Australian Dollar (AUD)
The Australian dollar is a commodity currency and one of the most traded in Asia-Pacific. Australia exports iron ore, coal, liquefied natural gas and agricultural products, with China the largest buyer.
The latest available mid-market reference is 1 AUD = 0.6852 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Australian Dollar
Australia is a large exporter of iron ore, coal and gas, and the Australian dollar is often used as a liquid proxy for Chinese growth. It is among the ten most traded currencies and is sensitive to Asian demand.
A short history
The Australian pound was replaced by the Australian dollar in 1966. The currency was floated in 1983 and has not been pegged since.
What moves the Australian Dollar
Iron ore and coal prices, Chinese growth and the interest rate gap between the Reserve Bank of Australia and the Federal Reserve. The currency is also sensitive to global risk appetite.
Live AUD exchange rate
| Currency | 1 AUD equals |
|---|---|
| US Dollar (USD) | 0.6852 |
| Euro (EUR) | 0.6166 |
| British Pound (GBP) | 0.5156 |
| Japanese Yen (JPY) | 109.30 |
| Chinese Yuan (CNY) | 4.5814 |
| Indian Rupee (INR) | 64.3106 |
| Canadian Dollar (CAD) | 0.9758 |
| Swiss Franc (CHF) | 0.5700 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
AUD conversion pages
Other currency profiles
Australian Dollar questions
What is the Australian Dollar?
Australian Dollar (AUD) is used in the following countries and territories: Australia, Kiribati, Nauru and Tuvalu. Central bank: Reserve Bank of Australia. Exchange rate regime: free float.
Which countries use the Australian Dollar?
The Australian Dollar is used in the following countries and territories: Australia, Kiribati, Nauru and Tuvalu.
What affects the Australian Dollar exchange rate?
Iron ore and coal prices, Chinese growth and the interest rate gap between the Reserve Bank of Australia and the Federal Reserve. The currency is also sensitive to global risk appetite.