As of 20 August 2024, the Australian Dollar to US Dollar exchange rate stands at USD 1.48 for both buying and selling rates in the open market. This rate is subject to fluctuations based on global supply and demand dynamics.
For individuals or businesses looking to convert currency, understanding the current exchange rate is crucial in order to get the best value for their money. The table below provides a snapshot of the AUD to USD exchange rate as well as rates for other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.48 | 1.48 |
| British Pound (GBP) | 0.77 | 0.77 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Chinese Yuan (CNY) | 7.13 | 7.13 |
| Euro (EUR) | 0.90 | 0.90 |
| Japanese Yen (JPY) | 145.35 | 145.35 |
| New Zealand Dollar (NZD) | 1.62 | 1.62 |
| Swiss Franc (CHF) | 0.85 | 0.85 |
It is important to note that while open market rates provide a general indication of exchange rates, banks may offer slightly different rates due to various factors. Banks typically charge a higher exchange rate compared to the open market.
For the most up-to-date information on inter-bank currency rates, individuals can refer to the country's top currency rates portal, which regularly updates exchange rates to help users make informed decisions when converting currencies.
