Use the currency transfer calculator below to compare exchange rates and fees for sending AUD to the United States.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
AUD to USD: Historical rate chart
Updated: 07 Apr 2020 07:58:09 UTC
The Australian dollar is the fifth-most-traded currency in the world. It's commonly referred to as the "Aussie" in forex markets. When it was first created, suggestions for its name included the koala, the royal and the austral.
$5, $10, $20, $50, $100
5c, 10c, 20c, 50c, $1, $2
The US dollar is the world's most-traded currency. In forex, it's an important benchmark and target rate for countries that fix or peg their currencies against. It is also used as the standard currency for oil, precious metals and other commodities.
Sub unit symbol:
$1, $5, $10, $20, $50, $100
1c, 5c, 10c, 25c, 50c, $1
Real-time market rate for popular transfer amounts AUD to USD
Australian dollars (AUD)
US dollars (USD)
How to get the best AUD to USD exchange rate
The following tips will help you lock in the best AUD/USD exchange rate for your transfer:
Check the mid-market rate. Use the mid-market rate to work out whether a transfer provider offers good value for money.
Check the fine print on your quote. Many providers will use the mid-market rate on their website calculator rather than the actual rate available to customers, so to get an accurate idea of the cost of your transaction you will usually have to get a quote.
Keep up-to-date with the news. Keep on top of any news or events that may impact the exchange rate, for example major elections, shutdowns and the volatility of the stock market.
Use limit orders and forward contracts. With a limit order you can nominate the exchange rate you want, and your transfer will only be sent if and when that rate becomes available. Alternatively, if you think exchange rates are likely to fall in the coming weeks or months, you can use a forward contract to lock in an exchange rate now for a transfer that will take place in the future.
Compare your options. Your bank will likely offer a less-competitive rate than dedicated money transfer services. Use our table to compare a range of providers and find the best rate.
Learn more: Why aren’t I paying today’s exchange rate?
The rate you see quoted on your television or Google is the mid-market rate, not the transactional rate. The mid-market rate is the mid-point between the buy and sell rates on the foreign exchange market. The transactional rate – the one you receive when you go to transfer money – includes overheads and a profit margin from the exchange service or bank.
These rates can differ widely depending on where you go. Some providers offer no fees, but make their profit in a less competitive exchange rate. Keep an eye on both the fees and the exchange rate you're being offered when you're comparing providers.
How can I predict the best time to exchange AUD for USD?
The best time to exchange currency is when the Australian dollar is strong, as this means you'll be able to buy more US dollars for your money (you'll get more bang for your buck!). No one can predict exactly how the Australian dollar will perform, but understanding what factors influence exchange rates will help you predict when the Australian dollar might rise, and when the US dollar might fall.
Factors that influence exchange rates
Political climate. Major political events such as elections an economic slowdowns can impact currency exchange rates.
Inflation levels. Typically a country with lower inflation rates will have a higher currency value.
Interest rates. If a country's central bank (for example the Reserve Bank of Australia) changes its interest rates, this will likely impact the value of the currency.
Importing and exporting. If the country is exporting a lot of goods to other countries, this is good for the country's currency.
Debt levels. If the country is in a lot of debt this could negatively impact its currency in relation to other currencies.
Examining the historical performance of the AUD/USD exchange rate will also help you understand what causes it to rise or fall. Take a look at the following historical exchange rates for the past 10 years, 10 months and 10 days. If you sent AUD$1000 to the US in February 2018 when the AUD was worth 0.78 USD, you would have received USD$780. But if you'd waited until March of 2020, at the height of the coronavirus and a low point for the New York Stock Exchange, when 1 AUD = 0.57 USD, you would have USD$570, which is USD$210 less. Find out how to buy US dollars online
Past 10 years: AUD to USD
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Past 10 months: AUD to USD
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Past 10 days: AUD to USD
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What's the best way to send money to the United States?
There are three main options to choose from when you want to send money to the US. The best option for you will depend on how quickly you need to send the money and if you need it in cash. For a more detailed view, check out our guide on transferring money to the United States.
You need the money to be transferred immediately, such as in an emergency. It can also be helpful if the person you're sending to doesn't have a bank account or mobile wallet.
Not for you if:
You have the option to find a better rate with a money transfer specialist or if your recipient doesn't have access to one of the cash pick-up locations.
Convenience and familiarity.
Has physical branches with customer service.
Higher fees than online money transfers specialists.
Poor exchange rates.
Transfers can take several days to complete.
For you if:
You want the convenience of sending money from your existing bank account, without having to register and be verified by a specialised money transfer service. Your bank can usually also help set up regular transfers.
Not for you if:
You want a more competitive exchange rate and fewer fees.
Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.
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