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Official Currency of Australia
When you plan to visit the country, before leaving you research about what is Australia currency and then exchange that from your local one. The currency used in Australia is Australian dollars. Australia currency is known with the letters “AUD”. The Australia currency is donated by with the dollar sign ($). The Australia currency is subdivided into 100 cents. Not only in Australia but in the external territories of the state like Christmas Island the same Australia currency can be used. The Australia currency or Australian dollars were considered the fifth most traded currency in the world in 2016. In the foreign trade market, it trades along with US dollars, the euro, the yen, and then pound sterling. The Australia currency has a high value as most of the times the Australia currency rate remains high in the market.
Information About Australian Banknotes Currency & Coins
Nowadays, in Australia currency, banknotes and coins are used. The bank notes that are used frequently by the people are $5, $10, $20, $50, and $100. Coins are also a significant part of Australia currency, and the coins are of 5c, 10c, 20c, 50c, $1, and $2. The Australia currency was introduced in the state on 14 February 1996 as Australian pounds with was replaces in coming years with dollars. If you have Pakistani rupees, the Australia currency to pkr is 88.58 rupees. United States dollars can exchange the Australia currency to by knowing the Australia currency to usd. 1 Australia currency’s dollar is equal to 0.72 United States dollar.