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AUD to USD forecast – September 2020

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

Updated

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

= $ 0.7306

Refreshing in: 60s | Fri, Sep 18, 02:23PM GMT

Compare to find the best rate
  • Cheap transfers
  • Bank-beating exchange rates
  • Safe and reliable

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.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 2,000 1 day AUD 0.00 0.728 USD
7,277
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 2,000 1 day AUD 0.00 0.728 USD
7,277
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.728 USD
7,277
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 0.728 USD
7,277
$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.
Go to site Show details
GBP 3,000 1 day AUD 0.00 0.728 USD
7,277
Global Reach will match any competitor's exchange rates. Conditions apply.
Get no fees for both business and personal transfers when you send your money overseas with Global Reach.
Go to site Show details
AUD 1 1 day AUD 52.00 0.727 USD
7,232
Pay no fees on your first two transfers, up to $3,000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.723 USD
7,231
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
AUD 1 Same day AUD 0.00 0.727 USD
7,269
Get fast transfers with no fees and a range of foreign currency tools. Go to site Show details
AUD 1 Same day AUD 3.99 0.722 USD
7,215
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details
AUD 200 1 - 2 days AUD 50.00 0.729 USD
7,252
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.
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.

Data indicated here is updated regularly
Name Product Minimum Opening Deposit Minimum Spreads for Major Currencies Commission Minimum Trade Size Platforms
Plus500 Forex Trading
AUD 100
0.7 - 3.0 pips
$0
0.01 lots
Plus500 Web Trader
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
Finder exclusive offer: Open a new trading account and receive a welcome bonus of AU$110 when you deposit your first $370 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.
IG Forex Trading
AUD 0
0.6 - 1.5 pips
$0
1 lot
MetaTrader 4
ProReal Time
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
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.
eToro Forex Trading
USD 50
1.0 pips
$0
US$200 (to CopyTrade)
eToro Trading Platform
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
Social trading, advanced charting tools, plus receive exclusive benefits through the eToro Club (membership is tiered based on the equity in your trading account).
IC Markets Forex Trading (Raw Spread account)
USD 200
From 0.0-0.1 pips
AU$3.50 per 100k traded
0.01 lots
MetaTrader 4
MetaTrader 5
cTrader
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
City Index Forex Trading
AUD 0
0.5 - 1.22 pips
$0
0.01 lots
MetaTrader 4
At Pro
Advantage Web
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
Choice of trading platforms, integrated Reuters news and device-synching so you can monitor trades across multiple devices.
Blueberry Markets Forex Trading
$100
From 0.0 pips
$0
0.01
MetaTrader4, MetaTrader5
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
Bottom of the market fees on forex, CFDs and commodities with 24/7 quality customer service.
CMC Markets
$0
0.7 - 1.5 pips
$0
0.01 lots
CFD Next Generation
MetaTrader 4
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
Pepperstone Forex Trading (Razor Account)
USD 200
0.0 - 0.1 pips
AU$3.50 per 100k traded
0.01 lots
MetaTrader 4
MetaTrader 5
cTrader
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
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.
FP Markets (Standard Account)
AUD 200
0.1 - 1.1 pips
$0
0.01 lots
MetaTrader 4
MetaTrader 5
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
Low minimum opening deposit, real-time news and pricing, and customisable alerts based on news or technical trading indicators.
loading

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

1
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Updated: 18 Sep 2020 14:23:05 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.

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SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

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Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.

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