The live mid-rate USD to AUD exchange rate is 1.5553. Compare currency conversion rates - Reduce FX costs.
The best USD to AUD exchange rate is our partner deal rate of 1.5475 from OFX . This is -0.5% compared to the mid-market rate 1.5553.
The standard OFX USD-AUD rate is 1.531, -1.6% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Australian dollar (AUD) rates from different sources before making a conversion.
Looking at our comparison table the best USD to AUD exchange rate is 1.5475 from OFX, -0.5% from the mid-market rate 1.5553. The next best rate is 1.546 from XE, -0.6% from the mid-rate. Wise with 1.5452 is -0.65% from the mid-rate.
The Western Union rate is 1.5397 which is -1% from the mid-rate.
Among the banks, the Citibank rate is 1.5077 at -3.1%, the Chase Bank rate is 1.4455 at -7.1%, and the Wells Fargo Bank rate is 1.4361 at -7.7% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Dollar to Aussie comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest USD-AUD mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/AUD | Change | Period |
|---|---|---|---|
20 Nov 2024 | 1.5357 | 1.5% ▲ | 2 Week |
05 Sep 2024 | 1.4835 | 5% ▲ | 3 Month |
05 Dec 2023 | 1.5256 | 2.1% ▲ | 1 Year |
06 Dec 2019 | 1.4619 | 6.6% ▲ | 5 Year |
07 Dec 2014 | 1.1990 | 30% ▲ | 10 Year |
09 Dec 2004 | 1.3257 | 17.6% ▲ | 20 Year |
Here are some popular conversion amounts for USD to AUD (US dollar to Australian dollar)*.
*Converted at the current USDAUD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The recent forecasts for the USD to AUD exchange rate indicate a complex landscape influenced by both US economic performance and developments in Australia. As the US dollar (USD) has experienced upward pressure, with significant rallies fueled by heightened inflation expectations following Donald Trump's election, analysts project further increases for the USD amid steady or even rising interest rates. According to market analysts, the dollar's strength has already pushed it to 90-day highs near 1.5556, representing a 3.5% gain above its three-month average. In light of the US labor market data and economic resilience, expectations are that this trend may continue as the Federal Reserve remains cautious about cutting rates.
Read our full review of recent USD to AUD forecasts.
There are several ways to save on exchange rates when converting US dollar to Australian dollar:
Generally speaking, if you are buying Australian dollar with US dollar, then it's better for the USD/AUD exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Australia - a practical currency and money guide to travel, living and doing business in Australia with the Australian dollar.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/AUD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | Australia (AUD) |  Christmas Island (AUD) |
 Cocos Keeling Islands (AUD) |  Heard and McDonald Islands (AUD) |  Kiribati (AUD) |
 Nauru (AUD) |  Norfolk Island (AUD) |  Tuvalu (AUD) |
There are no limits on the amount of money that can be sent to or from Australia. However, there may be fees and exchange rates that apply when sending money internationally, and these costs can vary depending on the method of transfer and the country where the money is being sent.
If you are sending a large amount of money to or from Australia, it is a good idea to compare the fees and exchange rates offered by different money transfer providers to find the most cost-effective option.
Read more at our Australia (AUD) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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