1. AUD =4.5509 RMB, 1 RMB =0.2 197 AUD. Under the background of the constant normalization of China's economic growth, the RMB simply can't stop rising. 165438+1October18th, the central parity of RMB against the US dollar rose by 169 points to 6.5593. On that day, the RMB continued to strengthen against the US dollar, with onshore RMB 16:30 closing at 6.5425 and offshore RMB 18:20 closing at 6.5425. In contrast, even if the vaccine is successfully developed, central banks are still very worried about the impact of the worsening epidemic on the economy, and will not change the easing plan for the time being, which has led to the depreciation of national currencies and the appreciation of RMB against the Australian dollar by 4% to 6%.

2. What's the exchange rate? Exchange rate, also known as foreign exchange rate, foreign exchange rate or foreign exchange market, refers to the exchange rate between two currencies, and can also be regarded as the value of one country's currency against another's currency. Specifically, it refers to the ratio or parity between one country's currency and another country's currency, or the price of another country's currency expressed in one country's currency.