The Australian dollar rose to around $0.70 on Monday, snapping a two-session losing streak, as investors turned their focus to the upcoming release of the latest minutes from the Reserve Bank of Australia. Although Governor Michelle Bullock has already discussed the board’s decision in press conferences and during two federal parliamentary hearings, Tuesday’s minutes are expected to provide deeper insight into the rationale behind the recent 25 bps rate hike. The governor signaled that a renewed uptick in inflation left the central bank with little choice but to tighten policy, noting that the strength of consumer spending and business investment had been unexpected for the board. Markets are also looking ahead to Q4 wage data on Wednesday and January’s labor market report on Thursday, both of which are expected to offer further clues about the monetary policy outlook and the broader state of the economy.

The AUD/USD exchange rate rose to 0.7084 on February 16, 2026, up 0.17% from the previous session. Over the past month, the Australian Dollar has strengthened 5.51%, and is up by 11.45% over the last 12 months. Historically, the Australian Dollar reached an all time high of 1.49 in December of 1973. Australian Dollar - data, forecasts, historical chart - was last updated on February 16 of 2026.

The AUD/USD exchange rate rose to 0.7084 on February 16, 2026, up 0.17% from the previous session. Over the past month, the Australian Dollar has strengthened 5.51%, and is up by 11.45% over the last 12 months. The Australian Dollar is expected to trade at 0.71 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 0.73 in 12 months time.



Crosses Price Day Year Date
AUDUSD 0.7084 0.0012 0.17% 11.45% Feb/16
EURAUD 1.6739 -0.0043 -0.26% 1.49% Feb/16
GBPAUD 1.9262 -0.0040 -0.21% -3.02% Feb/16
AUDNZD 1.1721 0.0003 0.03% 5.68% Feb/16
AUDJPY 108.6210 0.6285 0.58% 12.80% Feb/16
AUDCNY 4.8792 -0.0044 -0.09% 5.68% Feb/16
AUDCHF 0.5455 0.0022 0.41% -4.72% Feb/16
AUDCAD 0.9648 0.0013 0.13% 7.03% Feb/16
AUDMXN 12.1524 0.0026 0.02% -5.77% Feb/16
AUDINR 64.2228 0.1820 0.28% 16.34% Feb/16
AUDBRL 3.7057 0.0147 0.40% 2.29% Feb/16
AUDRUB 54.3258 0.1190 0.22% -6.58% Feb/16
AUDKRW 1,021.3188 2.6184 0.26% 11.41% Feb/16
AUDIDR 11,912.2337 6.5217 0.05% 15.49% Feb/16
AUDARS 991.0831 1.6252 0.16% 47.19% Feb/16
AUDCZK 14.4838 0.0369 0.26% -4.66% Feb/16
AUDDKK 4.4610 0.0100 0.23% -1.35% Feb/16
AUDHUF 225.3991 -0.0704 -0.03% -7.41% Feb/16
AUDMYR 2.7667 0.0033 0.12% -1.83% Feb/16
 Currencies
 AUD...
 ...AUD



Related Last Previous Unit Reference
United States Inflation Rate 2.40 2.70 percent Jan 2026
Australia Inflation Rate 3.80 3.40 percent Dec 2025
Australia Interest Rate 3.85 3.60 percent Feb 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jan 2026
United States Unemployment Rate 4.30 4.40 percent Jan 2026
Australia Unemployment Rate 4.10 4.30 percent Dec 2025

Australian Dollar
The AUDUSD spot exchange rate specifies how much one currency, the AUD, is currently worth in terms of the other, the USD. While the AUDUSD spot exchange rate is quoted and exchanged in the same day, the AUDUSD forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
0.71 0.71 1.49 0.48 1971 - 2026 Daily

News Stream
Australian Dollar Rebounds Ahead of RBA Minutes
The Australian dollar rose to around $0.70 on Monday, snapping a two-session losing streak, as investors turned their focus to the upcoming release of the latest minutes from the Reserve Bank of Australia. Although Governor Michelle Bullock has already discussed the board’s decision in press conferences and during two federal parliamentary hearings, Tuesday’s minutes are expected to provide deeper insight into the rationale behind the recent 25 bps rate hike. The governor signaled that a renewed uptick in inflation left the central bank with little choice but to tighten policy, noting that the strength of consumer spending and business investment had been unexpected for the board. Markets are also looking ahead to Q4 wage data on Wednesday and January’s labor market report on Thursday, both of which are expected to offer further clues about the monetary policy outlook and the broader state of the economy.
2026-02-16
Aussie Dollar Near 3-Year Peak on RBA Hawkish Outlook
The Australian dollar hovered to around $0.71, trading near three-year highs after the central bank signaled a hawkish policy outlook. RBA Governor Michele Bullock said the board remains ready to lift rates further if inflation proves persistent, describing any inflation “with a three in front of it” as unacceptable. Her comments reinforced warnings from Deputy Governor Hauser, who noted just a day earlier that inflation remains too high and continues to pose a major challenge for the rate-setting board. A consumer survey was released shortly after Bullock's speech showing inflation expectations jumped to 5% in February, the highest since mid-2025, reinforcing the hawkish tone. Speaking at Perth, Assistant Governor Hunter added that she expects the labor market to remain tight and inflation above target for some time. Economists now widely expect a possible rate hike in May, as the RBA weighs first-quarter inflation data alongside upcoming employment and GDP reports.
2026-02-12
Australian Dollar Hits 3½-Year High
The Australian dollar strengthened to around $0.71 on Wednesday, hitting its highest level since August 2022 after RBA Deputy Governor Andrew Hauser warned that inflation remains too high. He said the central bank is prepared to tighten further if needed to return inflation to the 2–3% target band, noting some pressures are supply-driven and may persist. Hauser also emphasized that Australia’s economy is broader than the resources sector, with domestic demand holding up despite higher rates. His remarks reinforced a continued tightening bias, keeping the risk of another rate hike alive unless inflation surprises earlier. Markets currently imply a 74% chance of a May rate increase to 4.1%, with a total of 38 basis points of additional tightening priced in for the remainder of the year. Elsewhere, the Chinese-proxy Aussie faced some pressure after slower-than-expected consumer inflation and ongoing producer price deflation in China signaled weaker demand for Australian exports.
2026-02-11