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RBA Glossary definition for exchange rates

exchange rates – The price of one currency expressed in terms of another currency. Any exchange rate can be quoted two ways, e.g. Australian dollars per US dollar (USD/AUD) or US dollars per Australian dollar (AUD/USD). The convention for the Australian dollar is that it is quoted as the foreign currency price of the Australian dollar. This is sometimes referred to as the 'Indirect' method of quoting.

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Note 1 – Summary of Accounting Policies | Financial Statements

3 Aug 1999 7 RBA Annual Report – 1999
Assets and liabilities denominated in foreign currency, other than those subject to swap contracts, are converted to Australian dollar equivalents at exchange rates ruling on the last business day of June. ... Foreign exchange holdings contracted for
https://www.rba.gov.au/publications/annual-reports/rba/1999/fin-statements/note-1.html

The Evolving Structure of the Australian Financial System | Conference – 1996

9 Jul 1996 7 Conferences
split between banks and non-banks being influenced by the relative attractiveness of their interest rates. ... Against this background it is useful to look at what has happened to margins between deposit and lending rates.
https://www.rba.gov.au/publications/confs/1996/edey-gray.html

Fireside Chat with Governor Michele Bullock, at the ABE Annual Dinner

27 Oct 2025 7 Speech
In a fireside chat at the at the Australian Business Economists 2025 Annual Dinner, Governor Michele Bullock sat down with Head of Economic Analysis Michael Plumb to discuss the current economic and financial outlook.
https://www.rba.gov.au/speeches/2025/sp-gov-2025-10-27.html

October | 2024

17 Oct 2024 7 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2024/oct/

Statement by Philip Lowe, Governor: Monetary Policy Decision - December 2021

7 Dec 2021 7 Media Releases
The Australian dollar exchange rate has depreciated and is around its lows of the past year. ... Financial conditions in Australia remain highly accommodative, with most lending rates around record lows.
https://www.rba.gov.au/media-releases/2021/mr-21-29.html

Commodity Prices and The Terms of Trade

10 Apr 2005 7 Bulletin – April 2005
For example, during the wool price boom of the 1950s, the fixed exchange rates of that era meant that the rise in export prices contributed to a surge in domestic incomes ... In addition, the movement in the exchange rate in that case reduces revenues
https://www.rba.gov.au/publications/bulletin/2005/apr/1.html

Fireside chat with Michele Bullock, Governor

21 Nov 2024 7 Speech
Fireside chat with Michele Bullock, Governor, at the Women in Payments Symposium, Sydney
https://www.rba.gov.au/speeches/2024/sp-gov-2024-11-21.html

Australia and Canada – Comparing Notes on Recent Experiences

19 May 2009 7 Speech
Speech by Glenn Stevens to the Canadian Australian Chamber of Commerce Breakfast, Sydney
https://www.rba.gov.au/speeches/2009/sp-gov-190509.html

Current Banking Issues

26 Sep 1996 7 Speech
Speech by Graeme Thompson to the First Pacific Stockbrokers Australasian Banking Conference, Melbourne
https://www.rba.gov.au/speeches/1996/sp-dg-260996.html

The Changing Statistical Needs of Central Banks

8 Apr 2005 7 Speech
Speech by Glenn Stevens to the Irving Fisher Committee for Financial Statistics of the International Statistical Institute (ISI), Sydney
https://www.rba.gov.au/speeches/2005/sp-dg-080405.html