The exchange rate is the value of foreign currency relative to our own (Australian dollars, or AUD). When you make an international money transfer from AUD to another currency, your dollars need to be converted into the foreign currency and calculated at the exchange rate listed by your provider at the time the transaction is performed. Depending on your provider and how much money you plan to send, the exchange rate will differ – not to mention this rate will be wildly different depending on the foreign currency itself.