AUDUSD exchange rate

AUD/USD

0.7169 USD

-0.00 (-0.06%)

1MN

AUDUSD Key Statistics

Open price

0.71726

High today

0.71814

Low today

0.71519

52 Week high

0.7277

52 Week low

0.64141

Trading hours

-12:00

-11:00

-10:00

-09:00

-08:00

-07:00

-06:00

-05:00

-04:00

-03:00

-02:00

-01:00

UTC 00:00

+01:00

+02:00

+03:00

+03:30

+04:00

+04:30

+05:00

+05:30

+05:45

+06:00

+07:00

+08:00

+09:00

+09:30

+10:00

+11:00

+12:00

+12:45

+13:00

+14:00

UTC 00:00

Symbol trading specification

Trade AUD/USD

About AUDUSD

AUD USD is the world's 4th most popular and actively traded currency pair, thus characterized by high volume and volatility. The AUDUSD pair, also known as the "Aussie," accounts for about 5% of the forex market in volume. The AUDUSD rates show how many US dollars are needed to buy one Australian dollar.

What is AUD USD?

In this currency pair, AUD is the base currency, and USD is the quoted currency. It means that when investors buy AUDUSD, they are buying Australian dollars and selling US dollars; when traders sell AUDUSD, they are selling Australian dollars and buying US dollars.

Moreover, the pair is the fifth most traded currency known for its historical volatility, meaning it can experience large price swings over short periods. It makes it a famous currency pair for traders looking to take advantage of short-term price movements. Investors eager to learn how to invest in AUDUSD should pay attention to that strategy.

How does the AUDUSD work?

The AUDUSD is more liquid, has relatively attractive spreads, and is linked to global economic trends. Due to these reasons, investors and traders buy or sell the AUDUSD pair on the forex market. It's done through a broker or trading platform. They use the currency pair to speculate on the direction of the exchange rate, either by taking a long position (buying the pair) or a short position (selling the pair). Also, investors willing to find out how to trade AUDUSD use technical and fundamental analysis to analyze market trends and make trading decisions.

AUDUSD price history

Due to multiple factors, the AUDUSD has experienced multiple rises and falls in history. Investors and traders must go through the pair's pricing history before deciding. That's why the past five years' pricing history of AUDUSD has been highlighted below:

2018

On Monday, 1st January 2018, the AUDUSD exchange rate value was 0.7796 USD and dropped to 0.704 USD on 31st December 2018. The average value was 0.7475 USD, and the best and worst exchange rates were 0.8114 USD and 0.7034 USD, respectively.

2019

This year started with an AUDUSD value of 0.7047 and ended at 0.7015. The best and the worst values were 0.727 and 0.6694 USD, with an average exchange rate of 0.6954 USD.

2020

The year started with an exchange rate of 0.7017 USD and ended at the best rate, i.e., 0.7699 USD, with an average of 0.6906 USD. However, the worst exchange rate observed was 0.5741.

2021

On 1st January 2021, the exchange rate was 0.7693 USD, and 0.7269 USD on 31st December 2021. The year's best value was 0.7978 USD, and 0.6998 USD was the worst, with an average rate of 0.7513 USD.

2022

The year started at 0.7265 USD and ended at 0.6805 USD. The average was 0.69199, and the worst and the best values were 0.6199 USD and 0.7585 USD, respectively.

Current AUDUSD exchange rate

The current AUDUSD exchange rate can be checked on the chart above and on the SimpleFX Webtrader platform.

Is AUDUSD a good investment?

Investing in AUDUSD can be profitable but risky at the same time. Several factors may influence the decision whether to invest or not. Investing in the AUDUSD pair diversifies the investors' portfolios and reduces risks. Moreover, Australia has higher interest rates than America, and the Reserve Bank of Australia (RBA) has signaled further raises in the future. It could create yield opportunities for investors in the currency pair. As commodity prices can influence the AUDUSD exchange rate, they could expose investors to the commodity market and potential profit opportunities.

Traders eager to learn how to invest in forex can use technical analysis to identify potential trading opportunities in the AUDUSD pair. SimpleFX provides historical charts that enable investors to make more informed decisions.