Tag: exchange rate

Between June 2019 to February 2020 the Aussie dollar ranged in value between 70 to 75 Yen. As fears of the Covid-19 pandemic reverberated around the world there was a rapid decline in the exchange rate, with the AUD plummeting from 74 to 63 JPY (almost 15%) between 24 February and 19 March 2020. However, thanks to quick action by the Australian Govt. to control the spread of the virus and many bus...