The invention relates to an aluminum alloy rolled plate and a production method thereof. The plate comprises the components of Si, Fe, Cu, Mn, Mg, Ni, Zn, Ti and Al. While in production, all components are mixed and melted at a temperature of between 750 and 770 DEG C, are subjected to slagging-off, refining and standing; and blank materials with the thickness of between 7.0 and 7.8mm are produced by casting and rolling; the thickness of the blank materials are rolled at an intermediate temperature to between 2.0 and 3.0mm by a four-high cold roll, and the blank materials are rolled into pattern boards or mirror boards; finally, the boards are subjected to stretch bending straightening and quenching. The boards in the invention are low in density and almost the same as aluminum in density, have the strength between 140 and 300MPa, and are strong in corrosion resistance; the rolled pattern boards are good in skid resistant performance, thereby meeting the use requirements of aluminum alloy floor boards in special fields(such as air planes); the aluminum alloy mirror boards have the advantages of stable performance, durability, light weight, good water proof and fire proof performances and wide application, and can be applied to indoor and outdoor decorations and lighting, etc. The method has the advantages of simplified process, low production cost and easy promotion and application.