The Australian Dollar

Also known as the Aussie, the Australian dollar is one of the major currencies of the Asia-Pacific region. The Aussie is considered one of the foremost commodity currencies, meaning that its value can be affected by price shifts in Australia’s major exports.

The AUD-USD trading pair now accounts for 6.37% of global forex volume, beating the dollar pairings for both the Swiss Franc and the Canadian Dollar.

Leave a Reply

Your email address will not be published. Required fields are marked *