what is the aud to usd exchange rate

The AUD/USD is one of the world’s top-traded currency pairs. Trading the AUD/USD is also known colloquially as trading the “Aussie.” So in conversation, you might hear a trader say, “We bought the Aussie at 7495 and it rose 105 pips to 7600.” Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. Our currency rankings show that the most popular Australian Dollar exchange rate is the AUD to USD rate.

what is the aud to usd exchange rate

These are the average exchange rates of these two currencies for the last 30 and 90 days. AUD/USD (sometimes written AUDUSD) is the abbreviation for the Australian dollar and U.S. dollar currency pair or cross. The AUD/USD is the fifth most traded currency as of 2022 but the AUD is not one of the six currencies that make up the U.S. dollar index (USDX).

Assuming no other changes, the Australian dollar will hold its value, and the relative value of the pair increases due to a strengthening of the Australian dollar when compared to the U.S. dollar.

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In this case, the Australian Dollar (abbreviated AUD) is considered the base currency, and the U.S. Dollar (abbreviated USD) is considered the quote currency, or the denomination in which the price quote is given. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. This information is made available for informational purposes only.

What Is AUD/USD (Australian Dollar/U.S. Dollar)?

The correlation with USD/CAD could also be due to the positive correlation between the Canadian and Australian economies (both resource-dependent). The AUD/USD is affected by factors that influence the value https://www.fx770.net/ of the Australian dollar and/or the U.S. dollar in relation to each other and other currencies. A currency pair tells the reader how much of one currency is needed to purchase one unit of another currency.

  1. AUD/USD (sometimes written AUDUSD) is the abbreviation for the Australian dollar and U.S. dollar currency pair or cross.
  2. Check live rates, send money securely, set rate alerts, receive notifications and more.
  3. This information is made available for informational purposes only.
  4. These are the highest points the exchange rate has been at in the last 30 and 90-day periods.

The interest rate differential between the Reserve Bank of Australia (RBA) and the Federal Reserve (Fed) will affect the value of these currencies when compared to each other. When the Fed intervenes in open market activities to make the U.S. dollar weaker, for example, the value of the AUD/USD pair could increase. This happens because the Fed’s actions move more U.S. dollars into bank circulation, thus increasing the supply of U.S. dollars, and placing downward pressure on the price of the currency.

USD – US Dollar

Live tracking and notifications + flexible delivery and payment options. Check live rates, send money securely, set rate alerts, receive notifications and more. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Since 1995, the Xe Currency Converter has provided free mid-market exchange rates for millions of users. Our latest currency calculator is a direct descendent of the fast and reliable original “Universal Currency Calculator” and of course it’s still free!

These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. The AUD/USD tends to have a negative correlation with the USD/CAD, USD/CHF, and USD/JPY pairs because the AUD/USD is quoted in U.S. dollars, while the others are not.

AUD/USD (Australian Dollar/U.S. Dollar): Definition and History

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