What's in this AUD to USD exchange rate review?
Australian Dollar to US Dollar - Quick Conversions
|A$ 1||U$ 0.7172|
|A$ 5||U$ 3.5860|
|A$ 10||U$ 7.1720|
|A$ 20||U$ 14.34|
|A$ 50||U$ 35.86|
|A$ 100||U$ 71.72|
|A$ 250||U$ 179.30|
|A$ 500||U$ 358.60|
|A$ 1,000||U$ 717.20|
|A$ 2,000||U$ 1,434|
|A$ 5,000||U$ 3,586|
|A$ 10,000||U$ 7,172|
|A$ 50,000||U$ 35,860|
|A$ 100,000||U$ 71,720|
To calculate other AUD/USD amounts try our home-page Convert AUD to USD quick converter.
Comparing Retail Exchange Rates
The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.
Country Guides - US Dollar
|United States (USD)||East Timor (USD)||Ecuador (USD)|
|El Salvador (USD)||British Virgin Islands (USD)||US Virgin Islands (USD)|
|Caribbean Netherlands (USD)||Turks and Caicos Islands (USD)|
Australian Dollar - US Dollar Forecasting
National Australia Bank (NAB) have revised upwards their Aussie dollar forecasts now expecting the AUD/USD rate at US80c by June 2022, up from their previous forecast of US75c.
For 2020, NAB sees the Australian dollar at US74c by year-end, up from a predicted US72c.
The bleak outlook in the US has added downward pressure on the world’s base currency and helped consolidate the Aussie dollars’ upturn. Although the Australian dollar has recently edged through the key 0.72 handle, a sustained move above this level has been hard to come by. Further uncertainty in the US could push the AUD through 0.72 US cents. August Currency Update
Read more about FX Broker and Bank analysts' predictions for AUD to USD future trends in our blog article AUD to USD Broker & Bank Forecasts.
How to get Best AUD to USD Exchange Rates
All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).
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.
What is a good AUD to USD exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Australian Dollar vs US Dollar current value is to look the AUD/USD historic rate and change over a range of periods.
The following table looks at the change in the AUD to USD exchange rate over periods from the previous week back to the last 10 years.
|07 Aug 2020 : 0.7157||0.2% ▲||1 Week|
|15 Jul 2020 : 0.7008||2.3% ▲||30 Days|
|16 May 2020 : 0.6415||11.8% ▲||90 Days|
|15 Aug 2019 : 0.6772||5.9% ▲||1 Year|
|16 Aug 2015 : 0.7376||2.8% ▼||5 Years|
|17 Aug 2010 : 0.9050||20.8% ▼||10 Years|
AUD/USD 10 year historic rates & change to 14-Aug-2020 : 0.7171
When is the best time to exchange AUD to USD?
Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.
Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.