AUD ($)
Australian dollars
Current regime
Trading the AUD between market participants and across borders is unrestricted and the market price is primarily determined without central bank intervention.
Highly standardised payment processing.
History
The Australian dollar was introduced on 14 February 1966 to replace the pre-decimal Australian pound.
The Australian dollar was floated on 12 December 1983.
The Australian dollar accounted for 6.8% of global FX turnover in April 2019.
