AUD to USD Currency Converter
Use our free tool to convert AUD to USD at the live exchange rate you see online. Track it using a rate alert or check out the latest news for the Australian dollar.
Please understand that the rates displayed on the graph are historical. They are NOT the exchange rates that S Money is offering today. The rates displayed are the “interbank” or “wholesale” exchange rates that you can find on Google or XE. We show these rates so you can see when the best time to buy US dollars was.
About the AUD to USD exchange rate
It's easy to see the AUD to USD exchange rate on XE, Yahoo or any other currency converter. It's the real exchange rate that is set by the foreign exchange market. It's also sometimes called the 'wholesale' rate or the 'interbank' rate because it's used for wholesale amounts between banks. It's the best rate to convert foreign currency but often, it's very hard to actually get.
Where is the best place to exchange AUD to USD?
It's simple to buy USD from AUD online, but it may not necessarily be as fast as walking into a money changer. Services like Australia Post also offer a foreign exchange service online but it takes between two and five business days before the currency is ready for pick-up or delivery so you need to be organised!
Alternatively, buying your US currency in-store can be a good option but it all depends on where you go. The money changers in the centre of the main cities like Sydney or Melbourne tend to be more competitive than smaller stores in the suburbs.
Only change money at the airport as a last resort. The exchange rates and fees at Australian airports are among the worst in the world so avoid it at all costs if you want to get the best bang for your buck.
How can I convert AUD to USD at the best rate?
The key to finding the best foreign currency rate is to compare your options. Make sure that you compare not just the exchange rate, but the total cost of your currency including any service or delivery fees.
Learn more: Get the best AUD to USD exchange rate
What is the best time to exchange AUD to USD?
As a rule of thumb, if you are buying USD with Australian dollars, you want the AUD/USD exchange rate to be as high as possible. The higher the rate, the better it is for you. It means that you will receive more American dollars for the same amount of Australian dollars.
Unfortunately there isn't a particular day of the week or time of the day that is the best time.
While it's impossible to pick the perfect time, you can set up a free rate tracker to keep an eye on the rate.
Also keep in mind that if you buy it online, it may take 2-4 business days to arrive so make sure you finalise your financial transaction at least a week before you are due to travel overseas.
Is the Australian dollar going up or down against the US dollar?
The 'Big 4" major Australian banks have lowered their AUD to USD forecasts by 5% in 2022, but they still expect exchange rates to range between 75 and 80 US cents. Early in 2021, the AUDUSD exchange rate hit nearly 3 year highs of 80 cents, only to decline again towards 70 cents in September.
Learn more: The 2022 Forecasts for the AUD to USD
Latest AUD to USD News, Views and Forecasts
The AUD to USD exchange rate rose above 75 cents for only the second time since the end of July. At 12:50pm, the CPI or inflation data was released. It showed that prices in Australia are rising faster than previously forecasted. Here are some of the key points: Consumer prices rose 0.8 per cent during the September quarter (July, August and September). Prices are 3% higher than a year earlier. The increase was largely because of fuel which increased 7.1% and rising house prices which increased 3.3%. Interest rates are one of the big drivers of Australian dollar. Right […]
In the past 12 months, the Australian dollar has been sent lower against US dollar, New Zealand dollar and the British pound. The exchange rate is also slightly down against the Japanese yen and Euro. It’s largely because of two large influences over the Australia dollar – interest rates and commodity prices. The strength or weakness of the Australian dollar exchange rate is also impacted by the value of the other currency. For example, if the US dollar gets stronger in its own right, then all other things being equal, the Australian dollar will weaken and the AUD to […]
If you are travelling overseas this year from Australia, the best time to buy US dollars with Australian dollars was in late February 2021. This is because the AUD/USD peaked at 0.7997 and has fallen gradually since. The same applies to anyone transferring money overseas in US dollars. In general, if you are buying US dollars with Australian dollars, you want the AUD/USD exchange rate to be as high as possible. The higher the rate, the better it is for you. It means that you will receive more US dollars for the same amount of Australian dollars (AUD).
This article looks at what the banks are predicting for the AUD to USD exchange rate over the long term in 2022.
This article looks at what the banks are predicting for the Australian dollar (AUD) over the long term in 2022.
This week, the AUD/USD fell below 76 cents for the first time in 2021. The main driver of the exchange rate seems to be a US Dollar that is getting stronger. But is now a good time to buy Australian Dollars? Here comes the greenback The recent move lower has been on the back of the US dollar (also known as the greenback). The US Dollar has gotten stronger against most other currencies including the Australian dollar. This has caused the AUD/USD to fall. So why is the US Dollar getting stronger? The US economy is flying. Thanks to […]