United States dollar australian dollar history for July 2023. The highest quote for this month is 1.5019 (05/07/2023) and the lowest 1.4923 (05/07/2023). The difference between high and low is 0.64.
USD AUD average rate for July 2023 is 1.49357, the change between 01/07/2023 and 31/07/2023 is -0.48 %.
| 05 July 2023 | 1 USD = 1.494 AUD |
| 25 July 2023 | 1 USD = 1.485 AUD |
| 31 July 2023 | 1 USD = 1.501 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 $0.60 against the US dollar.
30/06/1996: Introduction of the polymer banknotes
Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.
08/03/1983: Floating of the Australian dollar
The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.
12/12/1971: End of the fixed exchange rate
Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.
13/02/1966: Decimalisation of the Australian currency
Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.