Australia to US Exchange Rate Calculator
Calculate your AUD to USD or USD to AUD conversions instantly, accounting for fees and market rates.
Understanding the AUD/USD Exchange Rate
The AUD/USD currency pair, often referred to by traders as the "Aussie," represents the value of the Australian Dollar relative to the United States Dollar. It is one of the most traded currency pairs globally due to Australia's significant role in the global commodities market.
When you see a rate of 0.65, it means that 1 Australian Dollar purchases 65 US cents. Conversely, if you are holding US Dollars and wish to buy Australian Dollars, you must divide your USD amount by this rate (or multiply by the inverse rate) to determine your return.
How This Calculator Works
Calculating the exact amount of money you will receive involves more than just multiplying by the Google exchange rate. Banks and transfer services typically charge fees or offer a "spread" on the exchange rate.
- AUD to USD: Formula = (Amount – Fee) × Rate
- USD to AUD: Formula = (Amount – Fee) ÷ Rate
Note: This calculator assumes fees are deducted from the sending currency before conversion, which is standard practice for international wire transfers.
Factors Influencing the "Aussie"
The exchange rate between Australia and the US is volatile and influenced by several macroeconomic factors:
- Commodity Prices: As a major exporter of iron ore, gold, and coal, the AUD often rises when commodity prices are high.
- Interest Rate Differentials: The difference between the Reserve Bank of Australia (RBA) cash rate and the US Federal Reserve interest rate drives investment flows.
- Economic Data: GDP growth, employment figures, and inflation data from both countries significantly impact investor sentiment.
- Global Risk Sentiment: The USD is considered a "safe haven" currency. In times of global economic uncertainty, investors often flock to the USD, causing the AUD to fall.
Tips for Getting the Best Rate
If you are planning a large transfer or travel, keep an eye on the mid-market rate. Banks often add a margin of 3-5% on top of this rate. Specialized foreign exchange brokers or modern fintech transfer services often offer rates closer to the mid-market rate with lower fixed fees.