The History of AUD in GBP
It is only recently that the Australian dollar has significantly outperformed UK sterling on the currency markets but why? The last 10 years have seen a massive change in the economies of the UK and Australian which has impacted upon Australian dollars and the British pound. Within the last few years we have seen a rate of 0.4 Australian dollars to the pound increase to 0.6 Australian dollars to the pound. This is a 50% increase in the value of the Australian dollar against the UK pound which is a massive variation for currency markets.
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