The live mid-rate USD to AUD exchange rate is 1.5456. Compare Bank of Queensland currency conversion rates - Reduce FX costs.
The best USD to AUD exchange rate is our partner deal rate of 1.5379 from OFX . This is -0.5% compared to the mid-market rate 1.5456.
The standard OFX USD-AUD rate is 1.5231, -1.5% 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 1.5379 from OFX, -0.5% from the mid-market rate 1.5456. The next best rate is 1.5363 from XE, -0.6% from the mid-rate. Then Wise with 1.5355 is -0.65% from the mid-rate.
The Western Union rate is 1.5301 which is -1% from the mid-rate.
Among the banks, the Chase Bank rate is 1.4381 at -7%, the Wells Fargo Bank rate is 1.4288 at -7.6%, and the Citibank rate is 1.4999 at -3% compared to the mid-rate 1.5456.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bank of Queensland 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 Bank of Queensland Dollar to Aussie comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of Queensland and other foreign exchange providers against the latest USD-AUD mid-rate (see Market Data below ) and the possible savings of using various providers.
Bank of Queensland (BOQ) currency exchange services offer reasonable exchange rates on foreign cash and pre-paid travel money cards (referred to as Cash Passport cards).
You can purchase foreign cash on-line via the BOQ Website with no purchase fee, foreign cash is also available via all BOQ branches, where a fee applies
US dollar (USD) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/AUD | Change | Period |
|---|---|---|---|
29 Apr 2025 | 1.5657 | 0.1% ▼ | 2 Week |
12 Feb 2025 | 1.5919 | 1.7% ▼ | 3 Month |
13 May 2024 | 1.5126 | 3.4% ▲ | 1 Year |
14 May 2020 | 1.5455 | 1.2% ▲ | 5 Year |
16 May 2015 | 1.2445 | 25.7% ▲ | 10 Year |
18 May 2005 | 1.3174 | 18.8% ▲ | 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.
Recent forecasts for the USD to AUD exchange rate indicate a dynamic market influenced by significant geopolitical developments and economic data. The US dollar has shown strength, particularly after a recent US-China trade agreement aimed at de-escalating tensions by reducing tariffs. Analysts suggest this positive sentiment surrounding the USD stems from reduced recession fears, especially with expectations that inflation data will support the Federal Reserve's hawkish stance on interest rates. As interest rates are a key driver of the USD, any indication of rising rates could lead to further dollar appreciation.
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 in Australia plus living and doing business 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.
It is also important to note that there are some reporting requirements in Australia for international money transfers. If you are sending or receiving an amount of AUD 10,000 or more, you are required to report the transaction to the Australian Transaction Reports and Analysis Centre (AUSTRAC). This requirement applies to both individuals and businesses.
Additionally, if you are sending money to or from a country that is considered to be a "high risk" for money laundering or terrorism financing, you may be required to provide additional documentation or information to comply with Australian anti-money laundering and counter-terrorism financing laws.
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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