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Foreign currency exchange rates

Get live and historical exchange rates from AUD to all global currencies.

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An exchange rate is the value of one currency exchanged for another. Using our live exchange rates from AUD to all global currencies, you can calculate how much your money would be worth and use historical data from the last 10 years to forecast trends. Find out if you're getting the best deal and pick the best time to transfer with the strongest exchange rates.

How are exchange rates calculated?

Exchange rates, also known as foreign exchange rates, are calculated based on the currency values of the two currencies being exchanged. Let's look at the Australian dollar and US dollar currency pair exchange rate as of 25 November 2021:

  • If 1 AUD = 0.72 USD, you can buy 0.72 US dollars for every 1 AU dollar
  • If 1 USD = 1.39 AUD, you can buy 1.39 AUD dollars for every 1 US dollar

In this example, you would be able to buy USD$72 with $100 Australian dollars. However, keep in mind that exchange rates change frequently. Plus, because banks and money transfer providers need to make money, they often offer weaker rates compared to the rate seen on the news.

This is due to the fact that the exchange rate you see on the evening news is the 'interbank rate', or the mid-market rate. This is a rate used between banks when they buy and sell currency among themselves. The rate you receive will have a margin built into it, or other fees, which makes it less competitive than the mid-market rate. Therefore it's best to compare rates thoroughly before carrying out an exchange to get the best exchange rate.

Staying on top of trends can save you money when it comes to foreign currency exchange. Today $1 is worth...
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Get the latest exchange rates

Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.
1 - 20 of 23
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
TorFX
24 hours
$0

View details
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Send Payments
24 hours
$0

View details
Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
HSBC International Money Transfers
24 hours
From $8

View details
Get real time exchange rates when markets are open with flat $8 fee for online international transfers.
Western Union
Within minutes
From $0

View details
Western Union sends money online to friends and family in 200+ countries around the world.
OFX
24 hours
From $15

View details
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
XE Money Transfers
Within minutes
$0

View details
XE has fast transfers with low fees and a range of foreign currency tools.
TorFX
24 hours
$0

View details
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Send Payments
24 hours
$0

View details
Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
SingX
Within minutes
0.45%

View details
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.
Wise (TransferWise)
24 hours
From 0.35%

View details
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
Instarem
Within minutes
From 0%

View details
Instarem offers simple transfers with a flat 0.5% transfer fee for most transfers.
Remitly
Within an hour
From $2.99

View details
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
CurrencyFair
Within minutes
From $0

View details
Special offer: New customers get unlimited fee-free transfers for their first 3 months. T&Cs apply.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
WorldRemit
Within minutes
$1.99
SPECIAL OFFER ✓ Use the code ‘4FREEFINDER’ to get 4 free transfers if you are a first time user. Eligible countries only.

View details
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
MasterRemit
Within minutes
From $1

View details
Send money in minutes at competitive exchange rates with this Australian money transfer service.
SingX For Large Transfers
Within minutes
0.45%

View details
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.
WorldFirst Business Transfers
WorldFirst Business Transfers
24 hours
From $0

View details
All new customers who send more than AUD$10000 in June and July are eligible to receive a $300 Woolworths gift card. Conditions apply.
Open bank accounts in Australia, the UK, US, Canada, Japan and Europe. Send and receive funds with zero fees for large sums, including same-currency supplier payments.
Airwallex
Within minutes
$0

View details
Airwallex can help you make business payments to 23+ currencies using competitive interbank rates and no fees for most transfers.
TorFX Business Transfers
24 hours
$0

View details
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Send business
Within minutes
$0

View details
Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
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Compare up to 4 providers

Why do exchange rates matter?

Exchange rates change frequently. There is no guarantee that a rate you see today will be there tomorrow, or even in the next hour. Fluctuating exchange rates can affect a range of stakeholders:

  • Travellers. When you travel overseas, you may have less or more money to spend depending on the strengths or weaknesses of the currencies you're trading.
  • Locals. If your country has a strong foreign currency, you may see some imported items become cheaper while other items become more expensive.
  • Importers. If you import goods into your country, you may pay more or less — depending on how the rates have fluctuated — for the same goods.
  • Exporters. If you sell goods to other countries, you may pay more or less for the same goods.
  • Investors. Many trade in foreign currencies, so a drop in the value of a currency they're trading will mean losses, while a gain will see profits.

Knowing the value of your currency in relation to foreign currencies will help you understand your purchasing power or analyse your investments.

For example, if you are planning on traveling, knowing the exchange rate shows you your purchasing power so you know in advance what you can purchase with a certain amount of money. Or if you regularly send money overseas - for example, to your family - you'll want to know what the exchange rate is so you know how much money is actually reaching your destination.

What influences exchange rates?

Exchange rates are important factors of a country's economic performance. This is because countries depend on foreign trade with other countries across the world to sustain their economy.

Aside from demand and supply being major factors of exchange rates, there are a number of underlying factors which also have an impact:

  • Interest rates. Interest rates set by the country's central bank will affect the currency value of that country. If the bank has set higher interest rates, then lenders will see higher returns - which tends to attract foreign investors.
  • Terms of trade. The terms of trade of a country are determined by the balance between exports and imports. If a country's exports are in high demand, then that country will receive more revenue from its exports. This in turn leads to its currency being in high demand and therefore increasing in value.
  • Inflation. A country with lower rates of inflation will have a higher currency value because its purchasing power increases in comparison with other countries.
  • Political climate. Investors typically look for countries with a stable political climate so their capital is safely invested. Generally, countries with a stable political environment will have a strong economic performance and will attract more investors.
  • Public debt. A country with high public debt is likely to look to measures such as printing money in order to reduce the debt. When this happens, the currency value of that particular country will be reduced and this will lower its exchange rate.

Exchange rates from AUD to other currencies

Take a look at the live exchange rates from AUD to your chosen currency:

Frequently asked questions

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International Money Transfer Offers

Important Information*
Logo for Azimo International Money Transfers
Azimo International Money Transfers

Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.

Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.

Logo for MasterRemit International Money Transfers
MasterRemit International Money Transfers

New customers get their first transaction for free with code FIRSTFREE. T&Cs apply.
Send money in minutes at competitive exchange rates with this Australian money transfer service.

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

$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.

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