GBP/AUD
This pair denotes how many Australian Dollars are needed to purchase one British Pound. Often, the Australian Dollar is referred to as a risk currency due to its relatively higher interest rates and correlation to global equity markets. The British Pound depreciated relative to the Australian Dollar after 2008 and only began making a significant rebound in 2013 in light of declining growth in China and a slowdown in the global commodity supercycle, which has hurt Australia's largest sector, mining.
Markets Currencies Europe Minor
BRITISH POUND / AUSTRALIAN DOLLAR GBPAUD
Market Open 1.82297 0.00397 (0.22%)
Prev.1.81900
Open .1.81900
Volume.54.91K
1 Day Range .1.81820 - 1.82305


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