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A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.
Derivatives market – largest fixed income derivatives in the Asia-Pacific region; Foreign exchange market – the Australian foreign exchange market is the 7th largest in the world in terms of global turnover, while the Australian dollar is the 5th most traded currency and the AUD/USD the 4th most traded currency pair;
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
The market convention is to quote most exchange rates against the USD with the US dollar as the base currency (e.g. USDJPY, USDCAD, USDCHF). The exceptions are the British pound (GBP), Australian dollar (AUD), the New Zealand dollar (NZD) and the euro (EUR) where the USD is the counter currency (e.g. GBPUSD, AUDUSD, NZDUSD, EURUSD).
When Australia was part of the fixed-exchange sterling area, the exchange rate of the Australian dollar was fixed to the pound sterling at a rate of A$1 = 8 U.K. shillings (A$2.50 = UK£1). In 1967, Australia effectively left the sterling area, when the pound sterling was devalued against the US dollar and the Australian dollar did not follow.
FTSE EPRA Nareit Developed ex Australia Rental Index AUD Hedged AUS 0.43 SUBD Van Eck Global: VanEck Australian Subordinated Debt ETF iBoxx AUD Investment Grade Subordinated Debt Mid Price Index AUS 0.29 VLUE Van Eck Global: VanEck MSCI International Value ETF MSCI World ex Australia Enhanced Value Top 250 Select Index AUS 0.40 RVL Russell ...
Value Technical parameters Description Date of Dated years of issue Obverse Reverse Diameter Mass Composition Obverse Reverse Edge First issue Withdrawal Half penny (½d) 25.5 mm 5.67 g Bronze (97% copper, 2.5% zinc, 0.5% tin) Portrait of King George V. Designed by Sir E. B. Mackennal.