In accordance with paragraph 5.36(1A)(a) of the Migration Regulations 1994, the Department of Home Affairs can specify the exchange rate for the currency in which the amount is to be paid payment of Visa Application Charge (VAC) and fees in foreign currencies.
Reg 5.36 states:
“Payment of visa application charges, and fees, in foreign currencies
(1A) The amount of the payment is to be worked out as follows:
(a) if the currency in which the amount is to be paid is specified by the Minister in an
instrument in writing for this paragraph, use the exchange rate for the currency
specified in the notice;”
In this regard, the Department has specified exchange rates for the payment of Visa Application Charge (VAC) and fees in foreign currencies vide the Migration (LIN 20/003: Payment of Visa Application Charges and Fees in Foreign Currencies) Instrument 2020 [“the Instrument”] dated 16 June 2020, commencing on 01 July 2020. The Department’s biannual update provides a list of 46
currencies and the applicable exchange rates in relation to the Australian Dollar (AUD) for the purpose of this Instrument.
Some of the currencies and exchange rates for the payment of fees specified are:
|United Arab Emirates Dirham||0.41205|
|Chinese Renminbi Yuan||0.21403|
|Hong Kong Dollar||0.19523|
|New Zealand Dollar||0.90902|
|South African Rand||0.08146|
You can access the full text of the Instrument here.
If you are looking to migrate to Australia, Get In Touch with us or call us on (02) 4626 100 to speak to one of our Registered Migration Agents in Sydney to discuss your visa options and a complete pathway for your residency.