Can I buy and sell Australian dollars online?

In contrast with banks and other institutions, you can buy and sell Australian Dollars online while sitting in the comfort of your own home. With BookMyForex, you won't have to haggle as we compare the rates of more than a hundred money changers near your location to find you the best exchange rate for the Australian Dollar.

What is AUD currency?

This currency pair is also known as the "Aussie". Together with the New Zealand Dollar and the Canadian Dollar, the AUD is a commodity currency, that is a currency whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.).

What's going on with AUDUSD in 2023?

Don't miss our 2023 AUDUSD forecast! The Australian Dollar is facing headwinds yet again against the US Dollar, as the central bank divergence theme is back in play in early 2023.

Is Australia facing headwinds again against the US dollar?

The Australian Dollar is facing headwinds yet again against the US Dollar, as the central bank divergence theme is back in play in early 2023. The US Federal Reserve (Fed) is expected to deliver further rate increases than previously expected while the Reserve Bank of Australia (RBA) is nearing the end of its tightening cycle.