AUD/USD
The AUD/USD is a currency pair that represents the value of the Australian dollar (AUD) against the US dollar (USD). It is one of the most actively traded currency pairs in the world, and is often used as a benchmark for other currency pairs. The AUD/USD is also known as the Aussie dollar, and is a popular choice for traders looking to take advantage of the Australian economy’s strong performance.
History of AUD/USD
The AUD/USD currency pair was first introduced in 1983, when the Australian dollar was floated on the foreign exchange market. Since then, the AUD/USD has been one of the most actively traded currency pairs in the world. The AUD/USD is often used as a benchmark for other currency pairs, as it is seen as a reliable indicator of the global economy. The AUD/USD is also used as a hedge against other currencies, as it is seen as a safe haven currency.
Comparison of AUD/USD
| Currency Pair | Bid Price | Ask Price |
|---|---|---|
| AUD/USD | 0.7700 | 0.7702 |
| EUR/USD | 1.1700 | 1.1702 |
| GBP/USD | 1.3100 | 1.3102 |
Summary
The AUD/USD is a currency pair that represents the value of the Australian dollar (AUD) against the US dollar (USD). It is one of the most actively traded currency pairs in the world, and is often used as a benchmark for other currency pairs. The AUD/USD is also used as a hedge against other currencies, as it is seen as a safe haven currency. For more information about the AUD/USD, you can visit websites such as Investopedia, Bloomberg, and the Reserve Bank of Australia.
See Also
- EUR/USD
- GBP/USD
- USD/JPY
- USD/CAD
- USD/CHF
- NZD/USD
- AUD/JPY
- AUD/NZD
- AUD/CAD
- AUD/CHF
