Is the Australian dollar stronger than the US dollar?

Discover the latest on USD to AUD exchange rates here at Travelex. Compare the latest exchange rates with historic rates year on year. Visit Travelex now. read more

No, Australian Dollar (generally termed as AUD or Aussie) isn’t stronger than the US Dollar (USD or greenback). The pair which mentions the relative value of the AUD as compared to USD have been below 1.0000 mark since last more than three years. read more

The Australian dollar is worth more than the US dollar for the first time since it became a freely traded currency, following comments by the Federal Reserve chairman, Ben Bernanke, that the US was likely to pump more money into the struggling American economy. read more

A stronger Australian dollar is a mixed blessing for retailers. The merchandise they source from overseas becomes cheaper; and if they can get away with not passing on all of the savings they make on imported products to their customers, then their profit margins will be wider. read more