Australian Dollar / US Dollar

AUD/USD is the pair showing how many US dollars one Australian dollar is worth. The Australian dollar, also known in the market as the 'Aussie', is managed by the Reserve Bank of Australia (RBA) and is among the heavily traded currencies of the Asia-Pacific region. Besides Australia, it is also used as official currency in some Pacific countries such as Kiribati, Nauru and Tuvalu.

Australia is a significant exporter of commodities such as iron ore, coal, natural gas and gold, which is why the Australian dollar is classed as a 'commodity currency'. Changes in commodity prices and economic data from China, Australia's main trading partner, can markedly affect the pair.

The Australian dollar generally moves in the same direction as global risk appetite: it tends to gain value when the appetite for risk strengthens and can weaken in periods of uncertainty. The interest rate gap between the RBA and the Fed is also one of the pair's fundamental drivers. On Lzzo.com, the AUD/USD value is a reference rate sourced from Yahoo Finance; it is not a bank or exchange office price.