Wednesday, July 22, 2026 - The Australian Dollar has recently reached fresh monthly highs above 0.7020 as risk aversion diminishes. The Reserve Bank of Australia has cut interest rates to 3.85%, citing global trade tensions, leading to a slight depreciation of the currency. Bank of America forecasts further euro weakness against the Australian and New Zealand dollars, anticipating continued strength for the Aussie.
| Currency | 07/15/2026 | 07/22/2026 | Change | |
| Seychellois Rupee (SCR) | 0.0599 € | ⇨ | 0.0655 € | +9.4% |
| Silver (oz) | 1.6174 € | ⇨ | 1.6859 € | +3.77% |
| Azerbaijani Manat (AZN) | 0.516 € | ⇨ | 0.5342 € | +3.53% |
| Gold Sovereign | 831.45 € | ⇨ | 852.51 € | +2.53% |
| Gold (oz) | 113.55 € | ⇨ | 116.43 € | +2.53% |
| Venezuelan Bolívar (VES) | 0.0012 € | ⇨ | 0.0012 € | -1.11% |
| Hungarian Forint (HUF) | 0.0028 € | ⇨ | 0.0028 € | -1.19% |
| Papua New Guinean Kina (PGK) | 0.1984 € | ⇨ | 0.1959 € | -1.26% |
| Israeli Shekel (ILS) | 0.2909 € | ⇨ | 0.2865 € | -1.5% |
| Bolivian Boliviano (BOB) | 0.126 € | ⇨ | 0.0806 € | -36.03% |
| See also the 24h, 30d and 1y changes | ||||
| Currency name | Australian Dollar |
| Symbol | A$ |
| Also known as | AUD, Australian Dollar, A$1 = 100 cents |
| ISO code | AUD |
| Banknotes | A$5, A$10, A$20, A$50, A$100 |
| Coins | 5c, 10c, 20c, 50c, A$1, A$2 |
| Central bank | Reserve Bank of Australia (RBA) - Website: www.rba.gov.au |
| Countries | 8 countries: Australia (capital: Canberra), Kiribati, Nauru, Tuvalu, Christmas Island, Cocos Islands, Heard Island, Norfolk Island |
| Population | 26 mil. |
History
Before European settlement, Indigenous Australians used a barter system. Following British colonisation in 1788, the colony relied on a chaotic mix of foreign coins and, infamously, rum, which served as an informal currency in the early years. Governor William Bligh's attempts to ban rum as currency were a contributing factor to the 1808 Rum Rebellion.
In 1910, the Australian pound was introduced as a distinct national currency, replacing the British pound at par. Australia managed its currency through the Commonwealth Bank, established in 1911. Like Britain, Australia abandoned the gold standard in 1931 during the Great Depression.
On 14 February 1966 — Valentine's Day — Australia decimalised, replacing the Australian pound with the Australian dollar at a rate of two dollars per pound. This made Australia one of the first countries in the world to adopt full decimal coinage. The Reserve Bank of Australia (RBA), established in 1960, manages monetary policy.
The Australian dollar floated freely from December 1983 under Prime Minister Bob Hawke and Treasurer Paul Keating. Since then the AUD has traded broadly between $0.48 and $1.10 against the US dollar, with its value closely linked to global commodity prices — particularly iron ore and coal — because of Australia's resource-heavy export base. The dollar often weakens sharply during global risk-off episodes and strengthens when commodity prices boom.
Sources:
"Australian dollar", Wikipedia, https://en.wikipedia.org/wiki/Australian_dollar
"Reserve Bank of Australia", Wikipedia, https://en.wikipedia.org/wiki/Reserve_Bank_of_Australia