Australia - Australian Dollar - Currency Guide

This is a currency guide to Australia, the Australian Dollar currency plus sending (AUD) transfers and travel tips for Australia.

 
 
CountryAustralia
FlagAustralia
Country CodeAU
Domestic Currency Australian Dollar
Currency SymbolA$
Currency CodeAUD
Exchange RateUSD/AUD = 1.6236
Telephone Prefix+61

Quick Conversions from US Dollar to Australian Dollar

USD

AUD

U$ 1
A$ 1.6236
U$ 5
A$ 8.1180
U$ 10
A$ 16.24
U$ 20
A$ 32.47
U$ 50
A$ 81.18
U$ 100
A$ 162.36
U$ 250
A$ 405.90
U$ 500
A$ 811.80
U$ 1,000
A$ 1,624
U$ 2,000
A$ 3,247
U$ 5,000
A$ 8,118
U$ 10,000
A$ 16,236
U$ 50,000
A$ 81,180
U$ 100,000
A$ 162,360
More amounts

USD

AUD

U$ 0.6159
A$ 1
U$ 3.0795
A$ 5
U$ 6.1590
A$ 10
U$ 12.32
A$ 20
U$ 30.80
A$ 50
U$ 61.59
A$ 100
U$ 153.98
A$ 250
U$ 307.95
A$ 500
U$ 615.90
A$ 1,000
U$ 1,232
A$ 2,000
U$ 3,080
A$ 5,000
U$ 6,159
A$ 10,000
U$ 30,795
A$ 50,000
U$ 61,590
A$ 100,000
More amounts

To calculate specific USD/AUD amounts use our Convert USD to AUD quick calculator. To read more about the latest exchange rate trends and to compare FX provider rates view USD to AUD Rate Guide.

Australia Currency Info

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".


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$.

How much is U$100 US Dollars in Australian Dollars?

U$ 100 converts to A$ 162.36

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?


Australian Dollar (AUD) in the markets

The Australian dollar has been savaged in March sliding to US55 cents the lowest since 2003. Growing fears of the coronavirus outbreak has 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 details read the full article Australian Dollar Forecasts.

The interactive chart below shows the USD to AUD exchange rate and trend for the previous 3 months:

ALERT:1-DAY0.6% 🔔|
USD/AUD at 1.6311 was trading 7.9% above AVG:1.511 with LO:1.4252 and HI:1.7432 (90 days). ALERT: USD/AUD has reversed trend and is UP 0.6%
29-MAR 7PM-NY 30-MAR 12AM-LON 7AM-HK 10AM-SYD
Booking.com

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 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.

 
Travel Money Provider Amount AUD(A$) Exchange RateFee USDDeal Links
Travelex Online US logo
A$1,444.6
10.94%
Best Overall
1.44460^
U.S. Bank Foreign Currency
U.S. Bank logo
A$1,401.3
13.61%
A$43 less
1.40130
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
A$1,387
14.47%
A$58 less
1.4013U$10
Wells Fargo Bank logo
A$1,373.27
15.33%
A$71 less
1.4013U$20
 
Travelex Online US logo
Travelex Online US: Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.4446 (10.94% from mid-rate)
To Amount (AUD) A$1,444.6
Total Cost:10.94%
Time:
Rate Fetched: Sun Mar 29 2020 18:00:04 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
U.S. Bank: Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:1.4013 (13.61% from mid-rate)
To Amount (AUD) A$1,401.3
Total Cost:13.61%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:1.4193 (12.5% from mid-rate)
To Amount (AUD) A$1,387
Total Cost:14.47%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:1.4013 (13.61% from mid-rate)
To Amount (AUD) A$1,373.27
Total Cost:15.33%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 03/29/2020 - View latest rates

Australia Trip Checklist    

 
  1. Compare AUD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Australia
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Australia

When searching around for information on how to get a good exchange rate when sending money to Australia 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).

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.


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 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$16,090
0.8%
Best Overall
1.6090^
XE logo
A$16,017
1.25%
A$73 less
1.60170
Wells Fargo Bank logo
A$15,585
3.91%
A$505 less
1.561318
HSBC logo
A$15,574
3.98%
A$516 less
1.5597U$15
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
A$15,479
4.57%
A$611 less
1.557015
Bank of America International Money Transfers
Bank of America logo
A$15,379
5.18%
A$711 less
1.5534U$100
U.S. Bank International Money Transfers
U.S. Bank logo
A$15,379
5.18%
A$711 less
1.5534U$100
 
OFX logo
OFX: Foreign Transfer USD→AUD
From Amount (USD)U$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:1.6090 (0.8% from mid-rate)
To Amount (AUD) A$16,090
Total Cost:0.8%
Time:
Rate Fetched: 18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer USD→AUD
From Amount (USD)U$10,000
Fee:
Exchange Rate:1.6017 (1.25% from mid-rate)
To Amount (AUD) A$16,017
Total Cost:1.25%
Difference:
A$73 AUD less than using OFX
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→AUD
From Amount (USD)U$10,000
Fee:18
Exchange Rate:1.5613 (3.74% from mid-rate)
To Amount (AUD) A$15,585
Total Cost:3.91%
Difference:
A$505 AUD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→AUD
From Amount (USD)U$10,000
Fee:U$15 USD (.15%)
Exchange Rate:1.5597 (3.84% from mid-rate)
To Amount (AUD) A$15,574
Total Cost:3.98%
Difference:
A$516 AUD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→AUD
From Amount (USD)U$10,000
Fee:15
Exchange Rate:1.5502 (4.43% from mid-rate)
To Amount (AUD) A$15,479
Total Cost:4.57%
Difference:
A$611 AUD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of America logo
Bank of America: Foreign Transfer USD→AUD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:1.5534 (4.23% from mid-rate)
To Amount (AUD) A$15,379
Total Cost:5.18%
Difference:
A$711 AUD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→AUD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:1.5534 (4.23% from mid-rate)
To Amount (AUD) A$15,379
Total Cost:5.18%
Difference:
A$711 AUD less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 03/29/2020 - View latest rates

Australian Dollar to US Dollar - Historical Rates

PeriodChange*AUD/USDDate
1 Day+1.4%0.607826 Mar 2020
7 Day+6.4%0.579320 Mar 2020
30 Day-5.8%0.654726 Feb 2020
3 Month-11.7%0.698328 Dec 2019
1 Year-13%0.708328 Mar 2019
5 Year-20.3%0.773929 Mar 2015
10 Year-32.9%0.918930 Mar 2010

*For period to 27-Mar 21UTC when AUD/USD was 0.6165

Australian Dollar to Euro - Historical Rates

PeriodChange*AUD/EURDate
1 Day+0.3%0.550226 Mar 2020
7 Day+2.6%0.538320 Mar 2020
30 Day-8.2%0.601426 Feb 2020
3 Month-11.6%0.624928 Dec 2019
1 Year-12.5%0.630728 Mar 2019
5 Year-22.3%0.710829 Mar 2015
10 Year-19.4%0.684630 Mar 2010

*For period to 27-Mar 21UTC when AUD/EUR was 0.5521

Australian Dollar to Pound Sterling - 10 Year History

PeriodChange*AUD/GBPDate
1 Day-0.7%0.498426 Mar 2020
7 Day-0.5%0.497320 Mar 2020
30 Day-2.4%0.507326 Feb 2020
3 Month-7.3%0.533828 Dec 2019
1 Year-8.8%0.542628 Mar 2019
5 Year-4.8%0.519629 Mar 2015
10 Year-18.8%0.609330 Mar 2010

*For period to 27-Mar 21UTC when AUD/GBP was 0.4949


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