The Australian Dollar to USD exchange rate is currently at USD 1.51 for both buying and selling, as per the open market rate on 16 August 2024. This rate is subject to fluctuations due to worldwide supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the exchange rate is crucial in order to get the best possible deal. Keeping track of the AUD to USD rate can help in making informed decisions when exchanging currencies.
Here is a comparison of the AUD to USD exchange rate with other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.78 | 0.78 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.17 | 7.17 |
| Euro (EUR) | 0.91 | 0.91 |
| Japanese Yen (JPY) | 149.09 | 149.09 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.87 | 0.87 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate on currencies, so individuals should be aware of this when making transactions.
For the most up-to-date exchange rates, individuals can refer to the country's top currency rates portal, which provides timely updates on inter-bank currency rates. Staying informed about exchange rates can help individuals make informed decisions when dealing with currency exchange.
