Australian Dollar – US Dollar (AUD/USD)
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
The price dynamics mainly depend on oil prices, interest rates of the Reserve Bank of Australia, inflation and growth rates of the Australian economy.
USD (US dollar)
Currency unit of the United States of America, Salvador and the Marshall Islands. The world’s main reserve currency.
Issued by: Federal Reserve System (Fed)
The price dynamics depend on the interest rates of the Fed, inflation and growth rates of the USA.