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AUDNZD is a currency pair of the Australian dollar (AUD) and the New Zealand dollar (NZD). The Australian dollar is the currency of Australia, one of the world's most resource-rich countries, and the New Zealand dollar is the currency of New Zealand, also known as the Kiwi dollar. The Australian dollar is a currency with a high interest rate and enduring popularity, while the country is politically and economically more stable than emerging economies. Australia is rich in energy resources such as iron ore and coal, and is also a gold-producing country, which means that the Australian dollar is highly correlated to the prices of gold and other resources. In addition, as resource-rich countries are greatly affected by the economies of their export partners, the Chinese economy, Australia's largest export partner, has a significant impact on the currency. The kiwi is the national bird of New Zealand and is often used to refer to the New Zealand dollar. The New Zealand dollar tends to move similarly to the Australian dollar due to the close economic and political ties between these two neighboring countries. It also shares some similarities with Australia in terms of national politics, such as high interest rates and being a resource-rich country greatly affected by the economy of the export partner, China.