The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to AUD Market Data
US dollar (USD) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: Bearish-to-range-bound
Key drivers:
- Rate gap: Fed's potential rate cuts may weaken USD; RBA signals possible rate hikes due to rising inflation risks supporting AUD.
- Risk/commodities: AUD pressured by weak Chinese inflation, indicating low demand for Australian exports like iron ore.
- Upcoming Australian economic indicators, including CPI and Labour Force report, may heavily influence AUD direction.
Range: USD/AUD expected to drift near current levels within the recent range as both currencies react to respective economic data.
What could change it:
- Upside risk: Stronger-than-expected Australian economic report could boost AUD.
- Downside risk: Fed's aggressive rate cut signals could increase demand for USD, weakening AUD further.
$AUD $USD news: Bearish bias continues for USD/AUD as rates stay below avg. RBA hints at hikes while weak Chinese inflation pressures AUD. Expect drifting around current levels; key Aussie indicators ahead. #forex #currency
@bestfxrates
USD to AUD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Australian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to AUD?
The best USD to AUD exchange rate is 1.4886 from OFX . This is -0.5% compared to the mid-market rate 1.4961.
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.
The above
Dollar to Aussie comparison table
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 and the possible savings of using various providers.
How do USD-AUD rates compare between providers?
Looking at the full
USD to AUD - Send Money comparison table the provider with the best USD to AUD exchange rate is OFX at 1.4886, -0.5% from the latest mid-market rate 1.4961.
The next best is XE at 1.4871, -0.6% 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.