Official exchange rate LCU per US$, period average

Today, the Reserve Bank of Australia maintains discretionary power and may intervene in the foreign exchange markets, although it does so infrequently. Celebrated international money transfer service connecting our customers when it matters most. Best-in-class global payments provider for people and businesses for over 17 years. Dunbridge Financial offers competitive exchange rates and zero fees on transfers to more than 120 countries. Use the currency transfer calculator below to compare exchange rates and fees for sending USD to Australia.

Furthermore, concerns over instability surrounding a Fed rate hike, and a strengthening USD, will likely add to the downward pressure on the value of the AUD. The information on this website does not take into account the investment objectives, financial situation and needs of any particular person. 20+ global offices in the UK, Europe, US and South Africa.

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Check live rates, send money securely, set rate alerts, receive notifications and more. XE has fast transfers with low fees and a range of foreign currency tools. We give you the real rate, independently provided by Reuters. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. Our currency rankings show that the most popular Australian Dollar exchange rate is the AUD to USD rate.

It looks like you’re on the correct page to compare exchange rates for USD to AUD. It looks like XE Money Transfer have a higher rate. To compare, please enter the amount in USD on the box beside “I want to send” then click Calculate. You’ll then be able to compare which company offers the higher conversion.

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Handling $84 billion AUD across 190 countries in 55 currencies, our dedicated team are available 24/5. Click on the dropdown to select AUD in the first dropdown as the currency that you want to convert and USD in the second drop down as the currency you want to convert to. We use two factor authentication to protect your account. With our tiered pricing for large amounts, you get a lower fee on any transfers over 100,000 GBP. Wise takes the stress out of sending large amounts of money abroad — helping you save for the important things.

Revolut offers 10 zero-fee international transfers a month, amazing exchange rates, and transfers within 30 minutes. OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies. These are the average exchange rates of these two currencies for the last 30 and 90 days. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services.

Effective June 24, 2019, the Federal Reserve Board staff will make a change to the indexation of the daily Broad, AFE, and EME dollar indexes. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier avatrade review requirements. Full and unlimited access to CEIC data for multiple users. Available via annual subscription to one or more of CEIC’s global and premium databases. Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

On 7 September, the Australian dollar fell to 0.69 USD per AUD, bringing the exchange rate to levels not seen since 2009. The figure marked a 25.9% annual deterioration and a 6.0% weakening from the same day last month. Since 7 September, the currency has levelled off and has stabilized around the 0.71 USD per AUD mark.

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Sign Up NowGet this delivered to your inbox, and more info about our products and services. History of daily rates USD /AUD since Friday, 2 July 2021. Entry level access to the CEIC platform for individual users. Includes 318 key indicators for Australia, curated by CEIC analysts.

Read the daily USD update from the currency specialists at OFX and get the latest on market movements and today’s expected ranges of the major currency pairs. We’ll send you the exchange rate, best deal, and other helpful tips. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods.

FXcompared does not include the entire universe of available international money transfer companies. Get bank-beating foreign currency exchange rates with OFX. The Australian dollar is the official currency of Australia, replacing its original currency, the Australian pound. The pound was in circulation until 1966, when the Australian dollar was introduced and pegged to the US dollar with an official exchange rate of AUD to USD US$1.12. When the USD officially switched to a floating exchange rate regime in 1971, the AUD was temporarily linked to the sterling pound, then switched back to the USD by the end of the year. In December 1983, the AUD became a free-floating currency with all foreign exchange controls removed.

Opinions expressed therein are solely those of the reviewer. The information presented in the review is accurate as of the date of the review. Check with the providers directly for the most current information. FXcompared does the research to help you compare international money transfer providers from around the globe. Banks and other transfer services have a dirty little secret. They add hidden markups to their exchange rates – charging you more without your knowledge.

With a weakening American economy, the Australian dollar began to gain, due in part to a multi-decade commodity boom and an interest rate differential that favored the AUD. During this time, the Australian dollar gained significant ground against the USD, with investors spooked by high US debt levels and sluggish growth. Exchange rates update frequently and the pricing shown cfd spread in the comparison tables is indicative only and based on a first time transfer for a new customer signing up via FXcompared. The pricing does not reflect any special rates individual customers may be offered by a provider, either on sign up or rates for any repeat transfers. FXcompared is not an FX trading platform and should not be used to inform any FX trading decisions.

The data reached an all-time high of 1.994 in Apr 2001 and a record low of 0.673 in Mar 1974. The Westpac-Melbourne Institute consumer sentiment index decreased to 83.8 in July from 86.4 in June, marking the lowest reading since August 2020. Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. The depreciation of Australia’s terms of trade since the beginning of the year does not show any signs of abating. The Chinese economy is enduring structural problems that are limiting growth and thereby reducing demand for Australian exports.

Our currency converter will show you the current AUD to USD rate and how it’s changed over the past day, week or month. You always get the best exchange rate with Wise, whether you send, spend, or convert money in dozens of currencies. The worst day to change US dollars in Australian dollars was the Monday, 5 July 2021. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate.

Conversion from Australian dollar to United States dollar can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Additionally, the currency calculator shows the closing rate of the previous day as well as the highest and lowest rates of the conversion Australian dollar – United States dollar. The results are displayed in a clearly arranged table. In addition to the Australian dollar – United States dollar rate, the Markets Insider currency calculator also offers other exchange rates for about 160 international currencies. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers.

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Includes Exchange Rate against USD on 114 economies standardised by CEIC. Provide your visitors with the highest quality real-time data easily. The value of the AUD has been steadily declining over the past year, and has roughly been in line with the winding down of commodity prices that began in mid-2014. Indeed, the devaluation of the currency has been welcomed by the Reserve Bank of Australia, which had called for a weaker dollar in order to stimulate growth as the economy slowed. The US dollar is heading in the opposite direction for the next several years, analysts predict.

You have currently selected the base currency Australian dollar and the target currency United States dollar with an amount of 1 Australian dollar. In the menu, you can select the desired exchange rates of about 160 international currencies from the two lists. Additionally, the currency calculator allows you to calculate historical exchange rates in addition to the current rate. The results are displayed in a table with the closing rate of the previous day, the opening rate as well as the lowest and highest rates of the respective date. Quickly and easily calculate foreign exchange rates with this free currency converter.

Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. The USD has historically been the stronger of the two currencies. However, as the effects of the 2008 global recession and subprime mortgage crisis spread throughout the United States economy, US markets faltered and the dollar’s value slipped.

Australia’s national currency is the Australian dollar which comes in polymer notes of $5, $10, $20, $50 and $100. Coins are in 5, 10, 20 and 50 cent denominations as well as $1 and $2 denominations. Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page. The euro could pull back further to fall between $0.95 to $0.97 against the dollar, a range of analysts said.

Most see an improving US economy that will gain steam in the coming years. The US dollar’s value is expected to continue climbing against most of the world’s currencies, including the AUD. OFX is strategically positioned across Australia, USA, UK, Canada, New Zealand, Hong Kong, we bring global expertise to local businesses and communities worldwide. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. When you contact your bank before traveling, ask if they partner with any banks in Australia that will allow you to use their ATMs without a charge.

US Dollar to Australian Dollar stats

The best day to change US dollars in Australian dollars was the Wednesday, 13 July 2022. At that time the currency had reached its highest value. Australia Exchange Rate against USD averaged 1.423 (AUD/USD) in Jun 2022, compared with 1.420 AUD/USD in the previous month.

Because our content is not financial advice, we suggest talking with a professional before you make any decision. Learn more about how to find the best exchange rate for USD/KRW. Learn more about how to find the best exchange rate for USD/GBP. Learn more about how to find the best exchange define dow jones industrial average rate for USD/AED. Increase business efficiency with zero transaction fees and same-day transfers. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

FXcompared.com is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended. FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FXcompared is an independent, advertising-supported comparison service.

It was introduced in 1966 to replace the Australian pound, and plastic money replaced paper notes in 1988. Aside from being known as dollars, bucks and dough, the Australian dollar was once known as the Pacific peso. WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups. SPECIAL OFFER ✓ Use the code ‘4FREEFINDER’ to get 4 free transfers if you are a first time user. In the first quarter of 2015, the Reserve Bank of Australia announced that it would hold interest rates steady. Join more than 6 million people who get a better deal when they send money with Wise.