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USD to AUD - Rate Guide

United States Dollar to Australian 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.

 

USD/AUD update & alerts

1 USD = 1.4522 AUD

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USD to AUD - Trading Range (90 Day)
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USD/AUD at 1.4544 is trading near the 90-day average 1.4583 with a range 1.4252 to 1.4872. There are no current rate alerts.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

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USD/AUD Exchange Rates and Providers Compared

This guide to the United States Dollar to Australian Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and USD to AUD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our USD/AUD Quick Calculator.

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 USD/AUD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

USD to AUD International Money Transfers

  

Foreign Transfer ProvidersReceive AUD(A$)Exchange RateFee USDTotal CostDeal Links
OFX logo
A$14,406
Best Overall
1.44060^0.8%
XE logo
A$14,340
A$66 less
1.43401.25%
Wells Fargo Bank logo
A$13,955
A$451 less
1.398183.9%
HSBC logo
A$13,944
A$462 less
1.3965U$153.98%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
A$13,859
A$547 less
1.3940154.56%
Bank of America International Money Transfers
Bank of America logo
A$13,769
A$637 less
1.3908U$1005.19%
U.S. Bank International Money Transfers
U.S. Bank logo
A$13,769
A$637 less
1.3908U$1005.19%
 
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:1.4406 (0.8% from mid-rate)
To Amount (AUD) A$14,406
Total Cost:0.8%
Time:
Rate Fetched: 18:03 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:1.4340 (1.25% from mid-rate)
To Amount (AUD) A$14,340
Total Cost:1.25%
Difference:
A$66 AUD less than using OFX
Time:18:03 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:1.3980 (3.73% from mid-rate)
To Amount (AUD) A$13,955
Total Cost:3.9%
Difference:
A$451 AUD less than using OFX
Time:18:03 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:1.3965 (3.84% from mid-rate)
To Amount (AUD) A$13,944
Total Cost:3.98%
Difference:
A$462 AUD less than using OFX
Time:18:03 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:1.3880 (4.42% from mid-rate)
To Amount (AUD) A$13,859
Total Cost:4.56%
Difference:
A$547 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:1.3908 (4.23% from mid-rate)
To Amount (AUD) A$13,769
Total Cost:5.19%
Difference:
A$637 AUD less than using OFX
Time:18:03 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:1.3908 (4.23% from mid-rate)
To Amount (AUD) A$13,769
Total Cost:5.19%
Difference:
A$637 AUD less than using OFX
Time:18:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/19/2020 - 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 AUD(A$)Exchange RateFee USDTotal CostDeal Links
Banks - Average Rate Foreign Currency
A$1,257.99
Compare
1.2707U$1013.37%
 
Banks - Average Rate
Travel Money USD→AUD
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:1.2707 (12.5% from mid-rate)
To Amount (AUD) A$1,257.99
Total Cost:13.37%
Currency Services:Branch
Delivery/Collect:-
 
Snapshot 01/19/2020 - See full table

USDAUD blended flags

USD and AUD in the Markets

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

United States Dollar (USD)

The US dollar held its value in 2019 despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

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

For more USD bank forecasts and cross-rate trends read the report USD trends and forecasts.

Read more in the article USD Forecasts.

 

Australian Dollar (AUD)

The threat of proxy war between the US and Iran in Iraq has 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. In November it had been all downhill traffic for the Aussie dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end.

At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

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.

For AUD forecasts and predictions read our Australian Dollar Forecasts report.

Read more in the article AUD Forecasts.

Why can't I just get the USD/AUD 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 USD / AUD 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.

USDAUD 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 USD Exchange Rates