new 100 hundred Australian dollar bill

2022 Australian Dollar Forecasts & Predictions

Australian dollar exchange rates and forecasts change all the time. This article looks at bank predictions and is updated regularly.

Latest Rate

2022 Australian Dollar forecasts downgraded

Since June 2021 the Australian dollar has been falling against the US dollar. For the rest of 2021 many economists are expecting a minor rebound to 80 cents, before trending sideways in the new year.

Many economists have lowered their Australian dollar (AUD) forecasts for 2022 to remain between 75 and 80 cents by June, but also expect the bumpy ride to continue.

ANZ CBA NAB Westpac
Dec 2021 0.8200 0.7700 0.7800 0.7500
Jun 2022 0.8200 0.8000 0.8000 0.7700

Want to know when the AUD/USD rate hits 80 cents against the USD?

It's pretty easy, just set up an alert for the AUD/USD rate you want using our rate tracker.

AUD to USD chart

AUD to USD

Wholesale exchange rate updated
Bank experts AUD 2022 forecast

What do bank experts predict will happen to the AUD?

If you agree with the top 4 banks in Australia, the Australian Dollar in 2022 will be slightly higher on average than 2021.

ANZ, CBA, NAB and Westpac expect the Australian dollar to average above 75 cents against the US dollar in 2022, about 5 cents higher than in 2021.

2022 Australian Dollar forecasts downgraded

Two of Australia's big banks have downgraded their forecast in 2022, but still expect the AUD/USD exchange rate to rise from 2021 levels.

The National Australia Bank expects the Australian dollar to move between 75 and 80 cents in the back half of 2021. Westpac also lowered their prediction for the AUD with a forecast of 75 cents by the end of 2021.

Both banks expect the Aussie dollar to rise towards 80 cents against the US dollar by June, 2022.

Here's why:

  1. Massive Chinese demand for Australian commodities like iron ore
  2. A stronger than expected recovery in the Aussie economy
  3. A falling US dollar
2022 Australian Dollar forecasts
2022 dollar symbol

Is the Australian dollar going up or down?

Currently, the Australian dollar is getting weaker, but banks are anticipating strength going into Christmas. There could be many reasons why the Aussie dollar will improve.

These are the most likely:

  • 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

More AUD to USD forecast news

best time to buy US dollars

When is the best time to buy US dollars (USD) with Australian dollars?

  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).  

Australian new 100 dollar bills

2022 AUDUSD Dollar Forecasts

The Australian dollar against the US dollar exchange rate (AUDUSD) changes every second. This article shares bank forecasts to help you predict changes in the AUDUSD rate.

The Australian Dollar Sinks to It’s Lowest Point this Year

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 […]

AUDUSD bank forecasts

2021 AUDUSD Dollar Forecasts

The Australian dollar against the US dollar exchange rate (AUDUSD) changes every second. This article shares bank forecasts to help you predict changes in the AUDUSD rate.

Australian Dollar forecasts

Australian Dollar Forecasts

Australian dollar exchange rates and forecasts change all the time. This article looks at bank predictions and is updated regularly.

US Currency

Why the Australian Dollar Could Hit 80 cents this Year

Since March 2020, the Australian dollar has been on a march towards 80 cents agains the US dollar. In the first week of 2020, it reached 0.7816 before easing off. Despite the recent drop, many economists are predicting the Australian dollar (AUD) to reach and move above 80 US cents this year. Here’s why: Massive Chinese demand for Australian commodities like iron ore A stronger than expected recovery in the Aussie economy A falling US dollar Let’s have a look at each of them in a little more detail. China is on the move The coronavirus hit every economy hard […]