United States dollar australian dollar history for August 2023. The highest quote for this month is 1.5702 (17/08/2023) and the lowest 1.561 (20/08/2023). The difference between high and low is 0.59.
USD AUD average rate for August 2023 is 1.5368, the change between 01/08/2023 and 31/08/2023 is -4.67 %.
| 01 August 2023 | 1 USD = 1.489 AUD |
| 04 August 2023 | 1 USD = 1.524 AUD |
| 07 August 2023 | 1 USD = 1.521 AUD |
| 08 August 2023 | 1 USD = 1.522 AUD |
| 10 August 2023 | 1 USD = 1.530 AUD |
| 12 August 2023 | 1 USD = 1.538 AUD |
| 14 August 2023 | 1 USD = 1.540 AUD |
| 15 August 2023 | 1 USD = 1.541 AUD |
| 17 August 2023 | 1 USD = 1.559 AUD |
| 20 August 2023 | 1 USD = 1.561 AUD |
| 21 August 2023 | 1 USD = 1.559 AUD |
| 28 August 2023 | 1 USD = 1.558 AUD |
18/03/2020: COVID-19 pandemic impact
The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.
13/10/2011: Record high exchange rate
The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.
06/10/2008: Global Financial Crisis
The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.
30/06/1996: Introduction of the polymer banknotes
Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.
08/03/1983: Floating of the Australian dollar
The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.
12/12/1971: End of the fixed exchange rate
Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.
13/02/1966: Decimalisation of the Australian currency
Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.