AUD/BTC: what to know
The AUD/BTC rate shows how much BTC you get for 1 AUD. Right now, 1 AUD buys 0.00000927353 BTC at the mid-market rate. In the other direction, 1 BTC is worth 107,833.80 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while BTC responds to crypto-market sentiment and liquidity.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The supply is capped at 21 million coins.
Over the past 12 months the AUD/BTC rate has ranged between 0.00000528001 and 0.0000118062 — a change of +61.88% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.