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Compare Online USD/AUD travel money rates

Find the best online currency exchange rates (United States Dollar to Australian Dollar cash)

 

This is the current USD-AUD mid-market exchange rate. The Total Cost of buying foreign currency in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market USD-AUD exchange rate.

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Currency news and forecasts for United States Dollar and Australian Dollar

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 USD vs AUD, you should pay attention to both United States Dollar and Australian Dollar news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Australian Dollar (AUD) - Market news and forecasts

Improved risk appetite, thriving commodities markets and better data from China helped lift the Australian dollar through March and into the second half of April. Against the US dollar, the Aussie was quoted at US$0.715 on April-22.

In March, both Westpac and JP Morgan predicted an Aussie slide to US$0.68 in the second half of the year. Those banks were at least more optimistic than HSBC, which argued in April for US$0.66 based on housing market weakness, high debt-to-GDP levels and continued strength in the US dollar.

Bearishness wasn’t unanimous, though, with NAB forecasting Aussie appreciation at least until mid-year; it predicted US$0.74 by the end of June.

The RBA will be happy with a weaker currency, HSBC said. The central bank has recently shifted to a dovish bias (what should be an across-the-board negative for AUD), saying lower Australian interest rates will “likely be appropriate” if inflation doesn’t pick up.

Sorry, our travel money calculators are currently only available for comparing exchange rates rates for buying foreign cash and travel money in Australia, Canada, France, Germany, Netherlands, New Zealand, United Kingdom and the USA.