Australian Dollar

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Australian Dollar

The currency of Australia. It was introduced in 1966, replacing the Australian pound. It was initially pegged to the British pound, but later pegged to the U.S. dollar in 1967. It is now a floating currency and is one of the most widely traded currencies in the world. It is especially important in the South Pacific region, where a number of small nations either use the Australian Dollar or peg their currencies to it at a 1:1 ratio.
References in periodicals archive ?
Aussie Dollar Drop was established by Victorian radio personality Matt Tilley, to help as many homeless Australians as possible by funding a wide range of local organisations already working for the disadvantaged.
While the Aussie dollar has strengthened by about 20 per cent since 2009, and half Gorgon's costs are in the currency, oil prices are up about 80 per cent in that time.
While a pound bought 2.4 Aussie dollars during 2008, that has fallen by more than a third to 1.5 today.
Aussie Dollar looks the best bet on the card at Southwell in the Visit Nottinghamshire Maiden Stakes.
NAOMI MATTHEW: 12.50 Your Gifted, 1.20 Stanley Rigby, 1.50 Six Of Clubs, 2.20 Finn's Rainbow, 2.50 Hambleton, 3.20 Aussie Dollar (nap), 3.50 Ingleby King (nb).
Their economy is doing well as they have an abundance of raw materials and therefore the Aussie dollar has been strengthening for some time.
A hung parliament is a worst-case scenario for investors with one financial analyst tipping a 2-5 per cent fall in the Aussie dollar as a result.
The dollar continued its steady decline against other major currencies today including a .75 percent drop against the Aussie dollar, .62 percent drop against the euro and .44 percent drop against the Japanese yen.
US dollar's rebound also weighed on the risk sensitive Aussie dollar. At 7am AEDT, the dollar was trading at $US0.9189/90.
One Aussie dollar buys one Aussie dollar's worth of anything in Oz.
Who's on the Money is a clear presentation of the facts surrounding the formulation and development of our Aussie dollar, as well as a thoughtful presentation of the stories behind the faces that we see so regularly, perhaps without knowing who and why.
Australia offers a great quality of life - good weather and good value on the part of the Aussie dollar.