Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Australia

CCUSMA02AUM618N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.54

Year-over-Year Change

2.37%

Date Range

1/1/1957 - 6/1/2025

Summary

This economic trend measures the average daily exchange rate between the US dollar and the Australian dollar. It is an important indicator for international trade, investment, and economic policy analysis.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The US Dollar Exchange Rate: Average of Daily Rates for Australia tracks the daily average value of the US dollar compared to the Australian dollar. This provides a comprehensive view of the relative strength of the two currencies, which is crucial for businesses, investors, and policymakers engaged in cross-border economic activities.

Methodology

The data is collected by the US Federal Reserve based on daily currency market observations.

Historical Context

The exchange rate is a key consideration for economic policy, financial markets, and international commerce.

Key Facts

  • The US dollar is one of the world's major reserve currencies.
  • Australia is a key US trading partner and investment destination.
  • Exchange rates impact the prices of imported/exported goods and services.

FAQs

Q: What does this economic trend measure?

A: This trend measures the average daily exchange rate between the US dollar and the Australian dollar, providing insight into the relative strength of the two currencies.

Q: Why is this trend relevant for users or analysts?

A: The US-Australia exchange rate is crucial for businesses, investors, and policymakers engaged in international trade, investment, and economic analysis.

Q: How is this data collected or calculated?

A: The data is collected by the US Federal Reserve based on daily currency market observations.

Q: How is this trend used in economic policy?

A: Exchange rates are a key consideration for economic policymakers, as they impact international trade, investment, and the broader economy.

Q: Are there update delays or limitations?

A: The data is reported daily, with no significant update delays, providing a timely representation of the US-Australia exchange rate.

Related Trends

Citation

U.S. Federal Reserve, Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Australia (CCUSMA02AUM618N), retrieved from FRED.