Vanuatu vatu australian dollar history for May 2023. The highest quote for this month is 0.013024 (31/05/2023) and the lowest 0.012913 (31/05/2023). The difference between high and low is 0.85.
VUV AUD average rate for May 2023 is 0.01286, the change between 01/05/2023 and 31/05/2023 is -0.18 %.
15 May 2023 | 1 VUV = 0.0129 AUD |
17 May 2023 | 1 VUV = 0.0129 AUD |
20 May 2023 | 1 VUV = 0.0128 AUD |
24 May 2023 | 1 VUV = 0.0129 AUD |
31 May 2023 | 1 VUV = 0.0129 AUD |
18/03/2020: COVID-19 pandemic impact
The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.
13/10/2011: Record high exchange rate
The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.
06/10/2008: Global Financial Crisis
The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.
30/06/1996: Introduction of the polymer banknotes
Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.
08/03/1983: Floating of the Australian dollar
The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.
12/12/1971: End of the fixed exchange rate
Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.
13/02/1966: Decimalisation of the Australian currency
Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.