What is the USD to Australian dollar (AUD) exchange rate history?

Check out the USD to AUD history rates below. This is the US Dollar (USD) to Australian Dollar (AUD) exchange rate history summary page with 180 days of USD to AUD rate historical data from May 15, 2023 to November 9, 2023 This chart shows data from 2023-5-15 to 2023-11-9. The USD/AUD rate is up +5.39% in the last six months.

Why is the AUD worth so much?

Australia is one of the largest exporters of iron ore and coal in the world; hence, the value of AUD depends heavily on the prices of commodities. During the 2015 energy recession, oil prices reached a ten-year low, and the prices of both iron ore and coal plunged to a recent low.

Is the Australian dollar down in value?

This chart shows data from 2023-5-11 to 2023-11-7. The AUD/USD rate is down -4.03% in the six months. This means the Australian Dollar has decreased in value compared to the US Dollar. To view rates between the Australian Dollar and the US Dollar for a particular year, click on one of the links below.

Why is AUD important in forex trading?

As a consequence, the Australian dollar was drastically devalued, falling more than 15% against the United States dollar and reaching equilibrium with the New Zealand dollar (NZD) – a level not seen since the 1970s. The importance of AUD among forex traders is related to the country’s geography, geology, and government policy.