Australian Dollar – Japanese Yen (AUD/JPY)
AUD (Australian dollar)
Currency unit of the Commonwealth of Australia including Christmas Island, the Cocos Islands and Norfolk Island as well as independent Pacific countries such as Karibati, Nauru and Tuvalu. It belongs to a group of commodity currencies.
Issued by: Reserve Bank of Australia
Price dynamics mainly depend on oil prices, interest rates of the Reserve Bank of Australia, inflation and growth rates of the Australian economy.
JPY (Japanese yen)
Currency unit of Japan. It is one of the main currencies of the Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
Price dynamics depend on the interest rates of the Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been to stimulate growth and counter against deflation by means of capping the national currency appreciation.