AUD To USD: Australian Dollar To US Dollar Conversion

To convert an Australian dollar(AUD) to a US dollar (USD) is a common financial exchange for travellers, investors, and businesses. The exchange rate between these two currencies fluctuates regularly due to various economic factors like interest rates, economic policies, and global market trends. You can check financial news websites and banks or use a currency conversion tool online to find the current exchange rate. 

When converting AUD to USD, knowing the current exchange rate is important to ensure you get the best possible deal. Additionally, banks and exchange services might charge a fee for currency conversion, so it’s wise to compare rates and fees from different providers before converting. 

This informative blog will guide you through the conversion of AUD to USD with formulas and examples.

Overview of Australian Dollar (AUD)

The Australian Dollar, also denoted as AUD, is Australia’s official currency and is commonly used in international transactions involving Australia and some Pacific island states. It is one of the most traded currencies in the world. It is often referred to as “the Aussie” in forex markets.

The Australian dollar was launched on 14 February 1966 as Australia moved to decimal currency, replacing the old Australian pound. The exchange was set at two dollars for every pound. This change was a key part of Australia’s modernisation drive, making financial transactions and calculations easier.

History of Australian Dollar (AUD)

  • In 1966, the Australian pound was replaced by the Australian Dollar. The exchange rate was set at A£1 = A$2. 
  • The first AU dollar coins were introduced with denominations 1, 2, 5, 10, 20, and 50 cents.               
  •  In 1988, polymer based currency notes came into circulation. The key idea was to eliminate counterfeiting. Australia created a benchmark as it was the first nation to do so. 
  • In 2006, cent coins with the denomination 1 and 2 were taken out of circulation.

Overview of US Dollar (USD)

The United States Dollar, or USD, is the official currency of the United States. It is one of the world’s most powerful and widely used currencies for international transactions and as a reserve currency. It is divided into 100 smaller units called cents. Due to its wide acceptance, the value of the USD can influence global economic activities. The US economy is strong and steady, which helps the dollar play an important part in the world’s money matters, impacting global markets and policies.

History of US Dollar (USD)

  • The US dollar was declared as the official currency of the United States in 1785, with the introduction of the National Currency Act.
  • Earlier, a patchwork system was taken into consideration consisting of unreliable continental currencies, British pounds, along with certain other foreign currencies.
  • Initially, dollars came into circulation only through coin denominations.
  • In 1971, the gold standard was abandoned. At the same time, the Bretton Woods rate of exchange was also abandoned. 

AUD to USD Forecast

The following tables depict the AUD to USD forecast for 2022 and 2023. 

Month Open Low-High Close     Percent Total Percent
AUD to USD Forecast 2022
Feb 1.414 US$ 1.372-1.418 US$ 1.393 US$ -1.5 Percent -1.5 Percent
Mar 1.393 US$ 1.366-1.408 US$ 1.387 US$ -0.4 Percent -1.9 Percent
Apr 1.387 US$ 1.387-1.449 US$ 1.427 US$ 2.9 Percent 0.9 Percent
May 1.427 US$ 1.379-1.427 US$ 1.401 US$ -1.8 Percent -0.9 Percent
Jun 1.401 US$ 1.401-1.464 US$ 1.443 US$ 3.0 Percent 2.0 Percent
Jul 1.443 US$ 1.379-1.443 US$ 1.401 US$ -2.9 Percent -0.9 Percent
Aug 1.401 US$ 1.395-1.439 US$ 1.416 US$ 1.1 Percent 0.1 Percent
Sep 1.416 US$ 1.401-1.445 US$ 1.422 US$ 0.4 Percent 0.5 Percent
Oct 1.422 US$ 1.422-1.475 US$ 1.453 US$ 2.2 Percent 2.7 Percent
Nov 1.453 US$ 1.453-1.522 US$ 1.499 US$ 3.2 Percent 6.0 Percent
Dec 1.499 US$ 1.473-1.517 US$ 1.495 US$ -0.3 Percent 5.7 Percent
AUD to USD 2023 Forecast
Jan 1.495 US$ 1.449-1.495 US$ 1.471 US$ -1.6 Percent 4.0 Percent
Feb 1.471 US$ 1.471-1.517 US$ 1.495 US$ 1.6 Percent 5.7 Percent
Mar 1.495 US$ 1.456-1.499 US$ 1.477 US$ -1.2 Percent 4.4 Percent
Apr 1.477 US$ 1.468-1.513 US$ 1.490 US$ 0.9 Percent 5.3 Percent
May 1.490 US$ 1.427-1.490 US$ 1.447 US$ -2.9 Percent 2.3 Percent
Jun 1.447 US$ 1.383-1.447 US$ 1.404 US$ -3.0 Percent -0.7 Percent
Jul 1.404 US$ 1.404-1.453 US$ 1.433 US$ 2.1 Percent 1.3 Percent
Aug 1.433 US$ 1.433-1.499 US$ 1.477 US$ 3.1 Percent 4.4 Percent
Sep 1.477 US$ 1.414-1.477 US$ 1.435 US$ -2.8 Percent 1.5 Percent
Oct 1.435 US$ 1.372-1.435 US$ 1.393 US$ -2.9 Percent -1.5 Percent
Nov 1.393 US$ 1.332-1.393 US$ 1.351 US$ -3.0 Percent -4.5 Percent
Dec 1.351 US$ 1.300-1.351 US$ 1.319 US$ -2.4 Percent -6.7 Percent

Convert AUD to USD

To convert the Australian Dollar to US Dollar, you need to get familiar with the 1 AUD to USD value.

For instance, on 16th February 2022, 1 AUD to USD live rate was 0.72 United States Dollar.

To understand how AUD is converted into USD refer to the following examples. It will help you to break down the complexity of the AUD to US dollar conversion process. 

Note: We are using the 1 AUD to USD live rate of 16th February 2022.

Example 1: Convert 500 AUD to USD     

Here the value of 1 AUD to US dollar is 0.72.     

For 500 Australian dollars,

500*0.72= US$ 358.45

Example 2: Convert 200 AUD to USD     

Here the value of 1 AUD to US dollar is 0.72.     

For 200 Australian dollars,

200*0.72= US$ 143.38

Example 3: Convert 15000 AUD to USD     

Here the value of 1 AUD to US dollar is 0.72.     

For 15000 Australian dollars,

15000*0.72= US$ 10753.42

Example 4: Convert 4000 AUD to USD     

Here the value of 1 AUD to US dollar is 0.72.     

For 4000 Australian dollars,

4000*0.72= US$ 2867.58

Example 5: Convert 1500 AUD to USD     

Here the value of 1 AUD to US dollar is 0.72.     

For 1500 Australian dollars,

1500*0.72= US$ 1075.34

Example 6: Convert 300 AUD to USD     

Here the value of 1 AUD to US dollar is 0.72.      

For 300 Australian dollars,

300*0.72= US$ 215.07

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Example 7: Convert 2500 AUD to USD     

Here the value of 1 AUD to US dollar is 0.72.       

For 2500 Australian dollars,

2500*0.72= US$ 1792.24

Example 8: Convert 8000 AUD to USD     

Here the value of 1 AUD to US dollar is 0.72.      

For 8000 Australian dollars,

8000*0.72= US$ 5735.16

AUD to USD Conversion Chart

AU Dollars AUD to USD
1 AUD 1 AUD to USD is 0.72
5 AUD 5 AUD to USD is 3.58
10 AUD 10 AUD to USD is 7.17
15 AUD 15 AUD to USD is 10.75
20 AUD 20 AUD to USD is 14.34
25 AUD 25 AUD to USD is 17.92
30 AUD 30 AUD to USD is 21.51
35 AUD 35 AUD to USD is 25.09
40 AUD 40 AUD to USD is 28.68
45 AUD 45 AUD to USD is 32.26
50 AUD 50 AUD to USD is 35.84
100 AUD 100 AUD to USD is 71.69
150 AUD 150 AUD to USD is 107.53
200 AUD 200 AUD to USD is 143.38
250 AUD 250 AUD to USD is 179.22
300 AUD 300 AUD to USD is 215.07
350 AUD 350 AUD to USD is 250.91
400 AUD 400 AUD to USD is 286.76
450 AUD 450 AUD to USD is 322.60
500 AUD 500 AUD to USD is 358.45
550 AUD 550 AUD to USD is 394.29
600 AUD 600 AUD to USD is 430.14
650 AUD 650 AUD to USD is 465.98
700 AUD 700 AUD to USD is 501.83
750 AUD 750 AUD to USD is 537.67
800 AUD 800 AUD to USD is 573.52
850 AUD 850 AUD to USD is 609.36
900 AUD 900 AUD to USD is 645.21
950 AUD 950 AUD to USD is 681.05
1000 AUD 1000 AUD to USD is 716.89
1100 AUD 1100 AUD to USD is 788.58
1200 AUD 1200 AUD to USD is 860.27
1300 AUD 1300 AUD to USD is 931.96
1400 AUD 1400 AUD to USD is 1003.65
1500 AUD 1500 AUD to USD is 1075.34
2000 AUD 2000 AUD to USD is 1433.79
2500 AUD 2500 AUD to USD is 1792.24
3000 AUD 3000 AUD to USD is 2150.68
3500 AUD 3500 AUD to USD is 2509.13
4000 AUD 4000 AUD to USD is 2867.58
4500 AUD 4500 AUD to USD is 3226.03
5000 AUD 5000 AUD to USD is 3584.47
5500 AUD 5500 AUD to USD is 3942.92
6000 AUD 6000 AUD to USD is 4301.37
6500 AUD 6500 AUD to USD is 4659.82
7000 AUD 7000 AUD to USD is 5018.26
7500 AUD 7500 AUD to USD is 5376.71
8000 AUD 8000 AUD to USD is 5735.16
8500 AUD 8500 AUD to USD is 6093.61
9000 AUD 9000 AUD to USD is 6452.05
9500 AUD 9500 AUD to USD is 6810.50
10000 AUD 10000 AUD to USD is 7168.95

FAQ’s about AUD to USD

Q1. How much are 100 Australian Dollars in the US?

100 Australian Dollars equals 71.5072 USD.

Q2. Is the Australian Dollar stronger than the US dollar?

No, the Australian Dollar is weaker than the US dollar. 

Q3. Why is AUD so cheap?

Interest rates are the sole reason behind AUD currency being so cheap. The Reserve Bank of Australia has set the official rate of interest at 0.1 percent. 

Q4. What is the strongest currency?

Kuwaiti dinar is the strongest currency around the globe. The KWD or Kuwaiti Dinar came into force in 1960 and at that time, it was equal to 1 pound sterling.

Chitra Chaudhary A stellar writer with over 3 years of experience, Chitra loves to delve deep into all the nitty-gritty of finance, government and other technical topics people usually dread to attempt. With a masters in Computer Science, Chitra alchemises her analytical and creative prowess to manifest some of the most awesome articles for Square Yards.
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