As of 22 April 2024, the Australian Dollar to USD buying exchange rate stands at USD 1.56, with the selling exchange rate for 1 Australian Dollar also at USD 1.56 in the open market. It's important to note that exchange rates between the Australian Dollar and US Dollar are subject to fluctuations due to global supply and demand dynamics.
Keeping track of currency exchange rates is crucial for individuals and businesses engaged in international transactions. By understanding the current exchange rate, you can make informed decisions when converting currencies to get the best possible value.
Current Exchange Rates
Here are the latest exchange rates for the Australian Dollar against various other currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.56 | 1.56 |
| British Pound (GBP) | 0.81 | 0.81 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.94 | 0.94 |
| Japanese Yen (JPY) | 154.64 | 154.64 |
| New Zealand Dollar (NZD) | 1.70 | 1.70 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's worth noting that while open market currency exchange rates provide a general indication of the value of a currency, banks may offer slightly different rates. Banks often charge a higher exchange rate compared to the open market, so it's advisable to compare rates before making any currency conversions.
For the most up-to-date information on inter-bank currency rates and to stay informed about the latest developments in the foreign exchange market, visit our website regularly for timely updates.
