AUD to USD Transfers Compared

   

The AUD/USD has risen to near 0.6689, up 2.4% from its 3-month avg, driven by stabilizing inflation signals from the RBA. Meanwhile, the USD faces pressure amid Fed policy concerns and geopolitical tensions. Analysts suggest the AUD could strengthen further with improving global demand for exports

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What is the best Send Money conversion rate for AUD to USD?

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to US dollar (USD) rates from different sources before making a conversion.

The above Aussie to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest AUD-USD mid-rate and the possible savings of using various providers. 

How do AUD-USD rates compare between providers?

The next best is XE at 0.663, -0.61% from the mid-rate.

Then Wise at 0.6627, which is -0.66% from the mid-rate.

The Western Union rate is 0.6604 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 0.6455 at -3.2% the ANZ Bank rate is 0.6462 at -3.1% and the ING Bank rate is 0.6446 at -3.4% compared to the mid-rate 0.6671.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.