On November 8, 2023, the Reserve Bank of Australia (RBA) increased the interest rate by 0.25 percentage points, bringing the interest rate to 4.35 percent. This was the thirteenth interest rate increase by the RBA since November 4, 2020, which saw the interest rate drop to a record 0.1 percent.

The benchmark interest rate in Australia was last recorded at 4.10 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The interest rate of bank accepted bills/negotiable certificates of deposit for Australian banks has fallen slightly over the last decade. From a peak of around five percent from late 2010 to late 2011, interest rates on three and six month bills/certificates had fallen to 0.01 and 0.03 percent respectively as of September 2021 . Notably, these rates were below the the official Reserve Bank of Australia (RBA) target cash rate of 0.1 percent. Primarily, the reason for this is that the RBA was more concerned with ensuring banks have liquidity than intervening so that the cash rate is consistent with its target rate, and to this end RBA used new methods to inject funds into banks since the coronavirus (COVID-19) pandemic. As of May 2024, the interest rates on three and six month bills/certificates increased to 4.36 and 4.61 percent, respectively.

Exchange Rate: RBA: Thai Baht to Australian Dollar data was reported at 21.230 AUD/THB in Feb 2025. This records an increase from the previous number of 20.970 AUD/THB for Jan 2025. Exchange Rate: RBA: Thai Baht to Australian Dollar data is updated monthly, averaging 25.435 AUD/THB from Jan 2010 (Median) to Feb 2025, with 182 observations. The data reached an all-time high of 33.220 AUD/THB in Jul 2012 and a record low of 20.160 AUD/THB in Mar 2020. Exchange Rate: RBA: Thai Baht to Australian Dollar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M009: Exchange Rate.

Australia Foreign Exchange Transactions: RBA: Other Outright data was reported at 944.000 AUD mn in Jan 2025. This records a decrease from the previous number of 1,365.000 AUD mn for Dec 2024. Australia Foreign Exchange Transactions: RBA: Other Outright data is updated monthly, averaging 205.000 AUD mn from Jan 1995 (Median) to Jan 2025, with 361 observations. The data reached an all-time high of 11,994.000 AUD mn in Aug 2021 and a record low of -6,786.000 AUD mn in Jan 2024. Australia Foreign Exchange Transactions: RBA: Other Outright data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.KA005: Official Reserve Assets & Foreign Exchange Transactions. ‘Other outright’ transactions include the Reserve Bank of Australia’s outright transactions with other central banks, international financial institutions which are not intended to affect the exchange rate, clients other than the Australian Government, and interest received on holdings of foreign assets. Prior to 2015, the series is computed using a different methodology. The changes in the calculations were mainly due to a change to the treatment of repos, derivatives and gold. [COVID-19-IMPACT]

Figures for ‘RBA foreign exchange transactions’, ‘Change in reserve assets due to valuation’ and ‘Total change in reserve assets’ refer to period totals. All other figures are end period values.

‘RBA foreign exchange transactions’, sales (-) and purchases (+), are reported according to the date on which settlement takes place (‘value date’).

‘Market’ transactions are foreign exchange transactions against the Australian dollar (excluding foreign exchange swaps) undertaken by the RBA with authorised foreign exchange dealers in Australia or banks overseas.

‘Australian Government’ transactions are the RBA’s foreign exchange transactions with the Australian Government.

‘Other outright’ transactions include the RBA’s outright transactions with other central banks, international financial institutions which are not intended to affect the exchange rate, clients other than the Australian Government, and interest received on holdings of foreign assets.

‘Swap deliveries’ are RBA foreign exchange swap transactions that settled during the period, excluding swaps conducted with the Federal Reserve as part of the USD Swap Facility. For the period January 1995 until February 1996 ‘Other outright’ includes ‘Swap deliveries’.

‘Official reserve assets’ comprise holdings of ‘Foreign exchange’, ‘Gold’ and ‘Other’ reserve assets, which comprise Special Drawing Rights, Reserve position in the IMF and the net value of swap transactions conducted with the Federal Reserve as part of the USD Swap Facility.

‘Outstanding forward foreign exchange commitments’ mainly reflect market values of the second leg of RBA swap transactions outstanding and, from time to time, outstanding RBA outright forward transactions. Prior to July 2002 contract values are reported.

The sum of ‘Gold’ and ‘Foreign exchange’ may differ from figures reported in the weekly Statement of Liabilities and Assets and the RBA’s Annual Report. From 1 July 1996, foreign currency securities sold under repurchase agreements are retained for accounting purposes as foreign currency investments in the RBA’s balance sheet, in accordance with standard accounting treatment. For the purpose of reporting foreign exchange reserves in this table, however, securities sold under repurchase agreements are excluded. In addition, from 20 December 2006, foreign exchange sales (-) and purchases (+) are reported for accounting purposes according to the date on which they are contracted (‘trade date’). For the purpose of reporting foreign exchange reserves in this table, however, foreign exchange transactions are reported according to the date on which settlement takes place (‘value date’).

Exchange Rate: RBA: Euro to Australian Dollar data was reported at 0.598 AUD/EUR in Feb 2025. This records a decrease from the previous number of 0.599 AUD/EUR for Jan 2025. Exchange Rate: RBA: Euro to Australian Dollar data is updated monthly, averaging 0.621 AUD/EUR from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 0.858 AUD/EUR in Jul 2012 and a record low of 0.492 AUD/EUR in Dec 2008. Exchange Rate: RBA: Euro to Australian Dollar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M009: Exchange Rate.

Australia Exchange Rate: RBA: Trade Weighted Index data was reported at 59.500 May1970=100 in Feb 2025. This records a decrease from the previous number of 59.600 May1970=100 for Jan 2025. Australia Exchange Rate: RBA: Trade Weighted Index data is updated monthly, averaging 63.300 May1970=100 from May 1970 (Median) to Feb 2025, with 658 observations. The data reached an all-time high of 121.300 May1970=100 in Jan 1974 and a record low of 47.000 May1970=100 in Sep 2001. Australia Exchange Rate: RBA: Trade Weighted Index data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M009: Exchange Rate.

In 2019, the real interest rate in Australia decreased by 1.7 percentage points (-51.2 percent) compared to 2018. This was a significant decrease in the real interest rate. Real interest rate is the adjusted lending interest rate to remove the effects of inflation, as measured by the GDP deflator (implicit price deflator).Find more statistics on other topics about Australia with key insights such as deposit interest rate, domestic credit to the private sector as a share of GDP, and market capitalization of listed domestic companies as a share of GDP.

Exchange Rate: RBA: South Korean Won to Australian Dollar data was reported at 907.390 AUD/KRW in Feb 2025. This records an increase from the previous number of 905.710 AUD/KRW for Jan 2025. Exchange Rate: RBA: South Korean Won to Australian Dollar data is updated monthly, averaging 769.750 AUD/KRW from Dec 1979 (Median) to Feb 2025, with 543 observations. The data reached an all-time high of 1,209.500 AUD/KRW in Feb 2012 and a record low of 498.960 AUD/KRW in May 1989. Exchange Rate: RBA: South Korean Won to Australian Dollar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M009: Exchange Rate.

Exchange Rate: RBA: Malaysian Ringgit to Australian Dollar data was reported at 2.774 AUD/MYR in Feb 2025. This records an increase from the previous number of 2.757 AUD/MYR for Jan 2025. Exchange Rate: RBA: Malaysian Ringgit to Australian Dollar data is updated monthly, averaging 2.654 AUD/MYR from Nov 1983 (Median) to Feb 2025, with 496 observations. The data reached an all-time high of 3.417 AUD/MYR in Jul 2017 and a record low of 1.569 AUD/MYR in Jul 1986. Exchange Rate: RBA: Malaysian Ringgit to Australian Dollar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M009: Exchange Rate.

Bank Bill Swap Rate in Australia remained unchanged at 4.11 percent on Wednesday March 26. This dataset includes a chart with historical data for Australia Bank Bill Swap Rate.