The Australian Dollar
Australia is a steady exporter of metals, energy, and commodities, especially to Asia. Its balance of trade has been positive for the past five years, and its exchange rate is also linked to the demand for resources.
The country has the fourth-highest GDP per capita1 of the countries in the G20.
The Australian dollar (AUD) – or Aussie – is the sixth most traded currency in the world.
| GDP2 | $1.7 Trillion USD |
| Major Exports3 | Iron ore, coal, gas |
| Major Export Partners3 | China, Japan, South Korea |
| Budget Deficit4 | -1.4% |
| Trade Flows5 | 150 Billion AUD |
1. https://tradingeconomics.com/country-list/gdp-per-capita
2. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
4. https://tradingeconomics.com/country-list/government-budget?continent=world
5. https://tradingeconomics.com/country-list/balance-of-trade
6. https://www.bis.org/statistics/rpfx22_fx.pdf
7. https://tradingeconomics.com/australia/labor-force-participation-rate
8. https://tradingeconomics.com/country-list/households-debt-to-gdp
The Benefits of the Australian Dollar
High inflation
The second highest household debt8
Minimal gold reserves9
How to Buy the Australian Dollar
Currency CD
Most Popular
Term
3-month
6-month
9-month
1-year
Currency Deposit Account
$2,500 minimum initial trade per currency. After initial trade, no minimum trade amount required.
Balance Range
All Balances
Available Currencies
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FOREIGN CURRENCIES BY BATTLE BANK
The Australian Dollar
Diversify your portfolio with foreign currencies.