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The Guardian - AU
The Guardian - AU
Business
Patrick Commins Economics editor

The value of the Australian dollar is high right now. So should you book that overseas trip?

United States Ray Attrill Australian Dollar Australia US Dollar Japan Euro
Australian 50 dollar bills being counted out
The Australian dollar has outperformed every other major currency in 2026, which has been good news for overseas travellers and shoppers. Photograph: Daniel Munoz/Reuters

In a year of extraordinary global news, and more of it bad than good, it may be surprising that the Australian dollar is proving a world beater.

The Aussie has hit some impressive milestones of late: the strongest against the US dollar in nearly two years, the highest against the euro in 10 months, and approaching the strongest in decades against the yen.

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