What is AUD/USD exchange rate?

AUD/USD is the Australian dollar and US dollar currency pair. It reflects how many US dollars are needed to buy one Australian dollar. For example, if the AUD/USD exchange rate is 0.69, this means that $0.69 (or 69 US cents) can be exchanged for a payment of AUD1 (or $1 Australian).

Why did AUD fluctuate in 2022?

In 2022, there was a fluctuation in the price of AUD, with ongoing global crises affecting the market significantly. The RBA said that Australia had a floating exchange rate, “meaning the movements in the Australian dollar exchange rate are determined by the demand for, and supply of, Australian dollars in the foreign exchange market”.

What's going on with AUDUSD in 2023?

Don't miss our 2023 AUDUSD forecast! The Australian Dollar is facing headwinds yet again against the US Dollar, as the central bank divergence theme is back in play in early 2023.

What is the AUD/USD forecast for 2025?

In its AUD/USD forecast for 2025, it expected the forex pair to reach 0.695 in December 2025, rising to 0.7053 by January 2028. Wallet Investor did not provide an AUD/USD forecast for 2030.