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The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states ...
- Banknotes of The Australian Dollar
The notes of the Australian dollar were first issued by the...
- Australian Five-Dollar Note
The Australian five-dollar note was first issued on 29 May...
- Australian Twenty-Dollar Note
The Australian twenty-dollar note was issued when the...
- Coins of The Australian Dollar
Coins of the Australian dollar. The coins of the Australian...
- A Smaller $2 Coin
The Australian two-dollar coin is the highest-denomination...
- Australian Fifty-Dollar Note
The Australian fifty-dollar note is an Australian banknote...
- Australian Fifty-Cent Coin
The twelve-sided Australian fifty-cent coin is the...
- U.S. Dollar
The United States dollar (symbol: $; currency code: USD;...
- Australian Ten-Dollar Note
The Australian ten-dollar note was one of the four original...
- Note Printing Australia
Note Printing Australia (NPA) is a wholly owned subsidiary...
- Banknotes of The Australian Dollar
A national Australian currency was created in 1910, as the Australian Pound, which in 1966 was decimalised as the Australian Dollar. From the early 19th century until 1971, the exchange rate of Australian currency was fixed to the British pound. [3]
The Australian dollar (AUD) is the official currency of the Commonwealth of Australia. It has been in use since February 14, 1966. The Australian dollar is also used on Christmas Island, Cocos (Keeling) Islands, Norfolk Island, and the independent Pacific Islands of Kiribati, Nauru and Tuvalu.
Quick Facts A$, AU$, ISO 4217 ... Reserve Bank of Australia, March quarter 2024. The Australian dollar was introduced as a decimal currency on 14 February 1966 to replace the non-decimal Australian pound, with the conversion rate of two dollars to the pound (A£1 = A$2). It is subdivided into 100 cents.
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Is Australia a floating currency?
Since then, the Australian dollar has fluctuated from a low of 47.75 US cents in April 2001 to a high of US$1.10 in July 2011. The long road to the float. The idea first took hold in Australia when Commonwealth Bank governor “Nugget” Coombs visited Canada in 1953, at a time when it was one of the few countries with a floating exchange rate.