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Pacifica Statistica180°The Pacific, one statistic at a time.

Reading no. 2024/007

EconomyCross-reading

How many points of US rate in a dollar paid in Australian dollars?

3.56points per Australian dollar

Australia

Australia

Latest published effective US federal funds rate, set against the US dollar rate in Australian dollars.

5%Effective US federal funds rate (6 January 2024)
1Australian dollarsUS dollar rate (5 January 2024)

A rate at 5.33%, a US dollar at 1.4959 Australian dollars: 3.56 points per Australian dollar. The rate is set in Washington and paid in Sydney.

Observation
Effective US federal funds rate (6 January 2024)
5.33 %
US dollar rate (5 January 2024)
1.4959 Australian dollars

Method

Latest published value of the effective federal funds rate (series DFF of the FRED database) on 6 January 2024: 5.33%. ECB reference rate of 5 January 2024: one US dollar is worth 1.4959 Australian dollars. Quotient of the first by the second.

Source

Nature

Cross-reading

Two real, sourced values with no connection, set against each other. Each is exact. Their quotient has no known use.

Confidence

Medium

See also

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