Exchange Rate in Australia
Annual inflation came in at 7.0% in Q1, down from Q4’s 7.8%, which had marked the highest reading since Q2 1990. Therefore, inflation moved closer to the Reserve Bank’s 2.0–3.0% target band. Inflation is set to ease further ahead amid a waning base effect, but accelerating wage growth, statistical carryover and pass-through effects will keep it high.
Australia Exchange Rate Chart
This chart displays Exchange Rate (LCU per USD, aop) for Australia from 2013 to 2022.
Australia Exchange Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (USD per AUD, aop) | 0.77 | 0.75 | 0.70 | 0.69 | 0.75 |