AUD/ETH: what to know
The AUD/ETH rate shows how much ETH you get for 1 AUD. Right now, 1 AUD buys 0.000285878 ETH at the mid-market rate. In the other direction, 1 ETH is worth 3,498.00 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while ETH responds to network activity and crypto-market sentiment.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. Ethereum popularised programmable “smart contracts”.
Over the past 12 months the AUD/ETH rate has ranged between 0.000140496 and 0.000440895 — a change of +103.13% 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.