Australian Dollar

About The Australian Dollar: The Strong Currency of Australia

Quick Facts About the Australian Dollar Notes

Country of Origin	Australia
Symbol	$, A$, AUD
Currency Code	AUD
Nick Names	Buck, Dough, Aussie
Minor units	Cent
Denominations (Banknotes)	5, 10, 20, 50 and 100 dollars
Motto
Identification Feature	Her Majesty Queen Elizabeth II has reigned as Queen of the United Kingdom for the greatest length of time compared to any other monarch. Since the day of her coronation, her portrait has been included on each new series of Australian banknotes.
Issuing Bank	Reserve Bank of Australia
In Circulation Since	February 14, 1966
INR Exchange Rate	53.2453 🔄

The Australian Dollar, also abbreviated as AUD, is the national currency of Australia. On the international currency market, the Australian dollar is also known as a few other names. In 1966, the Australian pound was changed over to the Australian dollar as the country's official currency. The Australian dollar serves as the primary currency for a number of nations and territories across the world.

The current rate of the Australian Dollar is INR (53.2453 🔄) . You can keep an eye on the live Australian Dollar value.

History of the Australian Dollar

Although the first banknotes were not printed in Australia until after the turn of the twentieth century, the country had its own currency for much of that time. In 1910, the Australian Notes Act was enacted, making the National Treasury responsible for printing banknotes and designating the Australian pound as the country's official currency. Paper decimal banknotes were introduced in Australia in 1966.

The first series of paper Australian banknotes with decimal denominations (1, 2, 10, and 20 Australian dollars) was released in 1966, with the 5 Australian dollar note following in 1967. The 50 and 100-dollar bills were reissued in 1973 and 1984, respectively.

In 1988, in honour of Australia's bicentennial, the government produced a polymer version of its 10-dollar banknote. This was made possible by the Reserve Bank's work in developing new technology for printing banknotes in Australia. To replace the initial decimal banknotes, a new series of banknotes was manufactured in polymer between 1992 and 1996.

On September 27, 2012, the Reserve Bank of Australia announced that it had issued a project order to improve the nation's current banknotes. So, in the second instalment of the Polymer series, the notes were released with more security features. In fact, those who struggle with their vision would find using the new and improved banknotes much less of a challenge if they featured tactile elements such as Braille dots.

Countries Accepting the Australian Dollar

Amount in the Australian Dollar You Should Carry for Your Trip

The total price of your vacation to Australia will be determined in part by the form of transportation you choose, the location of your accommodations, and the dining options, amongst other factors.

If you want to go on vacation and satisfy all of your essential requirements, you should set up approximately AU$85 per day in your budget. If you indulge in things like private transportation, dinners at Michelin-starred restaurants, and stays at five-star hotels, a luxury vacation might easily cost more than AU$600 per day. Nevertheless, if you and your significant other are considering taking a trip, you should be aware that the entire cost of the vacation could range anywhere from AU$175 to AU$1,200, depending on the specifics of the trip.

One night's stay at a hotel in Australia can cost anything from AU$45 to AU$300 per person per day, depending on the establishment. On a yearly basis, it amounts to approximately this much. Your daily transportation costs could range anywhere from AU$20 to AU$105 per day, depending on whether you opt to walk, ride the bus, or call a cab.

You can check out the Australian dollar price today in order to start planning your vacation.