Australian dollar / Thai baht

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Updated: 18 Jan, 2:57 pm UTC
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The Australian Dollar (AUD) is the official currency of Australia, and is used by investors around the world. It is a highly traded currency, and is popular with foreign exchange traders due to its relatively low volatility compared to other major currencies. The AUD is also used as a hedge against global financial turmoil, as Australia is somewhat isolated from global events. It is also a popular investment vehicle due to its strong growth potential and its high yield. Investors also appreciate the AUD's stability, as it is backed by a strong economy and a large natural resource base. For these reasons, the AUD is an attractive investment for those seeking to diversify their portfolios.