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 exchange rate of flow (flow) in AUD?

The daily exchange rate of Flow (FLOW) to AUD fluctuated between a high of A$0.861027 on Monday and a low of A$0.799538 on Friday in the last 7 days. Within the week, the price of FLOW in AUD had the largest 24-hour price movement on Thursday (0 days ago) by A$0.03541711 ( 4.4% ).

What is the Australian dollar forecast for 2023?

NAB's Australian dollar forecast is predicting the AUD to trade at 0.63 EUR for the rest of 2023, while the Commonwealth Bank is also expecting minimal change to the AUD/EUR rate. The Australian dollar has weakened against the pound in 2023, falling from 0.57 to 0.53 GBP.

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.