Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
    eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan

    Australia - Australian dollar - Currency Guide

     

    Foreign exchange guide to Australia and the Australian dollar (AUD)

         

    USD/AUD Trend (90-day)

    USD to AUD at 1.3356 has fallen 2.1% below its 90-day average, range 1.3354-1.4027.
    |
    1-DAY-1.0%
    90-DAYLOW
     

    The below interactive chart displays the USD/AUD trend and UP DOWN HIGH LOW alerts

     
    USD to AUD Currency Trend Chart

    General Currency Info - Australian dollar

    The Australian dollar is the fifth most traded currency in the world and is popular with currency traders, because of the high interest rates in Australia, the freedom of the foreign exchange market from government intervention, the stability of Australia's economy and political system, and the view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle.

    The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

    Australians are more focussed on their currency exchange rate than are the citizens of most other countries, along with perhaps the British and Canadians. This is may be due to the open and trading nature of the Australian economy and also due to their love of 'overseas' travel.

    Aussie Ups and Downs 2011-20

    The Aussie is very volatile for a major currency, for example between 2008 and 2011, AUD rose 80 per cent against the US dollar, ultimately going up through parity at one point.

    Then during 2011-12 AUD started to track the Chinese economy much more than it tracked any of the traditional domestic economic and monetary indicators.

    From 2013 to 2015 it dropped against the US dollar, especially when the Chinese stock market sold off in 2015, followed by a decent cyclical 17 per cent rally in 2016-17.

    Then from early 2018 it again began its steady way down before being king-hit by the Covid pandemic flight to safety in March of 2020 which took AUD/USD all the way back to its 2008 lows to $60 cents.

       

    AUD Forecasts and Trends

    The emergence of Evergrande and other significant roadblocks such as energy shortages in Europe and China impacting the global economic recovery throughout September prompted a shift in the underlying risk narrative, causing unfavourable conditions for commodity currencies like the AUD. AUD Outlook

    US dollar to Australian dollar - Historical Rates

    USD/AUD wasChangePeriod
    1.3722
    05 Oct 2021
    2.5% 2 Weeks
    1.3602
    21 Jul 2021
    1.6% 90 Days
    1.4176
    19 Oct 2020
    5.6% 1 Year
    1.3103
    20 Oct 2016
    2.1% 5 Years
    0.9677
    22 Oct 2011
    38.3% 10 Years
    1.9689
    24 Oct 2001
    32% 20 Years
    USD/AUD change over periods to 19-Oct-2021
     

    $10,000 USD
    =
    A$13,355 AUD

    Converted at USD/AUD interbank rate, compare Send Money and Currency Exchange exchange rates.

    USD to AUD - Quick Amounts

    Sell USD   →   Buy AUD
    USD AUD
    $ 1 A$ 1.3355
    $ 5 A$ 6.6775
    $ 10 A$ 13.36
    $ 20 A$ 26.71
    $ 50 A$ 66.78
    $ 100 A$ 133.55
    $ 250 A$ 333.88
    $ 500 A$ 667.75
    $ 1,000 A$ 1,336
    $ 2,000 A$ 2,671
    $ 5,000 A$ 6,678
    $ 10,000 A$ 13,355
    $ 20,000 A$ 26,710
    $ 50,000 A$ 66,775
    $ 100,000 A$ 133,550
    USD AUD
    $ 0.7488 A$ 1
    $ 3.7440 A$ 5
    $ 7.4880 A$ 10
    $ 14.98 A$ 20
    $ 37.44 A$ 50
    $ 74.88 A$ 100
    $ 187.20 A$ 250
    $ 374.40 A$ 500
    $ 748.80 A$ 1,000
    $ 1,498 A$ 2,000
    $ 3,744 A$ 5,000
    $ 7,488 A$ 10,000
    $ 14,976 A$ 20,000
    $ 37,440 A$ 50,000
    $ 74,880 A$ 100,000

    More amounts

     

    Frequently Asked Questions

     

    What currency should I use in Australia?

    The domestic currency in Australia is the Australian dollar.

    What is the Australian dollar currency code and symbol?

    The three letter currency code for the Australian dollar is AUD — symbol is A$.

    Which countries use the Australian dollar?

    It is the domestic currency in    Australia,   Christmas Island,   Cocos Keeling Islands,   Heard and McDonald Islands,   Kiribati,   Nauru,   Norfolk Island and Tuvalu.

    Is the Australian dollar a closed currency?

    No, the Australian dollar is freely available and convertible. See guide: What is a closed currency?

     

    Travel, Currency and Money saving tips for Australia

    Travel tips for Australia.

    The classic error first-time visitors make is trying to 'do' Australia in two or three weeks, forgetting that it's a continent as well as a country. It's far better to pick two or three areas to tackle well than attempt to tick off the highlights in one visit. Otherwise, most of the visit is spent in transit. Not only are the gaps between major cities bigger than they are in Europe or the US – there are generally far fewer small towns between them. This delineation between urban and bush is massively to Australia's credit. Once out of the city, it feels like you're in the wild.

    Australia has a Goods and Services Tax (GST) of 10 per cent. You may be able to claim a refund for the GST paid on goods if you have spent AUD$300 or more with a single business, no more than 60 days before departing Australia. Tourist Refund Scheme facilities are located in the departure area of international terminals.

    There are no limits on the amount of currency that can be brought in or out of Australia, but travellers must declare hard currency equivalent to AUD10,000 or higher. Australia is not usually considered a budget destination, in fact Sydney and Melbourne are consistently ranked as two of the world’s most expensive cities but if you're careful with your spending it’s still possible to make your money go a long way, especially when the Australian Dollar is weaker.

    Hotels and restaurants do not add service charges to your bill, and tipping is always your choice. In upmarket restaurants, it is common to tip waiters 10 percent of the bill for good service. Americans, in particular, struggle to grasp the absolutely impeccable Australian tipping system. Basically, you tip if you want to, but nobody particularly expects you to or pressures you to.

    Do I need a Visa for Australia?

    Most nationalities will need to get a visa before you travel. Beware of scam adverts claiming to help you extend a working holiday visa. Several British nationals have had their visas cancelled as a result. If you're a Singaporean national, there's good news in relation to visas which is that from January 2018 a new, long-term, multiple entry visa will be available. This will allow Singaporeans to stay for up to three months at a time over a six year period.

     

    Travel money for Australia

    Save money and time by Ordering your Australian dollar online from Travelex, you get better rates and can pick up the AUD cash locally or even on travel day at the airport.

    Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

    For card purchases if offered a choice of currencies always select to Pay in Australian dollar otherwise you may get much worst exchange rates.

     

    Send Money to Australia - Best Rates

    To get a good (and fair) exchange rate when sending money to Australia you need to find and compare exchange rates for International Money Transfers (IMTs).

    The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

    You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


    Get a better deal for foreign transfers to Australia

    When sending money to Australia it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

    1. Open an account with a BER reviewed FX provider (id docs may be required)
    2. You specify the local or Australian dollar amount you want to transfer
    3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
    4. Once your funds are received by the provider the converted AUD amount will be transfered to the recipient account you specify in Australia.

    Use the above Send to Australian dollar calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Australian dollar deposited into the recipient bank account and less margins and fees kept by the banks!

    What are the limits on Sending Money to Australia?

    There are no limits on sending money to Australia and the government allows unhindered access to foreign investors. Investments over a value of AUD244m (or over AUD1.078bn for investors from the US and New Zealand in non-sensitive sectors) must be pre-screened, but all other capital inflows are unrestricted.

    How affordable is Australia?

    The IMF’s Global Housing Watch has Australia ranked as the third least affordable place in the world to buy a house – behind only Belgium and Canada.

    What prime property does $US1m buy in Australia?

    The area (㎡) of prime property that $US1million buys in Australia's capital cities (Q1 2018) is: Sydney 49㎡, Melbourne 91㎡, Brisbane 117㎡, Perth 126㎡. This is compared to equivalent areas for Hong Kong 22㎡, New York 25㎡, London 27㎡, Singapore 37㎡, Paris 45㎡, Shanghai 50㎡, Los Angeles 58㎡, Tokyo 70㎡, Berlin 74㎡, Miami 78㎡, Mumbai 94㎡, Istanbul 110㎡, Dubai 138㎡ and San Paulo 172㎡.

    Is there extra costs for foreign citizens who buy Australian property?

    Foreign citizens who want to buy or invest in residential property in Victoria (VIC), New South Wales (NSW), Queensland (QLD), South Australia (SA) and Western Australia (WA) will need to pay a stamp duty levy and, in some states, a land tax surcharge. New South Wales recently increased the stamp duty surcharge for foreign investors to 8 percent, making it the most expensive in the country.


    Country/Currency Guides - A to Z


    A
    B
    C
    D
    E
    F
    G
    H
    I
    J
    K
    L
    M
    N
    O
    P
    Q
    R
    S
    T
    U
    V
    W
    Y
    Z