are us dollars the same as australian dollars
Australian dollar 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).[4] It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling.[5] 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.[6] The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".
Dollar sign In the United States, Mexico, Australia, Argentina, New Zealand, Hong Kong, Pacific Island nations, and English-speaking Canada, the dollar or peso symbol precedes the number. Five dollars or pesos is written and printed as $5, whereas five cents is written as 5¢. In French-speaking Canada, the dollar symbol usually appears after the number (5$).
Australian dollar The Australian pound, introduced in 1910 and officially distinct in value from the pound sterling since devaluation in 1931,[10] was replaced by the dollar on 14 February 1966.[11] The rate of conversion for the new decimal currency was two dollars per Australian pound, or ten Australian shillings per dollar. The exchange rate was pegged to the pound sterling at a rate of $1 = 8 shillings ($2.50 = UK Â£1). In 1967, Australia effectively left the sterling area, when the pound sterling was devalued against the US dollar and the Australian dollar did not follow. It maintained its peg to the US dollar at the rate of A$1 = US$1.12.
Dividend yield Its reciprocal is the Price/Dividend ratio.
Money supply As of April 2013, the monetary base was $3 trillion[32] and M2, the broadest measure of money supply, was $10.5 trillion.[33]
Australian dollar The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Papua New Guinea, Tonga, Tuvalu, and Vanuatu. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies.[2][3] It is subdivided into 100 cents.