Australia Exchange Rates and Real Effective Exchange Rates
DEC Alternative Conversion Factor: per USD
AU: DEC Alternative Conversion Factor: per USD data was reported at 1.486 USD/AUD in 2023. This records an increase from the previous number of 1.378 USD/AUD for 2022. AU: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 1.215 USD/AUD from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1.911 USD/AUD in 2002 and a record low of 0.678 USD/AUD in 1974. AU: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.;International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.;;In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
| Last | Frequency | Range |
|---|---|---|
| 1.486 2023 | yearly | 1960 - 2023 |
View Australia's DEC Alternative Conversion Factor: per USD from 1960 to 2023 in the chart:
Official Exchange Rate: Average: per USD
AU: Official Exchange Rate: Average: per USD data was reported at 1.505 USD/AUD in 2023. This records an increase from the previous number of 1.442 USD/AUD for 2022. AU: Official Exchange Rate: Average: per USD data is updated yearly, averaging 1.230 USD/AUD from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1.933 USD/AUD in 2001 and a record low of 0.697 USD/AUD in 1974. AU: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).;International Monetary Fund, International Financial Statistics.;;
| Last | Frequency | Range |
|---|---|---|
| 1.505 2023 | yearly | 1960 - 2023 |
View Australia's Official Exchange Rate: Average: per USD from 1960 to 2023 in the chart:
Real Effective Exchange Rate Index
AU: Real Effective Exchange Rate Index data was reported at 90.223 2010=100 in 2023. This records a decrease from the previous number of 90.744 2010=100 for 2022. AU: Real Effective Exchange Rate Index data is updated yearly, averaging 87.417 2010=100 from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 109.023 2010=100 in 2012 and a record low of 67.571 2010=100 in 2001. AU: Real Effective Exchange Rate Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.;International Monetary Fund, International Financial Statistics.;;
| Last | Frequency | Range |
|---|---|---|
| 90.223 2023 | yearly | 1980 - 2023 |