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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 renminbi (RMB, also known as Chinese yuan; ISO code: CNY) is the official currency of the People's Republic of China. [1] Although it is not a freely convertible currency , and has an official exchange rate , the CNY plays an important role in the world economy and international trade .
An undervalued currency causes serious problems and raises international criticism. Prominent economists including World Trade Organization (WTO) Director-General Pascal Lamy, [13] U.S. Federal Reserve Chairman Ben Bernanke, [14] Nobel Laureate Paul Krugman, [15] Director of the Peterson Institute for International Economics Fred Bergsten, [16] and Cornell University Professor Eswar Prasad [17 ...
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.
The renminbi yuan has different names when used in ethnic minority regions of China. When used in Inner Mongolia and other Mongol autonomies, a yuan is called a tugreg (Mongolian: ᠲᠦᠭᠦᠷᠢᠭ᠌, төгрөг tügürig).
One hundred dollars (Australia) Value: 100 Australian dollars: Width: 158 mm: Height: 65 mm: Security features: Clear window with embossing, micro printing, slightly raised printing, hold the note towards light and the Australian coat of arms plus a seven pointed star will appear, ultraviolet, Unic serial number and different fonts, watermark
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.
As of today, coins in denominations of HK$10, HK$5, HK$2, HK$1, ... AUD CAD CHF CNY EUR GBP JPY USD TWD KRW INR: From Yahoo! Finance: AUD CAD CHF CNY EUR GBP JPY USD ...