Convert and swap Ethereum ETH to Australian Dollar AUD

ETH/AUD: 1 Ethereum equals A$3,704.61 AUD

Last update: 4:05 AM, September 20, 2024

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Ethereum is climbing this week.

The current price of Ethereum is A$3,704.61 per ETH. With a circulating supply of 120,345,932.993 ETH, it means that Ethereum has a total market cap of A$444,537,226,067.84. The amount of Ethereum traded has fallen by A$3,528,954,352.66 in the last 24 hours, which is a 14.01% decrease. Additionally, in the last day, A$25,191,668,488.54 worth of ETH has been traded.

A$444.5B
A$25.2B
120.3M ETH

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About Ethereum

Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.

Ethereum (ETH) is a decentralized, open-source blockchain system that features its own cryptocurrency, Ether. It serves as a platform for numerous other cryptocurrencies and for the execution of decentralized smart contracts. Ethereum's primary goal is to become a global platform for decentralized applications, allowing users worldwide to write and run software that is resistant to censorship, downtime, and fraud. Ethereum's blockchain is designed to host other cryptocurrencies, called "tokens," through its ERC-20 compatibility standard. This has led to the launch of more than 280,000 ERC-20-compliant tokens to date.

Ethereum operates through a network of computers that work together as a supercomputer. The network, in its entirety, validates and records transactions that occur on its platform. Ethereum's core innovation, the Ethereum Virtual Machine (EVM), is a Turing complete software that runs on the Ethereum network. It enables anyone to run any program, regardless of the programming language, making the creation of blockchain applications much more accessible. At its core, Ethereum operates on a proof-of-work system, but there are plans to transition to a proof-of-stake algorithm to boost the platform's scalability and add a number of new features.

Ethereum's potential use cases extend beyond the simple transfer of value. Its smart contracts can automatically execute transactions when certain conditions are met. These smart contracts are being used to create decentralized applications, or "dapps," that enable users to interact directly with the blockchain. Some of the most common use cases for Ethereum include decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). Ethereum also hosts other cryptocurrencies and facilitates the execution of smart contracts, making it a key player in the blockchain space.

Ethereum was first described in a 2013 whitepaper by Vitalik Buterin, a programmer involved in Bitcoin Magazine. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014, and the blockchain was officially launched on July 30, 2015. Since its launch, Ethereum has undergone several planned protocol upgrades, which are important changes affecting the underlying functionality and/or incentive structures of the platform. The Ethereum Foundation, a team of developers and researchers, continues to coordinate upgrades and protocol changes.

How Ethereum and Australian Dollar differ

Ethereum (ETH) and the Australian Dollar (AUD) are two distinct forms of value exchange, each with unique characteristics. Ethereum is a decentralized, open-source blockchain system that features its own cryptocurrency, Ether. It aims to become a global platform for decentralized applications, allowing users worldwide to write and run software that is resistant to censorship, downtime, and fraud. Ethereum's blockchain is designed to host other cryptocurrencies, called "tokens," through its ERC-20 compatibility standard. On the other hand, the Australian Dollar is a traditional form of fiat currency, regulated by the Australian government and the Reserve Bank of Australia. It is used for all forms of transactions within Australia and can be physically held and spent. Unlike Ethereum, the Australian Dollar does not operate on a blockchain, does not facilitate smart contracts, and is not resistant to censorship or fraud. Ethereum operates through a network of computers that work together as a supercomputer, validating and recording transactions that occur on its platform. In contrast, the Australian Dollar operates through a centralized banking system. Ethereum's potential use cases extend beyond the simple transfer of value, with its smart contracts being used to create decentralized applications, or "dapps," that enable users to interact directly with the blockchain. The Australian Dollar, however, is primarily used for buying goods and services within Australia.

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ETH to Australian Dollar conversion tables

The exchange rate of Ethereum is increasing.

The current value of 1 ETH is A$3,704.61 AUD. In other words, to buy 5 Ethereum, it would cost you A$18,523.03 AUD. Inversely, A$1.00 AUD would allow you to trade for 0.000270 ETH while A$50.00 AUD would convert to 0.013497 ETH, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 4.58%. Meanwhile, in the last 24 hours, the rate has changed by 4.82%, which means that the the highest exchange rate of 1 ETH to Australian Dollar was A$3,697.06 AUD and the lowest 24 hour value was 1 ETH for A$3,534.68 AUD. This time last month, the value of 1 ETH was A$3,999.75 AUD, which is a 5.69% increase from where it is now. Looking back a year, Ethereum has changed by A$2,531.11 AUD.

ETH to AUD performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
A$3,542.44 AUD
4.82%
A$3,502.93 AUD
4.58%
A$3,999.75 AUD
-5.69%
A$2,531.11 AUD
51.99%

ETH to AUD

Amount
Today at 4:05 am
0.5 ETH
A$1,852.30
1 ETH
A$3,704.61
5 ETH
A$18,523.03
10 ETH
A$37,046.05
50 ETH
A$185,230.27
100 ETH
A$370,460.55
500 ETH
A$1,852,302.73
1,000 ETH
A$3,704,605.45

AUD to ETH

Amount
Today at 4:05 am
0.5 AUD
0.000135 ETH
1 AUD
0.000270 ETH
5 AUD
0.0013 ETH
10 AUD
0.0027 ETH
50 AUD
0.0135 ETH
100 AUD
0.0270 ETH
500 AUD
0.13 ETH
1,000 AUD
0.27 ETH

Today vs. 24 hours ago

Amount
Today at 4:05 am
24 hours ago
24H Change
0.5 ETH
A$1,852.30
A$1,766.98
+4.83%
1 ETH
A$3,704.61
A$3,533.96
+4.83%
5 ETH
A$18,523.03
A$17,669.78
+4.83%
10 ETH
A$37,046.05
A$35,339.57
+4.83%
50 ETH
A$185,230.27
A$176,697.85
+4.83%
100 ETH
A$370,460.55
A$353,395.69
+4.83%
500 ETH
A$1,852,302.73
A$1,766,978.46
+4.83%
1,000 ETH
A$3,704,605.45
A$3,533,956.92
+4.83%

Today vs. 1 month ago

Amount
Today at 4:05 am
1 months ago
1M Change
0.5 ETH
A$1,852.30
A$1,956.64
-5.33%
1 ETH
A$3,704.61
A$3,913.27
-5.33%
5 ETH
A$18,523.03
A$19,566.37
-5.33%
10 ETH
A$37,046.05
A$39,132.74
-5.33%
50 ETH
A$185,230.27
A$195,663.69
-5.33%
100 ETH
A$370,460.55
A$391,327.38
-5.33%
500 ETH
A$1,852,302.73
A$1,956,636.91
-5.33%
1,000 ETH
A$3,704,605.45
A$3,913,273.82
-5.33%

Today vs. 1 year ago

Amount
Today at 4:05 am
1 year ago
1Y Change
0.5 ETH
A$1,852.30
A$1,191.62
+55.44%
1 ETH
A$3,704.61
A$2,383.23
+55.44%
5 ETH
A$18,523.03
A$11,916.16
+55.44%
10 ETH
A$37,046.05
A$23,832.33
+55.44%
50 ETH
A$185,230.27
A$119,161.63
+55.44%
100 ETH
A$370,460.55
A$238,323.25
+55.44%
500 ETH
A$1,852,302.73
A$1,191,616.27
+55.44%
1,000 ETH
A$3,704,605.45
A$2,383,232.54
+55.44%

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