What does AUD stand for?

AUD (Australian Dollar, or "Aussie") is the currency abbreviation for the Australian dollar (AUD), the offocial currency for the Commonwealth of Australia. The Australian dollar is made up of 100 cents and is often presented with the symbol $, A$, or AU$.

What is the value of AUD/USD?

The value of the AUD/USD pair is quoted as 1 Australian dollar per quoted number of U.S. dollars. For example, if the pair is trading at 0.75 it means that it takes 0.75 U.S. dollars to buy 1 Australian dollar. The AUD/USD is one of the world’s top-traded currency pairs. Trading the AUD/USD is also known colloquially as trading the "Aussie."

What is the Australian dollar?

The Australian dollar is one of the world’s top-traded currencies. Some professional traders call the AUD/USD pair simply the "Aussie." Australian Dollar live rates: AUD to USD, AUD to INR, etc. AUD chart live.

When did the Australian dollar depreciate?

Starting in 1983 at 0.77 US dollars, the Australian dollar depreciated to 0.47 in April 2001, the lowest value for four decades. The highest AUD/USD exchange rate recorded was reached in July 2011, when the Australian dollar rose to 1.11. The Australian dollar depends on commodity market price movements.