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  • US Dollar rates falling as interest rates to rise

    28 November 2015

    For just over 12 months now the U.S Federal Reserve, which is the central bank in America have been discussing and looking at raising interest rates. This has been making the US Dollar more expensive - read more about US Dollar exchange rates here.

  • Technical Levels for GBP/EUR exchange rates

    27 November 2015

    GBP/EUR rates have seen a 10 cent increase since October, welcome news to anyone needing to transfer Euros abroad. What's in store next for GBP-EUR and what's the technical view on current exchange rates?

  • Why Is The Rand So Cheap?

    26 November 2015

    Over the course of this year to date, the South African Rand has weakened by over 20 percent against sterling. Get the latest news on exchange rates and request a quote for your money transfer to South Africa.

Australian Dollar

Australian Dollar Rates

For a live quote on the Australian Dollar, simply fill in your details on the form above and an FSA-regulated currency expert will be in touch with a competitive quote.


Latest Aussie Dollar Rates

Please see our latest exchange rates page for the most up-to-date mid-market rate.


Recent Trading Range

In 2011, the Australian Dollar traded between 1.4806 and 1.6373 against the Pound.


Latest Australian Dollar Exchange Rate News

Please see our news section for the latest currency news affecting worldwide exchange rates.

You can also visit our dedicated page on Australian Money Transfers, including timescales and information needed to make your transfer.


Overview - AUD

The Australian Dollar or “the Aussie” as it is colloquially known, is the currency of the Commonwealth of Australia, comprising Australia itself and various pacific islands. It is not pegged to any other world currencies, although was formerly to both Sterling and the US dollar, before being floated in 1983. A couple of smaller Pacific nations peg their own currencies to the Australian Dollar.


The Aussie is the world’s fifth most traded currency, gaining its popularity mainly due to its comparatively high interest rates – making it a high yielding investment. The Australian economy and political system are both considered very stable, which also add to its popularity.


The main factor affecting the movements of the Australian Dollar is the worldwide commodities market. Australia’s balance of trade depends primarily on commodity exports such as minerals and agricultural products. Therefore the relative value of the Aussie varies significantly during the business cycle, rallying during global booms and falling when mineral prices slump. This movement is in the opposite direction to reserve currencies, which tend to be stronger during slumps as traders move value from falling stocks into safer currencies.


One of the other factors that affects the Australian Dollar is the carry trade, where investors borrow a low yielding currency and exchange to a high yielding currency, such as the Aussie, before realising their profit as the market moves. When they make the initial investment and then realise the profit are both times when the AUD exchange rate is at its most volatile.


In cash terms the Australian Dollar is famed for using very colourful polymer notes and also utilising state of the art security measures, such as transparent windows with hidden images of Captain Cook, not used anywhere else on earth.