AUD/JPY

About AUD/JPY

AUD(Australian dollar)
Currency unit of the Commonwealth of Australia including Christmas Island, the Cocos Islands and Norfolk Island as well as independent Pacific countries such as Karibati, Nauru and Tuvalu. It belongs to a group of commodity currencies.
Issued by: Reserve Bank of Australia
Price dynamics mainly depends on the oil prices, interest rates of Reserve Bank of Australia, inflation and growth rates of Australian economy.

JPY (Japanese yen)
Currency unit of Japan. It is one of the main currencies of Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
Price dynamics depends on the interest rates of Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been a stimulation of the growth and a fight with deflation by means of capping the national currency appreciation.