Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

Guernsey Pound

Guernsey Pound

The pound is the currency of Guernsey. Since 1921, Guernsey has been in currency union with the United Kingdom and the Guernsey pound is not a separate currency but is a local issue of banknotes and coins denominated in pound sterling, in a similar way to the banknotes issued in Scotland, England and Northern Ireland (see Banknotes of the pound sterling). It can be exchanged at par with other sterling coinage and notes (see also sterling zone). For this reason, ISO 4217 does not include a separate currency code for the Guernsey pound, but where a distinct code is desired GGP is generally used.

1 Australian Dollar to Guernsey Pound exchange rates chart

1 AUD to GGP exchange rates graph
1 AUD to GGP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 AUD to GGP exchange rates table

Exchange AUD to GGP
1 Australian Dollar = 0.564 Guernsey Pound
2 Australian Dollar = 1.127 Guernsey Pound
5 Australian Dollar = 2.818 Guernsey Pound
10 Australian Dollar = 5.637 Guernsey Pound
Exchange Australian Dollar to Guernsey Pound
1 Australian Dollar to Guernsey Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1 AUD to GGP exchange rates news

Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

7 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

18 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Floating the dollar 35 years ago was a leap into the unknown. Here's how it has served us well.

about 1 month conditional neutral
Wheeling Central grad Stein Gains Special Honor

WHEELING — A new year was ushered in Tuesday. Kurt Stein, however, will always have special memories from 2018. The Wheeling Central product guided Oakdale

11 days conditional neutral
Let's Reminisce about Cambridge, Guernsey County

JANUARY 3, 1959 Frank Cosby, employee of the Cambridge Lumber Co. for 13 years has retired. JANUARY 3, 1969 Churches of New Concord are sponsoring a series of study classes for high school youth on sex education and moral responsibility on the theme, "Fit to be Tied. JANUARY 3, 1979 Carolyn Tillett is named assistant treasurer at Cambridge Production Credit Association. She has been with PCA for 11 years. JANUARY 3, 1989 Karen Sue and Ivan Hickenbottom, Kimbolton, were honored as Premiere

14 days indicative neutral
Today is the last day to spend your old £10 notes

The old £10 notes will cease to be legal tender — meaning shops are no longer obliged to take them — after 11.59 p.m. (GMT) on Thursday, March 1.

about 2 months conditional positive
eBay: ‘Ultra rare’ £1 coin sells for £5000 - could you have one stashed in your wallet?

EBAY has become a platform for coin collectors to sell their most prized finds. One of the latest coins to sell on the auction website is a £1 coin described as ‘ultra rare’. It sold for a hefty sum of £5,000.

about 2 months conditional positive
Luton gang convicted over multi-million pound drugs operation stretching as far as Pakistan and Morrocco
Luton gang convicted over multi-million pound drugs operation stretching as far as Pakistan and Morrocco

A Luton organised crime gang has been found guilty of operating a multi-million pound drugs business that stretched as far as Morrocco and Pakistan.

2 months indicative negative

1 AUD to GGP currency converter