Best Australian Dollar to US Dollar Exchange Rate Today

AUD $346.85 Avg. Saving vs. Banks ?

Top 3 Money Transfer Providers for Australia to USA

Provider Amount Received Fee Exchange Rate Speed
TorFX TorFX USD $6,746.92 £0.00 0.6747 1-3 days more...
OFX (prev. OzForex) OFX (prev. OzForex) USD $6,700.67 No Fee 0.6701 Less than 1 day more...
Moneycorp Moneycorp USD $6,750.32 £0.00 0.675 1-3 days more...
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AUSTRALIA
The central bank does not target a specific value for the AUD Read More
USA
The dollar, the world’s most traded currency, is held on a free-float exchange rate and is fully convertible to foreign currencies Read More
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Below are the best exchange rates for australian dollar to us dollar offered on FXcompared from the money transfer companies that we have selected, to help you make your choice of provider. AUS to USD Exchange Rate.

Top 10 Money Transfer Providers

Exchange Rates as of 19 November 2019, 06:34
Bank Beating Rates

TorFX

?
Est. 2004

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

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Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

Amount Received
USD $6,746.92
AUD $398.05
saved vs. banks

OFX (prev. OzForex)

Celebrated international money transfer service connecting our customers when it matters most. Best-in-class global payments provider for people and businesses for over 17 years.
More InfoLess Info
Celebrated international money transfer service connecting our customers when it matters most. Best-in-class global payments provider for people and businesses for over 17 years.
Amount Received
USD $6,700.67
AUD $330.05
saved vs. banks

Moneycorp

?
Est. 1979

One-off payments | Regular payments | Great rates | Safeguarded customer funds

More InfoLess Info

One-off payments | Regular payments | Great rates | Safeguarded customer funds

Amount Received
USD $6,750.32
AUD $403.05
saved vs. banks

WorldFirst

?
Est. 2004

Transparency and security | Great customer feedback rating from Feefo

More InfoLess Info

Transparency and security | Great customer feedback rating from Feefo

Amount Received
USD $6,767.33
AUD $428.05
saved vs. banks

Currency Solutions

Currency exchange specialists ranking No.1 on Trustpilot for the past two years

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Currency exchange specialists ranking No.1 on Trustpilot for the past two years

Amount Received
USD $6,739.44
AUD $387.05
saved vs. banks
Bank Beating Rates

Currencies Direct

Call us0203 018 1318

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

More InfoLess Info

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

Amount Received
USD $6,726.52
AUD $368.05
saved vs. banks

Smart Currency Exchange

Smart is focused on helping clients to effectively and efficiently send and receive payments internationally
More InfoLess Info
Smart is focused on helping clients to effectively and efficiently send and receive payments internationally
Amount Received
USD $6,733.32
AUD $378.05
saved vs. banks

Average Australia Bank

Average of the top 9 Australian Banks costs as compiled by our own FXC Intelligence group

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Average of the top 9 Australian Banks costs as compiled by our own FXC Intelligence group

Amount Received
USD $6,458.55
No saving vs. banks

RationalFX

?
Est. 2005
Established in 2005, RationalFX helps individuals and businesses achieve significant savings on international payments
More InfoLess Info
Established in 2005, RationalFX helps individuals and businesses achieve significant savings on international payments
Amount Received
USD $6,740.12
AUD $388.05
saved vs. banks

Global Reach (formerly FC Exchange)

Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers

More InfoLess Info

Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers

Amount Received
USD $6,740.12
AUD $388.05
saved vs. banks

How to Exchange AUS Dollar to US Dollar

Australian Dollar to US Dollar Exchange Rate History

The Australian dollar (AUD) is the official currency of Australia, replacing its original currency, the Australian pound. The pound was in circulation until 1966, when the Australian dollar was introduced and pegged to the US dollar (USD) with an official exchange rate of AUD to USD US$1.12. When the USD officially switched to a floating exchange rate regime in 1971, the AUD was temporarily linked to the sterling pound, then switched back to the USD by the end of the year. In December 1983, the AUD became a free-floating currency with all foreign exchange controls removed. Today, the Reserve Bank of Australia (RBA) maintains discretionary power and may intervene in the foreign exchange markets, although it does so infrequently.


Since the Australian dollar began circulating as the official currency, it has traded at a lower value against the US dollar, except for a two-year period from 2011 to 2013 when it traded at a premium. During this time, it reached a peak value of US$1.0770. Since 2000 its lowest conversion rate was US$0.5022. The average conversion rate over the last 15 years for the AUD to USD currency pair is US$0.7952.

US Dollar Strong against the Australian Dollar, 2008-2013

The USD has historically been the stronger of the two currencies. However, as the effects of the 2008 global recession and subprime mortgage crisis spread throughout the United States economy, US markets faltered and the dollar’s value slipped. With a weakening American economy, the Australian dollar began to gain, due in part to a multi-decade commodity boom and an interest rate differential that favored the AUD. During this time, the Australian dollar gained significant ground against the USD, with investors spooked by high US debt levels and sluggish growth.

By February of 2011, the AUD to USD currency exchange rate had tipped in favor of Australia, with the conversion rate at US$1.0082. The AUD continued to climb throughout 2011, reaching its highest value in July, with the conversion rate at US$1.0770. It remained at an above-average level for most of 2013, though it dipped slightly below the US dollar at some points during the year.

US Economy Grows, Australian Economy Begins to Falter

By 2013, however, the US economy was gaining steam and the dollar was beginning to regain some of its lost value. Australia’s growth had begun to slow in 2011 and it was now evident that the Australian economy was cooling. Analysts cited the slow-down in mining and commodities investments, lower consumer spending, and weakening labor markets as major contributors to the decline in growth and the lowered outlook for Australia. The economy of the US, meanwhile, continued to improve. In 2014 it began to surge ahead, as consumer confidence increased and the employment rate ticked up. This was reflected in the stronger US dollar, as the conversion rate had flipped back in favor of the USD, with the currency exchange rate by the beginning of 2014 now at AUD:USD US$0.8861.


In the first quarter of 2015, the Reserve Bank of Australia announced that it would hold interest rates steady. While this should keep the Australian dollar’s value steady in the near-term, the long-term outlook for the AUD has turned slightly pessimistic, with forecasts pointing to an overall weakening of the AUD against the world’s major currencies.


The US dollar is heading in the opposite direction for the next several years, analysts predict. Most see an improving US economy that will gain steam in the coming years. The US dollar’s value is expected to continue climbing against most of the world’s currencies, including the AUD.

FXcompared.com is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended.  FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FX compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from (i) any error, omission or inaccuracy in any such information or (ii) any action resulting therefrom.