USD/AUD: what to know
The USD/AUD rate shows how much AUD you get for 1 USD. Right now, 1 USD buys 1.4328 AUD at the mid-market rate. In the other direction, 1 AUD is worth 0.6979 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while AUD responds to commodity prices and Chinese demand.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit.
Available archived USD/AUD observations within the last 365 days range from 1.3780 to 1.5515, with a -7.25% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.