Why did AUD fluctuate in 2022?

In 2022, there was a fluctuation in the price of AUD, with ongoing global crises affecting the market significantly. The RBA said that Australia had a floating exchange rate, “meaning the movements in the Australian dollar exchange rate are determined by the demand for, and supply of, Australian dollars in the foreign exchange market”.

What is the AUD/USD exchange rate forecast for 2025?

WalletInvestor ’s algorithm-based Australian dollar forecast for 2025 as of 20 February saw the AUD/USD exchange rate closing the year at 0.691. WalletInvestor did not give an Australian dollar forecast for 2030 – the closest forecast to that date amounted to a potential rate of 0.7048 in late February 2028.

What is the Australian dollar forecast for 2030?

WalletInvestor did not give an Australian dollar forecast for 2030 – the closest forecast to that date amounted to a potential rate of 0.7048 in late February 2028. Economic data aggregator TradingEconomics expected the Australian dollar to be priced at about 0.62626 against the US dollar in early 2024.

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.