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".

Bitcoin

Bitcoin

Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

8808 Australian Dollar to Bitcoin exchange rates chart

8808 AUD to BTC exchange rates graph
8808 AUD to BTC 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.

8808 AUD to BTC exchange rates table

Exchange AUD to BTC
8808 Australian Dollar = 1.022 Bitcoin
17616 Australian Dollar = 2.044 Bitcoin
44040 Australian Dollar = 5.110 Bitcoin
88080 Australian Dollar = 10.220 Bitcoin
Exchange Australian Dollar to Bitcoin
8808 Australian Dollar to Bitcoin 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.

8808 AUD to BTC exchange rates news

Australian dollar slides
Australian dollar slides

Aussie dollar falls against the greenback.

indicative neutral
$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...

conditional neutral
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.

indicative neutral
Bitcoin Cash [BCH] Falls Close to Stellar Lumens [XLM] by Market Cap
Bitcoin Cash [BCH] Falls Close to Stellar Lumens [XLM] by Market Cap

Bitcoin Cash continues bearish movements as markets reopen. Bitcoin Cash ABC support far greater than support for Bitcoin Cash SV.

conditional neutral
Bitcoin is imploding — here’s where bitcoin bulls and bears see it headed from here
Bitcoin is imploding — here’s where bitcoin bulls and bears see it headed from here

Is a fresh bull run ahead for bitcoin from here? Or will it be look out below!

conditional positive
Bitcoin and Ethereum fall to lows not seen since 2017

Every major cryptocurrency has seen its value plunge in recent days.

indicative positive

8808 AUD to BTC currency converter