Australian Dollar

Over the past two decades the Australian dollar has been as low as 48 US cents and as high as US$1.10.

Currency movements occur for many reasons. Different interest rates between countries is a major factor. The price of commodities also plays a big role.

The Australian dollar’s fall from US$1.10 to the mid 70 US cent range was largely due to the end of the mining boom in 2012. Since then, the Aussie dollar has remained relatively strong. That’s due to Australia’s interest rates being marginally higher than other countries, and the perceived strength of the Australian economy.

Everything you need to know about the Aussie Dollar

Understanding the prospects for the Australian dollar is crucial to investors with direct currency exposure, those holding gold and other precious metals (priced in US dollars) and investors in international shares. Here at Markets & Money we keep you up to date with all the latest factors influencing the Aussie dollar.



Read more
Oil and Power Industry
The Cracks Are Starting to Appear
At some point, investors must realise that without continued debt accumulation, the illusion will be over. When that happens, markets will cannibalise themselves. The bursting of the greatest credit bubble in history is going to get very ugly.
The Other Great Bubble
The Other Great Bubble
Barely a day goes by without yet another call for the great Australian property ‘bubble’ to burst. Of course, not everyone thinks it’s a bubble. They’ll happily cite all those who have been wrong so far. And even if the …
Putting Beggars Out of Business
Putting Beggars Out of Business
You won’t be surprised to hear that Australia is well on its way to becoming a cashless society. But it might shock you to learn how far we’ve already come.