AUD to USD Exchange Rate

About AUD/USD

The AUD/USD currency pair represents the exchange rate between the Australian Dollar and the US Dollar, commonly known as "the Aussie." This is the fifth most traded forex pair globally and a major commodity currency. The Australian Dollar is heavily influenced by commodity prices (especially iron ore, coal, and gold, which Australia exports in large quantities), Reserve Bank of Australia monetary policy, China's economic health (Australia's largest trading partner), and global risk appetite. Higher commodity prices typically strengthen AUD.