What is AUD/USD exchange rate?

Most exchange rates are quoted against the US dollar (USD), as it is the most traded currency globally. The AUD/USD exchange rate gives you the amount of US dollars that you will receive for each Australian dollar that you convert (or sell).

What is the average exchange rate in Australia?

The averaged exchange rate 1.462. USD to AUD forecast at the end of the month 1.445, change for February -2.9%. US Dollar to Australian Dollar forecast for March 2024. In the beginning at 1.445 Australian Dollars. Maximum 1.490, minimum 1.445. The averaged exchange rate 1.462.

What happened to the Aud exchange rate in 2022?

The exchange rate for 1 AUD moved during this time from USD 0.76 to USD 0.64. In these 82 months it fell by 15.6 percent. According to the International Monetary Fund, the total broad money (M3) amounted to AUD 3.131 trillion at the end of 2022 (data only for Australia).

When was the Australian dollar introduced?

The Australian dollar was introduced on 14 February 1966 to replace the pre-decimal Australian pound, with the conversion rate of A$2 per = A£1. In 2016, the Australian dollar was the fifth most traded currency in world foreign exchange markets, accounting for 6.9% of the world's daily share.