How do I convert Australian Bank forecasts to AUD?

The major Australian bank forecasts are in Australian dollar terms, or the currency pair AUDUSD. But if you're interested in bank forecasts in US dollar terms or USDAUD you can calculate it. To convert from USD to AUD all you need to do is divide 1 by the rate.

What are the most up-to-date forecasts for the Australian dollar?

Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts: Since June 2022 the Australian dollar has been falling against the US dollar. For the rest of 2022, most of the economists are expecting a minor rebound to 75 cents, before trending sideways in the new year.

How to convert US dollar to AUD?

But if you're interested in bank forecasts in US dollar terms or USDAUD you can calculate it. To convert from USD to AUD all you need to do is divide 1 by the rate. For example, if the AUD to USD exchange rate is 0.75, then 1 Australian dollar is worth US$0.75 or 75 cents. You divide 1 by 0.75 to find the USD/AUD exchange rate of 1.3333.

What if Aud goes up against USD?

For example, if today’s exchange rates are 1 AUD = 0.65 USD, and you think AUD is going to go up against the USD, you might set up a limit order at 1 AUD = 0.68 USD. Then, if the exchange rates rise to that level within the specified time frame, your transfer will automatically go through at those rates.