Lexi Webster
The Australian dollar is the fifth-most-traded currency in world foreign exchange markets. It is also used in Christmas Island, the Cocos (Keeling) Islands, Norfolk Island, Kiribati, Nauru, and Tuvalu. The US dollar, on the other hand, is the currency most used in international transactions and is the official currency of several countries. The AUD to USD conversion rate has seen fluctuations, with a 30-day high of 0.6420 and a 30-day low of 0.5955, resulting in an average of 0.6278.
| Characteristics | Values |
|---|---|
| 30-day high | AUD to USD: 0.6420; USD to AUD: 1.6794 |
| 30-day low | AUD to USD: 0.5955; USD to AUD: 1.5561 |
| 30-day average | AUD to USD: 0.6278; USD to AUD: 1.5923 |
| 90-day high | AUD to USD: 0.6420; USD to AUD: 1.6794 |
| 90-day low | AUD to USD: 0.5955; USD to AUD: 1.5561 |
| 90-day average | AUD to USD: 0.6290; USD to AUD: 1.5897 |
| Change | AUD to USD: 1.61; USD to AUD: -2.48 |
| Most popular exchange rate | AUD to USD |
| Currency code | AUD: USD |
| Currency symbol | AUD: $; USD: $ |
| Ranking in world foreign exchange markets | AUD: 5th most traded |
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What You'll Learn
Exchange rate history
The exchange rate between the Australian dollar and the US dollar has fluctuated over time. The Reserve Bank of Australia (RBA) calculates and publishes the Trade Weighted Index (TWI) annually, based on the composition of Australia's merchandise goods and services trade for the previous fiscal year.
On 29 April 2025, the exchange rate for the US dollar to the Australian dollar was 1.567, reflecting a 0.424% change since the previous day. In the week leading up to that date, the value of the US dollar had remained relatively stable, with a 0.095% increase over seven days. The exchange rate fluctuated between a high of 1.575 on 24 April 2025 and a low of 1.554 on 28 April 2025. The largest 24-hour price movement occurred on 23 April 2025, with a 0.565% increase in value.
Looking at the exchange rate from the perspective of the Australian dollar, on 28 April 2025, the rate was 0.640, with a slight decrease of 0.008% since the previous day. Over the past week, the value of the Australian dollar had decreased by 0.436% compared to seven days earlier. The exchange rate fluctuated between a high of 0.644 on 22 April 2025 and a low of 0.635 on 24 April 2025. The largest 24-hour change occurred on 23 April 2025, with a decrease of 0.562%.
The highest US dollar to Australian dollar rate in recent years was on 9 April 2025, when 1 US dollar was worth 1.6794 Australian dollars. Conversely, the lowest rate was recorded on 8 November 2024, when 1 US dollar was worth only 1.4981 Australian dollars. From the Australian dollar perspective, the highest rate was on 8 November 2024, with 1 Australian dollar worth 0.6675 US dollars. The lowest rate was on 9 April 2025, when 1 Australian dollar was worth just 0.5955 US dollars.
Over the last six months, the average exchange rate has been relatively stable, with 1 US dollar equalling approximately 1.5800 Australian dollars. Conversely, 1 Australian dollar has been worth around 0.6333 US dollars during this period.
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Current conversion rate
As of 2023, the Australian dollar has increased in value compared to the US dollar. The average Australian dollar to US dollar exchange rate in 2023 is 1 Australian dollar to 0.6645 US dollars. This is the rate you are most likely to see used for exchange purposes.
However, this rate has fluctuated throughout the year. The highest Australian dollar to US dollar exchange rate in 2023 was 1 AUD to 0.7150 USD. This means that at its peak, the Australian dollar was worth more compared to the US dollar than at any other time in 2023. Conversely, the lowest exchange rate in 2023 was 1 AUD to 0.6288 USD. This was the least favourable rate for those exchanging Australian dollars to US dollars this year.
These fluctuations can be influenced by various economic factors, such as interest rate changes, inflation rates, and political events. Exchange rates are also subject to the forces of supply and demand in the foreign exchange market. It is worth noting that exchange rates can change rapidly and be different depending on the service or institution providing the exchange.
When exchanging currencies, it is essential to be aware of the current rates and any associated fees or charges. Online currency converters and financial institutions can provide up-to-date information on exchange rates and assist with the exchange process.
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AUD's global ranking
I could not find sufficient information about the AUD's global ranking in terms of currency. However, I found information about the American University in Dubai (AUD) and its global ranking.
The American University in Dubai (AUD) is a private, for-profit, higher education institution established in 1995. It offers a range of degree programs, including pre-bachelor's, bachelor's, and master's degrees, to over 2000 students from more than 100 countries. AUD has been ranked among the top five universities in the UAE and was named Dubai's #1 university in the QS World University Rankings for 2021. This ranking system is considered one of the most comprehensive and influential in global higher education. In the 2021 edition, AUD was placed in the top 650 institutions worldwide, #24 in the Arab region, and among the top five percentile globally. The university also performed well in diversity indicators, ranking 2nd globally for international faculty and 4th for overall diversity.
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USD's global ranking
The US dollar (USD) is the world's primary reserve currency and the most widely used currency for international trade and other transactions. It has been the world's most important means of exchange since the end of World War II. The USD is also the most-traded currency on the global stage by a wide margin.
However, the USD is not the strongest of the 180-odd traditional fiat currencies recognized as legal tender worldwide. The Kuwaiti dinar (KWD) is the world's strongest currency, with 1 dinar buying 3.26 dollars (approximately $1 = 0.31 KWD). Kuwait's robust oil exports, careful financial management, and vast oil reserves contribute to the stability and resilience of the Kuwaiti dinar.
Other factors that influence the strength of a currency include a country's economic performance, stability, interest rates, inflation rates, and oil and gas exports. A strong currency often reflects a country's economic health, stability, and global trading power.
The strength of a currency is also determined by supply and demand in the foreign exchange market. For example, an increase in foreign investment in the US will create more demand for dollars, leading to appreciation. Conversely, when the US increases its international purchases and investments, the additional supply of dollars will lead to depreciation.
While the USD is not the strongest currency in terms of exchange rates, its dominance in the global economy confers benefits to the United States, such as the ability to borrow money more easily and impose financial sanctions. However, some experts argue that the high foreign demand for dollars comes at a cost to export-heavy US states, resulting in trade deficits and job losses.
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Best money transfer providers
When transferring money from the US to Australia, it's important to choose a provider that is properly registered and regulated in both countries. Dedicated money transfer services are often faster than banks, which usually take 3-5 working days. Banks also tend to add hidden markups to their exchange rates, which can increase costs.
Wise is a popular option for transferring money from the US to Australia. It offers online and in-app money transfer services to Australia and 80+ other destinations. Wise provides the mid-market exchange rate, with fast transfer times—50% of transfers are instant, and 90% arrive within 24 hours. Wise also ensures transparency in fees, which are often tiny, and security through 2-factor authentication.
To use Wise, you can pay in AUD with your debit or credit card, or through online banking. For some currencies or large transfers, you may need to provide a photo of your ID. You can track your transfer in your account, and Wise will notify your recipient.
Another option is Xe, which also provides a daily analysis of markets, exchange rates, and news. Xe's exchange rate API offers real-time, accurate, and reliable data for hundreds of currencies, sourced directly from financial data providers and reputable banks.
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Frequently asked questions
As of April 2025, the exchange rate is approximately 1 AUD to 0.64 USD, but this fluctuates and can be volatile.
The average exchange rate in 2023 was 1 AUD to 0.6645 USD. The highest rate was 1 AUD to 0.7150 USD, and the lowest was 1 AUD to 0.6288 USD.
You can find the most recent exchange rates online on websites such as TradingView, Forbes Advisor, and Xe. These sources provide easy-to-use currency converters and charts that track the historical exchange rates between the two currencies.
