AUDJPY is a currency pair that represents the value of the Australian dollar against the Japanese yen.

The Australian dollar, issued in Australia, holds a notable share of the foreign exchange market. According to the 2022 BIS Triennial Central Bank Survey, it is the sixth most traded currency globally. Australia is percieved to have strong economic ties with China, and the Australian dollar may experience fluctuations in response to Chinese economic indicators and related factors.

The yen is Japan's currency. According to the 2022 BIS Triennial Central Bank Survey, transactions involving the yen account for 8.3% of the total, ranking third after the euro. The yen also has the characteristics of a safe-haven asset. Investors may choose to buy the yen to avoid risk when the international situation becomes unstable. This is due to factors such as Japan's current account surplus, its large net external asset position, and its political and economic stability.