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  1. Exchange Rates
  2. U.S. dollar (USD)
  3. Australian dollar (AUD)

Convert USD to AUD at Best Exchange Rates

1 U.S. dollar equals
Australian dollar 1USD=AUD

There are three simple steps you need to take in order to get a good USD-AUD exchange rate:

  1. Know the latest USD to AUD market mid-rate shown above - this is your starting point!
  2. Compare your Bank's exchange rates to several licensed FX providers, remember to compare both 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.
  3. Review up-to-date Currency News and Forecasts for both the U.S. dollar and Australian dollar currencies, if available.

1. Market USD/AUD mid-rate

Right now the USD/AUD market rate is and represents how many Australian dollar you can get for one U.S. dollar.

Calculate equivalent currency amounts with this USD to AUD currency converter then select the transaction type to compare the best exchange rates available.


Currency Converter USD to AUD

$
$
1 USD equals
AUD 1USD=AUD

See how much you can save on exchange rates for :

Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
1 Week USD/AUD Chart
USD-AUD 1 Week chart

U.S. dollar to Australian dollar (USD-AUD) - 10 Year History

DateExchange RatePeriodChange
20 Jun 20181.3542Latest
13 Jun 20181.32111 Week+2.51%
21 May 20181.31901 Month+2.67%
22 Dec 20171.29586 Months+4.51%
20 Jun 20171.32001 Year+2.59%
20 Jun 20161.34112 Years+0.98%
21 Jun 20131.08435 Years+24.89%
22 Jun 20081.048210 Years+29.19%

The USD/AUD 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 USD / AUD was traded (bought or sold) in the international markets.

The closer your final exchange rate is to the market / midrate the better deal you are getting.

2. Transaction Costs - Margins and Fees for USD/AUD Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

USD to AUD Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from USD to AUD.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending USD 10,000 to AUD

OFX logo OFX (prev. USForex)
1USD=1.3525AUD
$13,525 AUD (0.52%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: $13,525 AUD
Exchange Rate: 1.3525
(Inverse 1AUD=USD 0.7394)
Fees: USD 0
Total Cost : 0.52% (from mid-rate: 1.3596)
This is the amount of money that could be received by your transfer at rate USD/AUD=1.3525 and inclusive of the fee of USD 0.
Rate timestamp : Thu Jun 21 2018 06:03:20 GMT+0000 (UTC)
Bank Rates - Average
1USD=1.3121AUD
$13,101 AUD (3.64%)
This is the average USD to AUD International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: $13,101 AUD
Exchange Rate: 1.3121
(Inverse 1AUD=USD 0.7621)
Fees: USD 15
Total Cost : 3.64% (from mid-rate: 1.3596)
Receive AUD $424 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate USD/AUD=1.3121 and inclusive of the fee of USD 15.

Travel Money USD to AUD - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money Exchange Rates Compared

Buying AUD Cash with USD 1,000

Travelex Online logo Travelex Online
1USD=1.1911AUD
$1191.10 AUD (12.39%)
Free Home Delivery when you Buy Online Travel Money & Cards with $0 commission and great exchange rates only available from Travelex Online. Zero cost for Home Delivery or pickup your foreign cash at your local Travelex store or at the airport on departure day. * Home deliveries can only be made to the registered billing address of your chosen payment method.
Price Details
Receive: $1191.10 AUD
Exchange Rate: 1.1911
(Inverse 1AUD=USD 0.8396)
Fees: USD 0
Total Cost : 12.39% (from mid-rate: 1.3596)
Amount of money that could be received by your currency exchange at rate USD/AUD=1.1911 and inclusive of the fee of USD 0.
Rate timestamp : Thu Jun 21 2018 06:00:04 GMT+0000 (UTC)
Bank Rates - Average
1USD=1.1896AUD
$1177.70 AUD (13.38%)
This is the average USD to AUD Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: $1177.70 AUD
Exchange Rate: 1.1896
(Inverse 1AUD=USD 0.8406)
Fees: USD 10 (1%)
Total Cost : 13.38% (from mid-rate: 1.3596)
Receive AUD $13 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate USD/AUD=1.1896 and inclusive of the fee of USD 10 (1%).

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 comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same USD/AUD market rate I see on Google or in the Media?

When you look up the current U.S. dollar to Australian dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

USD to AUD mid-rate on google

USD to AUD mid-rate on google search

Getting a great USD to AUD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our USD to AUD currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific U.S. dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for U.S. dollar and Australian dollar

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the USD vs AUD, you should pay attention to both U.S. dollar and Australian dollar news and forecasts.

U.S. dollar (USD) - Market news and forecasts

It was a fine run for the dollar during the six-week period ending May 25th – the day of this report. The Dollar Index never looked back after breaking from a pocket of congestion in the final week of April. The index ended this period achieving a six-month high of 94.3. The dollar benefited from higher US yields.

Against individual currencies, within this timeframe the dollar was impressive against the euro, which fell to buy only 1.165 dollars, from levels near 1.24; against the pound, which fell to buy 1.33 dollars, from 1.44; and against the New Zealand dollar, which fell to 0.69 from 0.738.

A warning on the dollar’s medium-term outlook was offered in May by Citibank. The bank argues that downward pressure on the dollar will resume because Washington’s planned fiscal spending will cause a further deterioration in the US’ twin deficits. The dollar might have 5 percent downside over 6-12 months and 10 percent downside in the long run, a Citi analyst said.

In the coming month, supporting the dollar against growth-sensitive currencies, which include CAD, AUD, NZD, SEK, NOK, SGD and most of the emerging market currencies, will be developments surrounding global trade. In May, trade tensions resurfaced after the US Commerce Department announced it would investigate automobile imports. In 2018, Washington had already announced tariffs on aluminium and steel imports, angering much of the rest of the world.

Australian dollar (AUD) - Market news and forecasts

The Australian dollar could slump more than 10 percent against the US dollar into the "mid-60 cents" region within twelve months, said a senior money manager in June. Given RBA Governor Philip Lowe’s insistence that “there is no strong case for a near-term adjustment in monetary policy,” there is little incentive for investors to hold AUD instead of USD (which will benefit from future Fed hikes), the money manager believes.

A fall to 65 US cents (at 74.4 cents in mid-June ’18) would take AUD back to financial crisis levels last seen in early 2009.

Also pessimistic on the Australian dollar are Westpac and ANZ. Westpac have forecast AUD at 72 US cents in mid-2019 and ANZ have advised clients to “sell the [AUD] rallies.”

Technically, the outlook for AUD/USD remains poor. Longer-term charts show AUD/USD breaking from an upwards trend channel and meaningful psychological support won't be in play until the 70 cents handle.

Against the New Zealand dollar, AUD fell 2 percent in the weeks leading up to this report to N$1.072; however, a bird’s eye view shows AUD/NZD drifting sideways for the past 3 ½ years.


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