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base info Orchid

Orchid to Australian Dollar Converter and calculator

Convert 1Orchid (OXT) to Australian Dollar (AUD) equals $ 0.1627 | Bitget

AUD information

About the AUD Dollar

What Is the AUD Dollar?

The AUD dollar, symbolized as $ and sometimes abbreviated as A$ or AU$ to distinguish it from other dollar-denominated currencies, including its external territories. It is also the official currency of three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. As of 2022, the AUD is the sixth most-traded currency in the foreign exchange market and the seventh most-held reserve currency globally.

The AUD dollar plays a crucial role in the country's economy, being the primary medium of exchange and a significant tool in monetary policy. The manages the currency, including influencing interest rates and controlling inflation.

What Is the History of AUD?

The AUD dollar was introduced on 14 February 1966, replacing the non-decimal pound at a rate of two dollars to the pound (A£1 = A$2). This change marked a significant shift in monetary system, moving away from the British pound and establishing a unique currency identity. The decision for decimalization followed extensive public consultation and consideration of various names for the new currency, with "dollar" being chosen over "royal." The symbol $ was originally intended to have two strokes, but the version with one stroke has also always been acceptable.

Coins and Banknotes of AUD

AUD includes coins of various denominations, with the 50-cent coin being one of the largest used in the world today. The Royal Mint in Canberra produces these coins. The first series of AUD dollar banknotes was issued in 1966, and the first country to introduce polymer banknotes in 1988, known for their durability and advanced security features. The current banknotes feature prominent figures and are known for their distinct colors and innovative security features.

The current denominations include coins of 5, 10, 20, 50 cents, and 1 and 2 dollars. The banknotes in circulation are in denominations of 5, 10, 20, 50, and 100 dollars.

Exchange Rates and Economic Influence

Historically, the AUD dollar was pegged to the British pound and later the US dollar under the Bretton Woods system. However, since the floatation of the currency in 1983, its value has been determined by the balance of payments and market demand. The dollar's value is significantly influenced by the country's trade balance, primarily driven by commodity exports. It has experienced various highs and lows against major currencies, reflecting global economic trends and economic performance.

AUD’s Price History

The AUD has experienced various fluctuations in its history. Before 1983, maintained a fixed exchange rate. Since being floated in December 1983, the AUD's value has been determined by the balance of payments and market demand. Its value has seen highs and lows, influenced by global economic conditions, commodity prices, and trade relationships, particularly with China.

The AUD reached its highest valuation during this era on September 9, 1973, at US$1.4875.

As of January 2024, it traded around US$0.68

Global Standing

The AUD dollar is a popular choice among currency traders due to stable economy, high interest rates, and minimal government intervention in the foreign exchange market. It is considered a reserve currency and is one of the most traded currencies worldwide, offering diversification benefits in global portfolios, especially due to its exposure to Asian economies and the commodities cycle.

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Bitget crypto-to-fiat exchange data shows that the most popular Orchid currency pair is the OXT to AUD, with for Orchid's currency code being OXT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AUD.

OXT to AUD conversion rate trend

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In the past 1D, Orchid has changed -0.26% to AUD. Based on the trend and price charts, Orchid(OXT) has changed -0.26% to AUD while Australian Dollar(AUD) has changed % to OXT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$0.1619
0.0001% / 0.0004%vip-iconVIP
Binance
$0.1621
0.1000% / 0.1000%
Yes
OKX
$0.1615
0.080% / 0.100%
Yes
Huobi
$0.1620
0.1000% / 0.1000%
Yes
Gate.io
$0.1621
0.1000% / 0.1000%
Yes
KuCoin
$0.1617
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 20:00:29(UTC+0)

What factors influence the conversion rate of Orchid to Australian Dollar?

Orchid to Australian Dollar is falling this week.
Orchid's current market price is $ 0.1627 per OXT, with a total market cap of $ 159,417,490.3 AUD based on a circulating supply of 979,779,140 OXT. The trading volume of Orchid has changed by -47.00% ($ -6,687,692.85 AUD) in the last 24 hours. Last trading day, OXT's trading volume was $ 14,228,861.26.
Market cap
$102.16M
24h volume
$4.83M
Circulating supply
979.78M OXT

Conversion tables

The exchange rate of Orchid is decreasing.
1 OXT is currently valued at $ 0.1627 AUD , which means buying 5 OXT will cost $ 0.8135 AUD . Similarly, $1 AUD can be traded for 6.15 OXT, and $50 AUD can be converted to 307.3 OXT, excluding any platform or gas fees.
The exchange rate of 1 OXT to Australian Dollar has changed by -28.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.26%, reaching a high of 0.1655 AUD and a low of 0.1557 AUD . One month ago, the value of 1 OXT was $ 0.2348 AUD , which represents a -30.69% change from its current value. Over the last year, Orchid has changed by
+$
0.02402AUD
, resulting in a change of +17.31% in its value.

OXT to AUD

Amount
20:15 today
0.5 OXT
$0.08135
1 OXT
$0.1627
5 OXT
$0.8135
10 OXT
$1.63
50 OXT
$8.14
100 OXT
$16.27
500 OXT
$81.35
1000 OXT
$162.71

AUD to OXT

Amount20:15 today
0.5AUD3.07  OXT
1AUD6.15  OXT
5AUD30.73  OXT
10AUD61.46  OXT
50AUD307.3  OXT
100AUD614.6  OXT
500AUD3,073  OXT
1000AUD6,145.99  OXT
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Today vs. 24 hours ago

Amount20:15 today24 hours ago24h change
0.5 OXT$0.05214$0.05227
-0.26%
1 OXT$0.1043$0.1045
-0.26%
5 OXT$0.5214$0.5227
-0.26%
10 OXT$1.04$1.05
-0.26%
50 OXT$5.21$5.23
-0.26%
100 OXT$10.43$10.45
-0.26%
500 OXT$52.14$52.27
-0.26%
1000 OXT$104.27$104.55
-0.26%

Today vs. 1 month ago

Amount20:15 today1 month ago1M change
0.5 OXT$0.05214$0.07524
-30.69%
1 OXT$0.1043$0.1505
-30.69%
5 OXT$0.5214$0.7524
-30.69%
10 OXT$1.04$1.5
-30.69%
50 OXT$5.21$7.52
-30.69%
100 OXT$10.43$15.05
-30.69%
500 OXT$52.14$75.24
-30.69%
1000 OXT$104.27$150.48
-30.69%

Today vs. 1 year ago

Amount20:15 today1 year ago1Y change
0.5 OXT$0.05214$0.04444
+17.31%
1 OXT$0.1043$0.08888
+17.31%
5 OXT$0.5214$0.4444
+17.31%
10 OXT$1.04$0.8888
+17.31%
50 OXT$5.21$4.44
+17.31%
100 OXT$10.43$8.89
+17.31%
500 OXT$52.14$44.44
+17.31%
1000 OXT$104.27$88.88
+17.31%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.