
Australia
Currency
![]() Australia $2 1974-83 |
"The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru and Tuvalu. Within Australia it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used informally to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. The Australian dollar is currently the sixth-most-traded currency in the world foreign exchange markets, (behind the US dollar, the euro, the yen, the pound sterling, and the swiss franc), accounting for over 6% of worldwide foreign-exchange transactions . . . The Australian dollar is not a true dollar in the sense that it is descended directly from the Spanish pieces of eight, as is the case with the US dollar, the Canadian dollar, and the East Caribbean Dollar. The Australian dollar is essentially a half pound sterling. Australia followed the pattern of South Africa in that when it adopted the decimal system, it decided to use the half pound unit as opposed to the pound unit of account. The choice of the name dollar was motivated by the fact that the reduced value of the new unit corresponded more closely to the value of the US dollar than it did to the pound sterling . . ." — Australian dollar at Wikipedia. This version was edited and (or) revised by Mintmark.com
We're looking for good writers! Write an article about the currency of Australia at HubPages and get paid when you join their free affiliate program! Get Started Now!
Australia currency on eBay. Offers not visible? Refresh this page. Not on eBay?
● See other world currency.
● Before you buy the banknote, buy the book.
● Discount Currency Supplies at Jake's Marketplace, Inc.
![]() Google Buzz |
![]() |
![]() Sitemap |
Home | About | User Agreement | Privacy | Credits

http://www.mintmark.com/australiacurrency.html
Design by Tom Flowers. Hosted by IX Web Hosting.
Copyright © Mintmark.com. All Rights Reserved.




