"AUD" redirects here. For other uses, see AUD (disambiguation).
Australian dollar
A$, AU$
$100 banknote (2020, obverse)
$1 coin (reverse)
ISO 4217
Code
AUD (numeric: 036)
Subunit
0.01
Unit
Unit
dollar
Symbol
$
Denominations
Subunit
1⁄100
cent
Symbol
cent
c
Banknotes
Freq. used
$5, $10, $20, $50, $100
Rarely used
$1, $2 (no longer in production)
Coins
Freq. used
5c, 10c, 20c, 50c, $1, $2
Rarely used
1c, 2c (no longer in production)
Demographics
Date of introduction
14 February 1966
Replaced
Australian pound
User(s)
Australia
7 external territories
Ashmore and Cartier Islands Australian Antarctic Territory Christmas Island Cocos (Keeling) Islands Coral Sea Islands Territory Heard Island and McDonald Islands Norfolk Island
3 other countries
Kiribati (alongside Kiribati dollar) Nauru Tuvalu (alongside Tuvaluan dollar)
Issuance
Central bank
Reserve Bank of Australia
Website
www.rba.gov.au
Printer
Note Printing Australia
Website
www.noteprinting.com
Mint
Royal Australian Mint
Website
www.ramint.gov.au
Valuation
Inflation
3.6% (Australia only)
Source
Reserve Bank of Australia, March quarter 2024.
Pegged by
Tuvaluan dollar and Kiribati dollar at par
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies;[1][2] 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: Kiribati, Nauru, and Tuvalu.[3][4][5][6] In April 2022[update], it was the sixth most-traded currency in the foreign exchange market[7] and as of Q4 2023[ref] the seventh most-held reserve currency in global reserves.[8]
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. The $ symbol precedes the amount. On the introduction of the currency, the $ symbol was intended to have two strokes, but the version with one stroke has also always been acceptable.[9][10]
In 2023[update], there were A$4.4 billion in coins[11] and A$101.3 billion in notes[12] of Australian currency in circulation, or around A$6,700 per person in Australia,[13] which includes cash reserves held by the banking system and cash in circulation in other countries or held as a foreign exchange reserve.
^McGovern, Gerry; Norton, Rob; O'Dowd, Catherine (2002). The Web content style guide: an essential reference for online writers ... FT Press. p. 104. ISBN 978-0-273-65605-0. Archived from the original on 14 January 2023. Retrieved 30 July 2010.
^The Canadian Style. Dundurn Press/Translation Bureau. 1997. ISBN 1-55002-276-8. Retrieved 30 July 2010.
^Reserve Bank Act 1959, s.36(1) Archived 16 June 2019 at the Wayback Machine, and Currency Act 1965, s.16 Archived 9 May 2019 at the Wayback Machine
^"Currency". The Government of the Republic of Nauru. Retrieved 12 February 2023.
^"Tuvalu country brief". Australian Government – Department of Foreign Affairs and Trade. Retrieved 12 February 2023.
^"Kiribati country brief". Australian Government – Department of Foreign Affairs and Trade. Retrieved 12 February 2023.
^Triennial Central Bank Survey Foreign exchange turnover in April 2022 (PDF) (Report). Bank for International Settlements. 27 October 2022. p. 12. Archived (PDF) from the original on 27 October 2022.
^"Currency Composition of Official Foreign Exchange Reserves". IMF Data. International Monetary Fund. 9 March 2024.
^Style Manual: For Authors and Printers of Australian Government Publications (1st ed.). Canberra: Commonwealth Government Printing Office. 1966. p. 35. OCLC 10365249.
^Australian Decimal Currency Board (1965). The decimal currency handbook : a comprehensive guide to Australia's new decimal currency and the changeover period - planned to begin in 1966. p. 19. NLA: 585292.
^Royal Australian Mint (22 September 2023). 2022–23 Annual Report (PDF) (Report). Commonwealth of Australia. p. 95. ISSN 2206-0375.
^Reserve Bank of Australia Annual Report 2023 (Report). 14 September 2023. p. 103. ISSN 1448-5303.
^Wright, Shane (23 July 2023). "Big change: Development shows Australia may have reached peak cash". The Sydney Morning Herald. Nine Entertainment. Retrieved 20 December 2023.
The Australiandollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; and also referred...
the Australiandollar were introduced on 14 February 1966, although they did not at that time include the one-dollar or two-dollar coins. The dollar was...
The notes of the Australiandollar were first issued by the Reserve Bank of Australia on 14 February 1966, when Australia changed to decimal currency and...
the Australiandollar, Brunei dollar, Canadian dollar, Eastern Caribbean dollar, Hong Kong dollar, Jamaican dollar, Liberian dollar, Namibian dollar, New...
Zimbabwean dollar, currencies including the South African rand, Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australiandollar, Chinese...
States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U...
coins since 1976. However, the Tuvaluan dollar is used as a unit of account, and is pegged to the Australiandollar (the other currency of Tuvalu) at parity...
to. A national Australian currency was created in 1910, as the Australian Pound, which in 1966 was decimalised as the AustralianDollar. From the early...
The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $. There is no standard...
Zealand dollar was devalued even more from NZ$1 = US$1.40 to US$1.12, to match the value of the Australiandollar. In 1971 the US devalued its dollar relative...
The Kiribati dollar is one of the two official currencies of Kiribati. The Kiribati coins are pegged at 1:1 ratio to the Australiandollar, the other official...
The Singapore dollar (sign: S$; code: SGD) is the official currency of the Republic of Singapore. It is divided into 100 cents. It is normally abbreviated...
replaced the old Taiwan dollar, at a rate of 40,000 old dollars per one new dollar. The basic unit of the New Taiwan dollar is called a yuan (圓) and...
The Spanish dollar, also known as the piece of eight (Spanish: real de a ocho, dólar, peso duro, peso fuerte or peso), is a silver coin of approximately...
Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania...
also using the dollar sign. It is subdivided into 100 cents. Prior to the Solomon Islands Dollar, Solomon Islands used the Australian pound. However,...
and alternative currencies are not under the purview of this list. U.S. dollar, the official currency of the United States, the world's dominant reserve...
The currency of Australia and its territories is the Australiandollar, which it shares with several Pacific nation states. Australia's economy is strongly...
distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australiandollar. Like other £sd currencies, it...
Canadian dollars as a reserve currency. In the economy of the Americas, the Canadian dollar plays a similar role to that played by the Australiandollar (AUD)...
Global Information
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