Sunday, January 22, 2012

The Australian Dollar as a proxy currency

I think the Australian Dollar can be seen as a proxy or representative currency of all the other currencies of countries in my proposed South Pacific Confederation. Here are the other currencies and their exchange rates:

AUD/USD: 1.0474, UP from .9871 1 year ago
AUD/HKD: 8.129, UP from 7.773 1 year ago
AUD/KRW: 1186.8, UP from 1118.0 1 year ago
AUD/MYR: 3.2529, UP from 3.0471 1 year ago
AUD/NZD: 1.2989, DOWN from 1.3028 1 year ago
AUD/SGD: 1.3327, UP from 1.2701 1 year ago
AUD/TWD: 31.38, UP from 28.9 1 year ago
AUD/XPF: 96.997, UP from 86.88 1 year ago

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