AUD/JPY
AUD/JPY is a currency pair that consists of the Australian dollar (AUD) and the Japanese yen (JPY). It is one of the most popular currency pairs in the world and is traded by many investors and traders. The AUD/JPY pair is often used as a hedge against other currency pairs, as it is less volatile than other pairs. The AUD/JPY pair is also used to speculate on the relative strength of the two currencies.
History of AUD/JPY
The AUD/JPY pair was first introduced in the early 1980s when the Australian dollar was floated on the international currency markets. Since then, the pair has become one of the most popular currency pairs in the world. The AUD/JPY pair is often used as a hedge against other currency pairs, as it is less volatile than other pairs. The AUD/JPY pair is also used to speculate on the relative strength of the two currencies.
Comparison Table
| Currency Pair | Price |
|---|---|
| AUD/JPY | 81.50 |
| USD/JPY | 109.50 |
| EUR/JPY | 120.50 |
Summary
The AUD/JPY pair is one of the most popular currency pairs in the world and is traded by many investors and traders. The AUD/JPY pair is often used as a hedge against other currency pairs, as it is less volatile than other pairs. The AUD/JPY pair is also used to speculate on the relative strength of the two currencies. For more information about the AUD/JPY pair, you can visit websites such as Investopedia, Bloomberg, and Yahoo Finance.
See Also
- EUR/JPY
- USD/JPY
- GBP/JPY
- CAD/JPY
- CHF/JPY
- NZD/JPY
- AUD/USD
- EUR/USD
- GBP/USD
- Currency Pair
