AUD/JPY
High: 101.07
Low: 100.32
The ratio of the number of bought and sold lots based on the trading volume
The data is updated every 10 minutes
The ratio of the number of buy and sell deals, excluding their volume
The data is updated every 10 minutes
The AUD / JPY currency pair is a cross-currency pair, its dynamics are significantly influenced by commodity prices and the US dollar.
The currency pair, Australian dollar against the Japanese yen reacts sharply to political and economic events in the Asian region. This pair is actively traded in the Asian sesion, when Japanese and Australian banks are open. The graph presented on the page reflects the volatility of the AUD / JPY.
When predicting the value of quotations for a currency pair, it is worth paying attention to:
The AUD / JPY pair is built on the principle of direct quotation. The base currency is AUD, Australian dollar, and quoted - JPY, Japanese yen. The appreciation of the currency pair means the strengthening of the Australian dollar against the yen, that is, the purchase of one AUD requires more JPY. The depreciation causes the strengthening of the Japanese yen.
Australian dollar - (bank code: AUD) - the official currency of the Commonwealth of Australia, also has circulation on the islands of Christmas, Cocos Islands and Norfolk Island. In addition, the AUD has circulation in the states: Kiribati, Nauru and Tuvalu. The Reserve Bank of Australia (RBA) issues the Australian dollar, as well as the regulation of the Australian banking and monetary systems.
Japanese yen - (Japanese currency, currency symbol - ¥, bank code: JPY) is the currency of Japan, one of the world's main reserve currencies. Issuing house is central bank of Japan.
Various cryptocurrency exchanges enable you to purchase AUD/JPY . However, you must create an account, provide identification, and link a payment method such as a bank account or credit card to utilize these exchanges. Alternatively, you can use peer-to-peer marketplaces, which allow you to purchase AUD/JPY directly from other buyers and sellers using different payment methods
Multiple forex trading platforms are widely used. The most prevalent ones are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which have established themselves as the industry norm. Additionally, Ctrader enables you to trade directly with global banks, create trading advisors with ease, and copy trades.
When trading the AUD/JPY, it is essential to keep an eye on the exchange rates, which can be monitored through charts and other analytical tools. As with any currency, the AUD/JPY can be subject to fluctuations in value, making it important for traders to stay informed about the latest market news and trends.