Why did AUD fluctuate in 2022?

In 2022, there was a fluctuation in the price of AUD, with ongoing global crises affecting the market significantly. The RBA said that Australia had a floating exchange rate, “meaning the movements in the Australian dollar exchange rate are determined by the demand for, and supply of, Australian dollars in the foreign exchange market”.

What is the AUD/USD exchange rate forecast for 2025?

WalletInvestor ’s algorithm-based Australian dollar forecast for 2025 as of 20 February saw the AUD/USD exchange rate closing the year at 0.691. WalletInvestor did not give an Australian dollar forecast for 2030 – the closest forecast to that date amounted to a potential rate of 0.7048 in late February 2028.

What is AUD to USD exchange rate?

Current AUD to USD exchange rate equals 0.6565 US Dollars per 1 AU Dollar. Today's range: 0.6526-0.6574. Yesterday's rate 0.6551. The change for today +0.0014 US Dollars, +0.21%. Inverse rate: USD to AUD. AUD to USD forecast for tomorrow, this week and month. AU Dollar to US Dollar forecast by day. AUD TO USD FORECAST 2023, 2024 - 2027.

Why has AUDUSD soared in recent years?

This pair's popularity soared because traders were attracted to the interest rate differential of the pair. This has waned in recent years due to economic volatility worldwide. AUDUSD - LONG We had strong bullish volume the last few days followed by a slight push back down to the downside to a previous key level.