In which year did the Australian dollar experience a record low exchange rate?

The Australian dollar reached a record low exchange rate in 2001, primarily due to several economic factors affecting the country and the global economy at that time. At this point, the Australian economy was feeling the impact of the bursting of the dot-com bubble, which led to a decrease in demand for Australian exports, particularly commodities that were affected by global economic conditions. Additionally, fluctuations in interest rates and economic confidence contributed to the depreciation of the currency as investors sought stability in other markets.

In the years that followed, particularly in 2005, 2008, and 2010, the Australian dollar experienced various levels of volatility and changes in value, often influenced by global economic conditions, commodity prices, and interest rate adjustments. However, the lowest exchange rate recorded for the dollar occurred in 2001, making this the correct answer for the question.