AUD to BTC mid-rate = 0.000199
Right now the AUD/BTC market mid-rate is 0.000199 and represents ideally how many Bitcoin you can get for one Australian Dollar.
You can calculate equivalent Australian Dollar to Bitcoin currency amounts (at mid-rate) below.
AUD / BTC Converter
0.000199 Bitcoin
WorldRemit
Australian Dollar to Bitcoin (AUD-BTC) - 10 Year History
The below table shows the historic variation in the AUD/BTC exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.
| Date | Exchange Rate | Period | Change |
|---|---|---|---|
| 21 Jan 2019 | 0.000202 | Latest | |
| 14 Jan 2019 | 0.000196 | 1 Week | +3.06% |
| 22 Dec 2018 | 0.000176 | 1 Month | +14.77% |
| 25 Jul 2018 | 0.000091 | 6 Months | +121.98% |
| 21 Jan 2018 | 0.000070 | 1 Year | +188.57% |
| 21 Jan 2017 | 0.000821 | 2 Years | -75.4% |
| 22 Jan 2014 | 0.001023 | 5 Years | -80.25% |
Best Rates for AUD/BTC Transfers and Travel Money
The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.
Why can't I just get the AUD/BTC market rate I see on Google or in the Media?
The AUD/BTC mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / BTC was traded (bought or sold) in the international markets.
Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
The closer your final exchange rate is to the market AUD/BTC midrate the better deal you are getting.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
The three things you need in order to get a good AUD to BTC exchange rate
- Know the latest AUD/BTC market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions. - Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency news and forecasts for Australian Dollar and Bitcoin
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the AUD vs BTC, you should pay attention to both Australian Dollar and Bitcoin news and forecasts.
Australian Dollar (AUD) - Market news and forecasts
17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.
By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.
Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.
One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”
In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.
Bitcoin (BTC) - Market news and forecasts
28-Dec-18: 2018 was the year that the bitcoin dream came crashing down. The bubble that many had suspected was building in 2017 was realised and bitcoin went on to lose roughly 80 percent of its value. In December ’18, bitcoin averaged only $3,600.
Obstacles to cryptocurrency success in 2018 included regulatory crackdowns, social media advertising bans and a debunking of the “store of value” myth. When all is said and done, though, what matters is that bitcoin has failed to gain broad acceptance beyond a crowd of tech enthusiasts.
For 2019, pessimism prevailed at the time of writing, at least for the first half of the year.
Bloomberg Intelligence’s Mike McGlone said in December there was “little to prevent bitcoin from reaching the continuous mean of $1,500.”
Motley Fool contributors argued against bitcoin ownership on the grounds that it offered poor value relative to equities, which now trade at a discount thanks to big third-quarter '18 falls.
An LMAX Exchange analyst predicted “a continuation of weakness in the first half of the year,” which might see bitcoin fall below $2,000, before the market rallies into year-end to settle between $5,000 and $8,000.
