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".

Gibraltar Pound

Gibraltar Pound

The Gibraltar pound (currency sign: £; banking code: GIP) is the currency of Gibraltar. It is pegged to – and exchangeable with – the British pound sterling at par value. Gibraltar pound coins are minted notes printed by the Government of Gibraltar.

1 Australian Dollar to Gibraltar Pound exchange rates chart

1 AUD to GIP exchange rates graph
1 AUD to GIP 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 GIP exchange rates table

Exchange AUD to GIP
1 Australian Dollar = 0.555 Gibraltar Pound
2 Australian Dollar = 1.110 Gibraltar Pound
5 Australian Dollar = 2.776 Gibraltar Pound
10 Australian Dollar = 5.551 Gibraltar Pound
Exchange Australian Dollar to Gibraltar Pound
1 Australian Dollar to Gibraltar 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 GIP exchange rates news

$A near multi-month highs amid Fed caution - 9Finance

Flaring Sino-US trade tensions have kept the Aussie dollar off its high, but the currency is still at a mul...

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Aussie, kiwi near multi-month highs as Fed caution weighs on dollar

SYDNEY, Nov 19- The Australia and New Zealand dollars held near multi-month peaks on Monday as the greenback stumbled on concerns about slowing.

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AUD/USD Bullish Sequence Sputters Ahead of RBA Minutes

The near-term advance in AUD/USD appears to be stalling ahead of the RBA Minutes as the exchange rate struggles to extend the recent series of

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Australian dollar strengthens
Australian dollar strengthens

Aussie dollar climbs against its US counterpart.

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Stock Slump Extends to Asia After U.S. Tech Sinks: Markets Wrap
Stock Slump Extends to Asia After U.S. Tech Sinks: Markets Wrap

(Bloomberg) -- Stocks in Asia declined as trading got underway Tuesday after weakness in some of the biggest technology companies sent U.S. stocks ...

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EU warns of 'long road ahead' on Brexit

The EU sets out a timetable leading up to a summit to finalise the draft Brexit agreement.

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25 Of The Most Unappealing Tourist Attractions (That Are Actually Somehow Popular)

We can't really comprehend how these places are still so popular

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Brexit LIVE: David Davis in 11th hour intervention warning MPs against Theresa May’s plan

FORMER Brexit secretary David Davis has made an 11th hour intervention and warned fellow Tory MPs about the threat Theresa May's Chequers proposal will have on a post-Brexit Britain

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UK Chancellor To Increase Tax For Offshore Gambling Operators

UK Chancellor Philip Hammond has the offshore gambling industry on his radar as he plans for a tax increase later this month.

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1 AUD to GIP currency converter