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Nauru - Australian Dollar - Currency Guide

 

Foreign exchange guide to Nauru and the Australian Dollar (AUD)

   

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".

   

AUD News, Forecasts and Trends

The Australian dollar staged a rapid recovery in April but, according to TD Securities, AUD overpriced and see a drop back to 62cents in the short term.

The Aussie had been savaged in March sliding to US55 cents the lowest since 2003. Growing fears of the coronavirus outbreak moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The virus was a double blow to the Aussie after the earlier threat of proxy war between the US and Iran in Iraq had also pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely.

For more AUD currency market forecasts you can read the full article Australian Dollar Forecasts. The below interactive chart shows the USD to AUD exchange rate, trend and recent alerts for the last 90 days.

   
Recent USD to AUD 90-day trend
 
ALERT:1-DAY0.5% |
USD/AUD at 1.5105 was trading 3.6% below AVG:1.5671 with LO:1.4842 and HI:1.7432 (90 days). ALERT: Today USD/AUD is UP 0.5%

US Dollar to Australian Dollar - Historical Rates

USD/AUDPeriod to 27-MayDateRate
0.5% ▼1 Week20 May 20201.5171
2.6% ▼30 Days27 Apr 20201.5506
0.7% ▼90 Days27 Feb 20201.5197
4.6% ▲1 Year28 May 20191.4440
15.4% ▲5 Years29 May 20151.3082
28.2% ▲10 Years30 May 20101.1778
USD/AUD 10 year rates & changes to 27-May-2020 (1.5098)

US Dollar to Australian Dollar - Quick Conversions

USD AUD
U$ 1 A$ 1.5107
U$ 5 A$ 7.5535
U$ 10 A$ 15.11
U$ 20 A$ 30.21
U$ 50 A$ 75.54
U$ 100 A$ 151.07
U$ 250 A$ 377.68
U$ 500 A$ 755.35
U$ 1,000 A$ 1,511
U$ 2,000 A$ 3,021
U$ 5,000 A$ 7,554
U$ 10,000 A$ 15,107
U$ 50,000 A$ 75,535
U$ 100,000 A$ 151,070
More amounts
USD AUD
U$ 0.6620 A$ 1
U$ 3.3100 A$ 5
U$ 6.6200 A$ 10
U$ 13.24 A$ 20
U$ 33.10 A$ 50
U$ 66.20 A$ 100
U$ 165.50 A$ 250
U$ 331.00 A$ 500
U$ 662.00 A$ 1,000
U$ 1,324 A$ 2,000
U$ 3,310 A$ 5,000
U$ 6,620 A$ 10,000
U$ 33,100 A$ 50,000
U$ 66,200 A$ 100,000
More amounts

Frequently Asked Questions

 

What currency should I use in Nauru?

The domestic currency in Nauru 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 Nauru

Travel money for Nauru

Save money and time by Ordering your Australian Dollars 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 Dollars otherwise you may get much worst exchange rates.

 
 

USD to AUD - Travel Money & Cards

Provider Amount AUD(A$) Exchange RateFee USDDeal Links
Travelex Online logo
A$1,319.2
0%
Best Overall
1.31920^
U.S. Bank Foreign Cash
U.S. Bank logo
A$1,414.3
0%
A$95 more
1.41430
Wells Fargo Bank logo
A$1,386.01
0%
A$67 more
1.4143U$20
A$1,495.78
0%
A$177 more
1.5033U$5.00
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
A$1,400
0%
A$81 more
1.414315
 
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Travelex Online: Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.3192 (-12.69% from mid-rate)
To Amount (AUD) A$1,319.2
Total Cost:0%
Time:
Rate Fetched: Wed May 27 2020 23:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
U.S. Bank logo
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U.S. Bank: Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:1.4143 (-6.39% from mid-rate)
To Amount (AUD) A$1,414.3
Total Cost:0%
Time:23:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Wells Fargo Bank logo
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Wells Fargo Bank: Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:1.4143 (-6.39% from mid-rate)
To Amount (AUD) A$1,386.01
Total Cost:0%
Time:23:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
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TransferWise: Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:U$5.00 USD (0.5% + U$1)
Exchange Rate:1.5033 (-0.5% from mid-rate)
To Amount (AUD) A$1,495.78
Total Cost:0%
Time:23:29 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Reviews:
 
Banks - Average Rate
loading
Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:15
Exchange Rate:1.3220 (-12.5% from mid-rate)
To Amount (AUD) A$1,400
Total Cost:0%
Currency Services:Branch
Delivery/Collect:-
 
loading
Snapshot 05/27/2020 - View live rates

Sending money to Nauru

When searching around for information on how to get a good exchange rate when sending money to Nauru you need to start with finding out the latest Australian Dollar foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Nauru

When sending money to Nauru 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 Nauru.

Use our Send to Australian Dollars 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 Dollars deposited into the recipient bank account and less margins and fees kept by the banks!

 

USD to AUD International Money Transfers

Foreign Transfer Provider Receive AUD(A$) Exchange RateFee USDDeal Links
OFX logo
A$1,498.8
0%
Best Overall
1.49880^
XE logo
A$1,488.2
0%
A$11 less
1.48820
U.S. Bank International Money Transfers
U.S. Bank logo
A$1,452
0%
A$47 less
1.4520
Bank of America International Money Transfers
Bank of America logo
A$1,430.22
0%
A$69 less
1.452U$15
HSBC logo
A$1,455.71
0%
A$43 less
1.4579U$1.50
Wells Fargo Bank logo
A$1,430.21
0%
A$69 less
1.4594U$20
Banks - Average Rate
U.S. Bank logo Bank of America logo HSBC logo Wells Fargo Bank logo
A$1,442
0%
A$57 less
1.455315
 
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OFX: Foreign Transfer USD→AUD
From Amount (USD)U$1,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.4988 (0.8% from mid-rate)
To Amount (AUD) A$1,498.8
Total Cost:0%
Time:
Rate Fetched: 23:29 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
loading
XE: Foreign Transfer USD→AUD
From Amount (USD)U$1,000
Fee:
Exchange Rate:1.4882 (1.5% from mid-rate)
To Amount (AUD) A$1,488.2
Total Cost:0%
Difference:
A$11 AUD less than using OFX
Time:23:29 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
U.S. Bank logo
loading
U.S. Bank: Foreign Transfer USD→AUD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:1.4520 (3.9% from mid-rate)
To Amount (AUD) A$1,452
Total Cost:0%
Difference:
A$47 AUD less than using OFX
Time:23:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of America logo
loading
Bank of America: Foreign Transfer USD→AUD
From Amount (USD)U$1,000
Fee:U$15 USD (Minimum fee)
Exchange Rate:1.4520 (3.9% from mid-rate)
To Amount (AUD) A$1,430.22
Total Cost:0%
Difference:
A$69 AUD less than using OFX
Time:23:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
loading
HSBC: Foreign Transfer USD→AUD
From Amount (USD)U$1,000
Fee:U$1.50 USD (.15%)
Exchange Rate:1.4579 (3.51% from mid-rate)
To Amount (AUD) A$1,455.71
Total Cost:0%
Difference:
A$43 AUD less than using OFX
Time:23:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Wells Fargo Bank logo
loading
Wells Fargo Bank: Foreign Transfer USD→AUD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:1.4594 (3.41% from mid-rate)
To Amount (AUD) A$1,430.21
Total Cost:0%
Difference:
A$69 AUD less than using OFX
Time:23:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
loading
Foreign Transfer USD→AUD
From Amount (USD)U$1,000
Fee:15
Exchange Rate:1.4490 (4.1% from mid-rate)
To Amount (AUD) A$1,442
Total Cost:0%
Difference:
A$57 AUD less than using OFX
Transfer Speed:
Services:
 
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Snapshot 05/27/2020 - View live rates

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