What is 1 sei (sei) in AUD?

The price of converting 1 Sei (SEI) to AUD is A$0.186064 today. Last updated 11:20PM UTC. Sei (SEI) is worth A$0.186064 today, which is a -0.4% decline from an hour ago and a -2.2% decline since yesterday. The value of SEI today is -3.4% lower compared to its value 7 days ago. In the last 24 hours, the total volume of Sei traded was A$31,253,679.

What is AUD currency?

This currency pair is also known as the "Aussie". Together with the New Zealand Dollar and the Canadian Dollar, the AUD is a commodity currency, that is a currency whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.).

Why is the Aud a gross measure of market activity?

It is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the AUD, while a low reading is negative.

What is the correlation between AUDUSD and gold?

This correlation with the Shanghai stock exchange is to be added to the correlation it has with gold. The pair AUDUSD often rises and falls along with the price of gold. In the financial world, gold is viewed as a safe haven against inflation and it is one of the most traded commodities.