Australian Dollar (AUD)

$0.6788

US Dollar flag USD

€0.6224

Euro flag EUR

£0.5226

British Pound flag GBP

$1.1089

NZ Dollar flag NZD

AUD Exchange Rates

Name Last 1 Year
US Dollar flag US Dollar
$0.6788 -0.01%
Euro flag Euro
€0.6224 +2.10%
British Pound flag British Pound
£0.5226 +0.02%
NZ Dollar flag NZ Dollar
$1.1089 +2.88%
Canadian Dollar flag Canadian Dollar
$0.9252 +3.35%
Swiss Franc flag Swiss Franc
0.6073Fr +3.18%
Japanese Yen flag Japanese Yen
¥107.20 +14.10%
Thai Baht flag Thai Baht
฿24.507 +4.08%
Indonesian Rupiah flag Indonesian Rupiah
10932Rp +7.82%
Chinese Yuan flag Chinese Yuan
¥4.9211 +1.29%
Singapore Dollar flag Singapore Dollar
$0.9101 +0.80%
Hong Kong Dollar flag Hong Kong Dollar
$5.2994 -0.25%

Updated at: 7:00 pm (Sydney) 12/07

Australian Dollar (AUD)

The "Aussie Dollar" is the official currency of Australia and the 5th2019 most traded currency in the world, behind the USD, Euro, JPY and GBP.

The AUD/USD currency pair is popular with Foreign Exchange (FX) traders due to Australia's relatively high interest rate, stable economy and exposure to the commodities sector.

What influences the AUD?

1. Interest Rates
The falling cash rate has decreased the AUD's value as foreign investors withdraw their funds and chase higher returns in other countries. View an example image.

2. Commodity Prices
Falling commodity prices have negatively impacted the AUD as demand for Australian Dollars to buy our commodities falls.

3. Economy
Lower forecast growth has put downward pressure on the AUD as people move to the safe haven US Dollar.

FAQs

Currency Background

Profile

Central Bank: Reserve Bank of Australia

Distribution: Australia, Christmas Island (CX), Cocos (Keeling) Islands (CC), Heard Island and McDonald Islands (HM), Kiribati (KI), Nauru (NR), Norfolk Island (NF), Tuvalu (TV)

Record High: 1.1055 (28 July 2011)

Record Low: 0.4833 (3 April 2001)

Historical news report on the 1983 Aussie Dollar float

History

1788 Multiple foreign currencies could be used but rum was also widely accepted.
1814 Holy Dollar and Dump (derived from Spanish Dollars) introduced in NSW.
1825 Australia started using the Sterling Standard and British coins were minted in Australia.
1910 The Australian Pound was introduced (initially fixed to the Pound Sterling).
1966 The Australian Dollar (using a decimal system) replaced the Pound.
1967 The AUD is pegged to the USD at A$1 = $US1.12.
1983 The AUD becomes a floated currency.
1984 One dollar coin is introduced.
1988 Two dollar coin is introduced.
1988 Australia develops and starts using the world’s first polymer banknotes.
2006 One and two cent coins removed from circulation.

Historical Chart

Resources

Image icon Australian Currency Images

See an image of all Australia's notes and coins currently in circulation.

Editor's Suggestions

Currency Fair
Transfer money to an overseas bank account (including 3rd party accounts) at an excellent rate.

Citibank Plus Account
An everyday transaction account for use when travelling. There’s no account fee, so set one up and forget about it until you go travelling. Most major cities have a Citibank branch or ATM and there’s no transaction or withdrawal fees when using an overseas branch or Citibank ATM.

USD Rate Comparison (12 August 2022)
Currency Fair 0.7075
Citibank 0.6987
National Australia Bank 0.6850
Commonwealth Bank 0.6827

Links

AUD Historical Data
Official RBA historical data for the AUD exchange rate against all major currencies since 1983 (downloadable in XLS).