Australian dollar / Chilean peso

stockPerformance $-1.18 (-0.21%)
Updated: 18 Jan, 3:01 pm UTC
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The Australian Dollar (AUD) is the official currency of Australia, used in both domestic and international markets. It is an important currency in the global financial markets, used as a medium of exchange in trading and investments. Its value is determined by the demand and supply of it relative to other major currencies. Investors use the AUD to hedge their investments against fluctuations in other currencies. It is also used to diversify portfolios and take advantage of opportunities in the Australian markets. As such, the AUD plays an important role in the global financial markets by providing investors with a safe and viable investment option.