: We’re using mid-market rates to keep it consistent with historical data for this story, which are different from the retail rates available to travellers!

South Korea

The Aussie Dollar to South Korea Won pairing reached a nine-month high in March, and is still holding strong – making it a great time to exchange for any Australians heading to South Korea in the future. 

Say you want to budget about $1000 Aussie dollars as spending money for a week-long holiday to Seoul – you want to visit Gyeongbokgung Palace and rent a traditional hanbok for a day, scale up N Seoul Tower, eat your weight in bibimbap and tteokbokki, attend a K-Pop concert, and shop ‘til you drop for all that Korean skincare. 

Just a couple months ago on January 14th when the AUD to KRW pairing was at a low of 1AUD = 881KRW, you would only have gotten 881,000 KRW to spend on holiday.

But if you exchanged on March 19th when the AUD to KRW exchange rate was at a 9-month high of 1AUD = 926KRW, you’d be getting 926,000 to spend on holiday.

That’s a difference of 45,000 Korean Won – or roughly $50 Aussie bucks!

Exchange AUD to KRW

Bali

The Aussie Dollar to Indonesia pairing also reached a high in March, the best rate we’ve seen in five months, making it perfect for anyone heading off to Bali over the upcoming school holidays.

Let’s take the same budget of $1000 Aussie dollars for consistency’s sake: 

January also saw a low for the pairing, with 1 Aussie Dollar buying 9,945 Indonesian Rupiah on January 11th – meaning you’d get 9,945,000 IDR if you exchanged back then.

But if you exchanged on March 18th when the 1 AUD bought 10,495 IDR, you’d have gotten 10,495,000.

That’s a difference of 550,000 Rupiah – roughly worth just over $50 Aussie bucks!

Exchange AUD to IDR

So... the moral of the story is that it pays to keep an eye on the exchange rate, and right now, it’s a great time to exchange currency for Bali and South Korea.

*Rates based on the mid-market rates sourced from xe.com as of 19 March, 2025.

First published March 19, 2025.
 

_Disclaimers

_{*Rates and calculations using mid-market rate from xe.com at 1pm AEST 15 March 2025- subject to change. The rates used in the calculations are based on market rate for consistency across historical data, not retail rates available to the public. Retail rates are subject to change, and online rates are not available in store. This blog is provided for information only and does not take into consideration your objectives, financial situation or needs.  You should consider whether the information and suggestions contained in any blog entry are appropriate for you, having regard to your own objectives, financial situation and needs.  While we take reasonable care in providing the blog, we give no warranties or representations that it is complete or accurate, or is appropriate for you.  We are not liable for any loss caused, whether due to negligence or otherwise, arising from use of, or reliance on, the information and/or suggestions contained in this blog.}