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AUD USD Forecasts for 2022

This article looks at what the banks are predicting for the AUD to USD exchange rate over the long term in 2022.

AUD to USD: Get ready for a bumpy ride

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 AUD to USD exchange rate hit nearly 3 year highs of 80 cents, only to decline again towards 70 cents in September.


Chart of AUD to USD Forecasts up to December 2022

Source: Australian Big 4 banks aggregate data


*Wholesale exchange rate updated


Wholesale exchange rate updated

AUD to USD Predictions in 2022

In the short term

While the banks have predicted for the AUD to USD to rise over the long term, there are plenty of influences on the Australian dollar that have an impact in the short term. These include:

  • Vaccine rollout reduces coronavirus globally despite new strains
  • Australian economy bounces back
  • A weaker US dollar as the US economy struggles
  • China’s demand for Australian commodities grow
  • Economic growth on a global scale recovers
AUDUSD performance

What do bank analysts think about the AUDUSD in the long term?

The best time to exchange AUD to USD

If you are travelling overseas and need to buy US dollars, the best AUD to USD exchange rate is when it is high. Alternatively, if you are selling US currency either in cash or through a transfer, you want the rate to be as low as possible.

Whether you are buying or selling US dollars, no one can tell you when this "perfect" time is, but you can track the rate for free.

You set the rate you would like and let us to the work. We will email you when the AUD gets within the range you would like to buy US dollars.

Latest Australian Dollar to US Dollar news

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