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AUD/USD - Convert Compare Save

Australian Dollar to United States Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to United States Dollar exchange rate, has news, forecasts and AUD to USD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/USD Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/USD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive USD($)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
6,701 USD
Best Overall
0.67010^0.8%
WorldFirst logo
6,721 USD
20 USD
0.672100.5%
TorFX logo
6,649 USD
52 USD
0.664901.57%
Westpac logo
6,722.53 USD
22 USD
0.6736200.48%
ANZ Bank logo
6,544.2 USD
157 USD
0.6556183.12%
BankSA International Money Transfers
BankSA logo
6,505.96 USD
195 USD
0.651920.013.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
6,505.31 USD
196 USD
0.6519213.7%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Queensland logo Bank of Melbourne logo BankSA logo
6,502 USD
199 USD
0.6515153.74%
Bank of Queensland logo
6,499.44 USD
202 USD
0.6519303.78%
National Australia Bank (nab) logo
6,453.77 USD
247 USD
0.6468224.46%
Commonwealth Bank (CBA) logo
6,401.16 USD
300 USD
0.64056 5.24%
St George Bank logo
6,386.2 USD
315 USD
0.6399205.46%
OFX (OzForex): Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:0.6701 (0.8% from mid-rate)
USD amount:6,701 USD
Total Cost:0.8%
Time:
Rate Fetched: 12:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
WorldFirst: Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:
Exchange Rate:0.6721 (0.5% from mid-rate)
USD amount:6,721 USD
Total Cost:0.5%
Difference:
20 USD more than using OFX (OzForex)
Time:12:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
TorFX: Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:0.6649 (1.57% from mid-rate)
USD amount:6,649 USD
Total Cost:1.57%
Difference:
52 USD less than using OFX (OzForex)
Time:12:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
Westpac: Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.6736 (0.28% from mid-rate)
USD amount:6,722.53 USD
Total Cost:0.48%
Difference:
22 USD more than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:0.6556 (2.95% from mid-rate)
USD amount:6,544.2 USD
Total Cost:3.12%
Difference:
157 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - Fri Aug 23 2019 10:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
BankSA: Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:0.6519 (3.49% from mid-rate)
USD amount:6,505.96 USD
Total Cost:3.69%
Difference:
195 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - 12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:0.6519 (3.49% from mid-rate)
USD amount:6,505.31 USD
Total Cost:3.7%
Difference:
196 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - 12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:0.6599 (2.31% from mid-rate)
USD amount:6,502 USD
Total Cost:3.74%
Difference:
199 USD less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of Queensland: Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:30
Exchange Rate:0.6519 (3.49% from mid-rate)
USD amount:6,499.44 USD
Total Cost:3.78%
Difference:
202 USD less than using OFX (OzForex)
Time:
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:0.6468 (4.25% from mid-rate)
USD amount:6,453.77 USD
Total Cost:4.46%
Difference:
247 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - Fri Aug 23 2019 10:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
Commonwealth Bank (CBA): Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:0.6405 (5.18% from mid-rate)
USD amount:6,401.16 USD
Total Cost:5.24%
Difference:
300 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - Fri Aug 23 2019 10:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Foreign Transfer AUD→USD
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.6399 (5.27% from mid-rate)
USD amount:6,386.2 USD
Total Cost:5.46%
Difference:
315 USD less than using OFX (OzForex)
Time:
Rate Fetched: website - 12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 08/23/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount USD($)Exchange RateFee AUDTotal CostDeal Links
Westpac logo
666.86 USD
Compare
0.6736A$101.28%
Travelex Online AU logo
656.90 USD
9.96 USD
0.6569$0 BPay, Card 0.72%-1%2.75%
Australia Post logo
651.90 USD
15 USD
0.6519$0 BPay, Card 0.72%-1%3.49%
ANZ Bank logo
649.04 USD
18 USD
0.6556A$103.92%
Travel Money Oz logo
648.60 USD
18 USD
0.6486A$03.98%
Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
644.33 USD
23 USD
0.6522104.61%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
642.12 USD
25 USD
0.6519A$154.94%
BankSA Foreign Currency
BankSA logo
642.12 USD
25 USD
0.6519A$154.94%
Commonwealth Bank (CBA) logo
640.43 USD
26 USD
0.6469A$105.19%
St George Bank logo
636.61 USD
30 USD
0.6463A$155.76%
National Australia Bank (nab) logo
633.11 USD
34 USD
0.6395106.28%
Westpac: Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:0.6736 (0.28% from mid-rate)
USD amount:666.86 USD
Total Cost:1.28%
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
Travelex Online AU: Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.6569 (2.75% from mid-rate)
USD amount:656.90 USD
Total Cost:2.75%
Time:
Rate Fetched: Fri Aug 23 2019 10:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Australia Post: Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.6519 (3.49% from mid-rate)
USD amount:651.90 USD
Total Cost:3.49%
Time:12:00 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
ANZ Bank: Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:0.6556 (2.95% from mid-rate)
USD amount:649.04 USD
Total Cost:3.92%
Time:
Rate Fetched: website - Fri Aug 23 2019 10:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
Travel Money Oz: Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:A$0 AUD (0 BPay, Credit Card 1%)
Exchange Rate:0.6486 (3.98% from mid-rate)
USD amount:648.60 USD
Total Cost:3.98%
Time:
Rate Fetched: 12:00 Local
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:0.6421 (4.94% from mid-rate)
USD amount:644.33 USD
Total Cost:4.61%
Currency Services:Branch
Delivery/Collect:-
Bank of Melbourne: Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6519 (3.49% from mid-rate)
USD amount:642.12 USD
Total Cost:4.94%
Time:
Rate Fetched: website - 12:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
BankSA: Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6519 (3.49% from mid-rate)
USD amount:642.12 USD
Total Cost:4.94%
Time:
Rate Fetched: website - 12:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Commonwealth Bank (CBA): Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:0.6469 (4.23% from mid-rate)
USD amount:640.43 USD
Total Cost:5.19%
Time:
Rate Fetched: website - Fri Aug 23 2019 10:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.6463 (4.32% from mid-rate)
USD amount:636.61 USD
Total Cost:5.76%
Time:
Rate Fetched: website - 12:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→USD
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:0.6395 (5.33% from mid-rate)
USD amount:633.11 USD
Total Cost:6.28%
Time:
Rate Fetched: website - 12:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 
Snapshot 08/23/2019 - See full table

AUD to USD interbank exchange rate = 0.6758

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/USD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD to USD Forecasts

Forecasts for the AUD/USD in 2019 are influenced by two factors; changes in the delta between interest rates in Australia and the US and also the trade war between China and the US. Banks are predicting AUD/USD to drop towards 65-66¢ - a rate that hasn't been seen since 2009.  Read more

AUDUSD blended flags

AUD and USD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs USD, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

United States Dollar (USD)

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

Taking the blame for the economic downturn is US President Donald Trump, whose trade policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD Forecasts.

Why can't I just get the AUD/USD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / USD was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

AUDUSD blended flags

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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates