The AUD/USD currency pair represents the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD). It shows how many US dollars are needed to purchase one Australian dollar. This currency pair is popularly traded in the forex market and is influenced by various factors including interest rates set by the Reserve Bank of Australia (RBA) and the Federal Reserve (Fed), economic data from both countries, commodity prices (as Australia is a major exporter of commodities), geopolitical events, and market sentiment. Traders and investors often analyze AUD/USD movements to gain insights into the strength of the Australian economy relative to the US economy and to identify trading opportunities.
Australian Dollar
Currency :
Australian Dollar
Symbol :
$
Nickname :
Aussie dollar
ISO 4217 :
AUD
Central Bank :
Reserve Bank of Australia (RBA)
Denominations :
$5, $10, $20, $50, $100
US Dollar
Currency :
US Dollar
Symbol :
$
Nickname :
Greenback or Buck
ISO 4217 :
USD
Central Bank :
Federal Reserve
Denominations :
$1, $2, $5, $10, $20, $50, $100
