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What does AUD stand for?

AUD is an abbreviation for the Australian dollar, which is also known as the Aussie dollar or the Aussie.

What is the value of AUD/USD?

The value of the AUD/USD pair is quoted as 1 Australian dollar per quoted number of U.S. dollars. For example, if the pair is trading at 0.75 it means that it takes 0.75 U.S. dollars to buy 1 Australian dollar. The AUD/USD is one of the world’s top-traded currency pairs. Trading the AUD/USD is also known colloquially as trading the "Aussie."

What does AUD/USD mean in forex?

AUD/USD is the forex ticker for the exchange rate between the Australian Dollar and US Dollar – the pair is also known as the Aussie. It tells traders how many US$ are needed to buy one AU$ in real time. The Aussie is the sixth-most-traded currency pair in the world – representing approximately 5% of all forex trades by volume.

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