Market Updates

Australian Dollar Monthly

A summary of movements in the Australian dollar over the last month.

Take a look at how the Australian Dollar has traded over the last month compared to its fair value and learn more about its comparative performance against other major currencies.

  • 01 Sep 2023 AUD Monthly August 2023

    The Australian dollar was one of the weaker members of the G10 currency basket in August 2023, surpassed only by the Scandi currencies and the Kiwi dollar. The Aussie dollar dropped to its lowest levels against the USD since November 2022, but found support at US$0.64. The decline of the AUD/USD pair was both due to weakness in the AUD and the USD’s strength.

  • 02 Aug 2023 AUD Monthly July 2023

    The Australian dollar was one of the weaker members of the G10 currency basket in July, climbing only against the greenback and Canadian dollar and being unchanged against the euro. The rise against the big dollar was in part driven by USD weakness.

  • 03 Jul 2023 AUD Monthly June 2023

    The Aussie gained 2.5% against the greenback in June. This was the Aussie’s first positive month against the greenback since January.

  • 01 Jun 2023 AUD Monthly May 2023

    The Australian dollar was one of the strongest members of the G10 currency basket in May but was mixed against the big four currencies, appreciating against the euro and Japanese yen but slipping against the US dollar and British pound.

  • 01 May 2023 AUD Monthly April 2023

    The Australian dollar declined against most of the G10 currency basket in April, closing the month ahead of only the New Zealand dollar, Norwegian krone, and the weak Japanese yen.

  • 03 Apr 2023 AUD Monthly March 2023

    The Australian dollar traded in a narrow range against the USD in March and was one of only two members of the G10 currency basket, along with the Norwegian krone, to lose value against the US dollar over the course of the month.

  • 01 Mar 2023 AUD Monthly - February 2023

    The Australian dollar opened February in a strong position but by the end of the month was the weakest of the G10 currencies.

  • 01 Feb 2023 AUD Monthly - January 2023

    The Australian dollar climbed through most of January after a choppy start and was the strongest member of the G10 currency basket over the course of the month.

  • 03 Jan 2023 AUD Monthly - December 2022

    The Aussie dollar posted a small increase against the greenback in December.

  • 01 Dec 2022 AUD Monthly - November 2022

    The Australian dollar posted its first monthly rise against the greenback in four months in November. Gaining 6.1% as the US dollar index fell for the second month in a row after hitting a 20-year high in late September. This was the biggest monthly increase in the exchange rate since April 2020 when the Aussie rebounded after slumping to as low as USD0.5743 in the early days of the pandemic.

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