What is AUD?

Find out more what is AUD... The euro is an aggregate currency covering of the economies of the 17 countries of the eurozone, a subset of the 27 member European Union (EU).

Why is the Aud exam curved?

Because of this weighting, the AUD exam is not curved. The AUD exam is given on computers at testing centers and uses a multistage, dynamic testing approach for the multiple-choice sections. This means that the level of difficulty for the second set of multiple-choice questions is based on how well you do in the first set.

Why is the AUD/USD exchange rate so important?

As the US became a much more involved trade partner, the relationship between the two countries increased interest in the exchange rate of their currencies. Many traders also use the AUD/USD pair as a benchmark for the relationship that the USD has with commodities and the Asian market as a whole.

What is GBP & AUD?

GBP/AUD is the currency pair for British Pound Sterling against the Australian Dollar. It tells traders how many AU$ are needed to buy one unit of sterling. While Britain and Australia are always seen as somewhat connected – due to the Commonwealth – the two economies are extremely different.