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AUD to USD forecast – May 2019

Get the exchange rate forecasts before sending money overseas to see if you can save.

Exchange rates are changing all the time, so accurate forecasts can help you save money on international transfers, especially for larger transfers.

You can lock in today's rates if you think AUD is going to drop compared to the USD, or take advantage of better rates later if you think it's going to rise.

AUD/USD forecast

NAB predicts that the AUD/USD price will be trending broadly upwards from throughout 2019 and 2020, to around 0.75 by the end of 2019, and 0.79 at the end of 2020.

Westpac is less optimistic, forecasting a small decline through 2019, to 0.68 in December 2019, and 0.70 by December 2020.

Live Rate

= $ 0.6928

Refreshing in: 60s | Sat, 25 May 05:56pm GMT

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How to take advantage of exchange rate forecasts

If the AUD is going to drop against the USD you might try saving money by either:

  • Sending money now rather than waiting for better rates
  • Using a forward contract to lock in the current exchange rate for a future transfer

But if AUD is going to rise against the USD you might try saving money by either:

  • Sending money later rather than now, in the expectation of better rates at a later date
  • Using a limit order to set up a transfer in the future that will automatically execute at the specified rate

How to get better rates

Looking at forecasts can be a useful way of saving money on international transfers, especially if you're sending a lot of money to the United States.

But it's just as important to make sure you're choosing a transfer service that offers competitive rates every day. Enter the details of your transfer into the calculator below to see how widely the rates can vary between providers and how much you can save.

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Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 5 1 - 2 days EUR 3.00 0.689 USD
6,893
Special offer: Pay zero fees on your first 5 transfers
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
AUD 200 1 day AUD 0.00 0.69 USD
6,900
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 200 1 day AUD 0.00 0.69 USD
6,899
Low minimum transfer amount of just AU$200, with no set-up fees or transfer fees. Go to site Show details
AUD 2,000 1 day AUD 0.00 0.69 USD
6,900
Limited offer: $50 Myer gift card for first time users transferring over $5,000 in May 2019. T&Cs apply.
Send 60+ currencies at competitive rates with $0 transfer fees for Finder customers. WorldFirst will beat any eligible quote from another provider.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 0.69 USD
6,900
$0 transfer fees for Finder customers.
$0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.
Go to site Show details
AUD 1 1 day AUD 0.00 0.689 USD
6,893
With global payments provider XE, enjoy fast and secure transfers and a range of foreign currency tools and calculators while benefiting from $0 transfer fees. Go to site Show details
AUD 3,000 1 day AUD 0.00 0.69 USD
6,899
Global Reach will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.
Go to site Show details
AUD 1 1 - 2 days AUD 45.00 0.693 USD
6,897
Make online transfers at the mid-market rate with transparent fees in 45+ currencies. Go to site Show details
AUD 1 Within an hour AUD 3.99 0.689 USD
6,891
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
AUD 200 1 - 2 days AUD 50.00 0.693 USD
6,890
Exclusive: Finder customers receive $15 off their first transaction. T&Cs apply.
Quick and simple international money transfers with zero-margin exchange rates. There's a flat 0.5% transfer fee for most transfers. Earn loyalty points on sign up, referral and every transaction.
Go to site Show details

Compare up to 4 providers


The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.

Updated May 25th, 2019
Name Product Minimum Opening Deposit Minimum Spreads for Major Currencies Commission Minimum Trade Size Platforms
AU$100
0.7 - 3.0 pips
$0
0.01 lots
Plus500 Web Trader
Finder exclusive bonus offer: Open a new trading account and receive a welcome bonus of AU$60 when you deposit your first $200 into the account and enter the bonus code “Special200”. T&C’s apply.
Open an account and experience Plus500's easy-to-use proprietary trading platform, 24/7 online chat support and free real-time forex quotes.
$0
0.6 - 1.5 pips
$0
1 lot
MetaTrader 4
ProReal Time
Introductory offer: For the first two weeks of trading, take advantage of IG's lower minimum trade sizes to help you build confidence.
Choice of trading platforms. Choose optional extras like advanced charting, reporting and order types. Over 90 currency pairs to choose from.
AU$3,000
0.6 - 1.1 pips
$0
5,000 units
SaxoTrader
SaxoTraderGO
Competitive spreads, plus integrated news spreads and reports from Saxo's team of in-house analysts.
$0
0.5 - 1.22 pips
$0
0.01 lots
MetaTrader 4
At Pro
Advantage Web
Choice of trading platforms, integrated Reuters news and device-synching so you can monitor trades across multiple devices.
$200
1.0 pip
$0
$200 (to CopyTrade)
eToro Trading Platform
Social trading, advanced charting tools, plus receive exclusive benefits through the eToro Club (membership is tiered based on the equity in your trading account).
US$200
0.0 - 0.1 pips
AU$3.50 per 100k traded
0.01 lots
MetaTrader 4
MetaTrader 5
cTrader
Choose from a range of fee-free funding methods, plus a suite of 10 different apps available as part of Pepperstone's Smarter Trading Tools.
AU$200
0.0 pips - 1.0 pips
$0
0.01 lots
MetaTrader 4
MetaTrader 5
WebTrader
Standard STP or raw ECN accounts available. Choose from 15 different trading platforms. A host of bonuses, rebates and promitions on offer to suite any trader.
AU$200
0.1 - 1.1 pips
$0
0.01 lots
MetaTrader 4
MetaTrader 5
Low minimum opening deposit, real-time news and pricing, and customisable alerts based on news or technical trading indicators.

Compare up to 4 providers

Factors affecting the AUD/USD forecast

There are a lot of factors affecting currency forecasts and even experienced forex traders will often be in disagreement. One of the starting points is looking at purchasing power for a sense of how much a currency is really worth, and therefore whether it’s over or undervalued.

Purchasing power refers to how much you can get for your money with the local currency in different countries. Purchasing power parity is how this differs between countries. It's often used as a starting point for valuing currencies because purchasing power is sometimes seen as the "true value" of a currency.

For example, if a basket of common household goods costs $100 in Australia, and an equivalent basket costs US$50 in the United States, then AUD$1 should theoretically be worth USD$2. If it's not, you can look at whether it's overvalued or undervalued as a starting point for your own currency forecast.

Interest rates are set by a country's central bank and refer to how much interest is paid on loaned money.

These interest rate changes affect inflation, consumer behaviour and international investment in a country, and other factors which all come together to change currency prices.

By itself:

  • Raising interest rates generally mean a rising currency value, as it attracts more foreign investment and demand for a country's currency.
  • Lowering interest rates generally means a lowering currency value, as does the opposite, and reduces foreign investment.
Other factors to consider include:

  • International trade. More exports than imports means more demand for a country's currency.
  • National debt and growth. Lower national debt and more growth bolsters confidence in a country's economic future and attracts more foreign investment.
  • Policy changes. Policy changes of many kinds can affect a currency's value.
  • Other markets. The value of a currency can be affected by other markets. For example, a booming stock market may take money from forex investments.
  • Speculation. Speculative currency trading can also impact the value of currencies.

There are a lot of factors which determine the value of a currency, and in the short run it tends to be a lot of cyclical ups and downs. But no matter which way it's going, it's always worth getting the best rates possible.

AUD to USD: Historical rate chart

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Updated: 25 May 2019 17:56:32 UTC
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TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Limited offer: $50 Myer gift card for first time users transferring over $5,000 in May 2019. T&Cs apply.
Send 60+ currencies at competitive rates with $0 transfer fees for Finder customers. WorldFirst will beat any eligible quote from another provider.

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