Today's highest US dollars - Australian dollar exchange rates
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Compare USD-AUD exchange rates and fees before your next money transfer
| Sending 300 USD with | Your recipient gets | Exchange rate | Fees |
|---|---|---|---|
 | 418.17 AUD Check rates |
OFX USD to
AUD rate: 1 USD = 1.394 AUD | 0 USD |
 | 417.63 AUD Check rates |
CurrencyFair USD to
AUD rate: 1 USD = 1.392 AUD | 0 USD |
 | 416.34 AUD Check rates |
Wise USD to
AUD rate: 1 USD = 1.401 AUD | 3 USD |
 | 415.14 AUD Check rates |
Instarem USD to
AUD rate: 1 USD = 1.384 AUD | 0 USD |
 | 407.19 AUD Check rates |
WorldRemit USD to
AUD rate: 1 USD = 1.357 AUD | 0 USD |
 | 405.48 AUD Check rates |
MoneyGram USD to
AUD rate: 1 USD = 1.374 AUD | 5 USD |
 | 403.54 AUD Check rates |
Xendpay USD to
AUD rate: 1 USD = 1.398 AUD | 11 USD |
 | 388.43 AUD Check rates |
XE Money Transfer USD to
AUD rate: 1 USD = 1.387 AUD | 20 USD |
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How To Get the Best Exchange Rate For USD to AUD
The best way to take advantage of the current mid-market exchange rate from USD to AUD is to use Monito's comparison engine, which compares trusted international money transfer services that apply strong rates and low commission fees:
- Check the USD to AUD mid-market exchange rate above;
- Use Monito to compare services with low fees and strong rates;
- Sign up for the service with the highest rates and lowest fees;
- Confirm your transfer to Australian dollars.
Where To Find The Best USD to AUD Exchange Rate Today (Updated 2022)
Wise and CurrencyFair have far and away provided the cheapest transfers for USD to AUD between August 2021 to August 2022 on Monito.
OFX, Instarem, and Halo Financial came in the top 5 on average in the same 12-month period, but did not come close to offering the best USD to AUD exchange rate.
For this reason, we recommend you compare Wise and CurrencyFair with Monito's comparison engine if you want to exchange USD for AUD.
Big high street banks can exchange your USD for AUD, but they often apply weak exchange rates and they charge high fees. International money transfer specialists almost always offer lower transfer fees and better exchange rates when converting US dollars to Australian dollars.
About the USD to AUD Exchange Rate
Today's USD-AUD Commentary
The current USD-AUD exchange rate is today quite close to its lowest value of the past two weeks. The weakest value during this timeframe was USD 1 = AUD 1.3974 (it is now only 0.18% more than that), reached yesterday at 11:20 PM. The strong difference between the current low level of the USD-AUD exchange rate and the highest value (USD 1 = AUD 1.455) recorded during the past 14 days means that transferring 3,500 USD today converts to roughly 192 AUD less than if you had exchanged your money at the most advantageous moment of the past two weeks, that is on January 19.
Key facts about USD and AUD
About the US dollar
- Name:
- US dollar
- Symbol:
- $
- Minor unit:
- 1/100 Cent
- Central Bank:
- Federal Reserve Bank
- Countries:
- United States, American Samoa
- Rank in the most traded currencies:
- #1
About the Australian dollar
- Name:
- Australian dollar
- Symbol:
- $
- Minor unit:
- 1/100 Cent
- Central Bank:
- Reserve Bank of Australia
- Country:
- Australia
- Rank in the most traded currencies:
- #5
US dollars (USD) and Australian dollars (AUD) exchange rates with other main currencies
What Is an Exchange Rate?
An exchange rate is a rate at which one country's currency may be converted into another currency.
Bank dealers and traders buy and sell currency (such as USD and AUD) on the foreign exchange market, known as the interbank market. These kinds of transactions are being done by actors around the world every second of the day, which is why the mid-market exchange rate fluctuates up and down.
Beware of Exchange Rate Margins
What you need to know is that banks will not convert your USD to AUD at the real mid-market exchange rate. Instead, they will ask for your US dollars at a weak rate and sell you the Australian dollar at an expensive rate.
This difference between the mid-market rate and the provider's proposed rate is known as an exchange rate margin. This is often the cost that international money transfer customers overlook the most.
Is It a Good Time To Exchange USD to AUD?
The mid-market exchange rate fluctuates constantly. While it is difficult to time the market, you can save the headache of searching for a provider (and save money) by comparing money transfer providers in real time with Monito's comparison engine.
Why interbank traders buy and sell the way they do depends on a wide variety of complex factors. Some factors affecting currency exchange rates include inflation, federal interest rates, money printing, speculation, public debt, and a country's trade balance.
Online money transfer specialists have used technology and their financial leverage to access exchange rates that are as close to the mid-market rate as possible. As a result, they can potentially save you significant amounts of money when you transfer your USD to AUD.
Find Today's Best USD to AUD Exchange Rate in Sydney and Globally:
Frequently Asked Questions About the Best USD to AUD Exchange Rate
Top USD to AUD Money Transfer Guides
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