Australian dollar exchange rate

Here you can watch how the Australian dollar fluctuates in the market and when the Australian dollar is at its best.

The Australian dollar AUD is the official currency of Australia, Kiribati, Nauru, Tuvalu, Christmas Island, Cocos Islands and Norfolk Island

Origins and history

Australia’s first banknotes were printed more than a century ago, but the country had currency much earlier.

The discovery of gold in the country in 1851 led to the minting of gold coins, which in turn led to the development of the banking system. Commercial banks issued their own banknotes, but people did not trust them at all, and especially after 1893 several banks went bankrupt.

1910 the Australian Bonds Act was passed and the National Treasury was tasked with issuing banknotes and the Australian pound became the official currency.

In 1966 The Reserve Bank of Australia issued the first series of paper Australian dollar notes in denominations of 1, 2, 10 and 20 Australian dollars, and in 1967 also issued $5 bills. Later, in 1973 and 1984, 50 and 100 Australian dollar banknotes appeared.

In 1998 January 10 Australian dollar polymer banknote is issued using the latest printing technology.

Since 1992 until 1996 a new series of banknotes was created and all Australian dollars were printed only in polymer to prevent counterfeiting, which was rapidly increasing due to the development of new technologies.

Current Australian dollar coins and banknotes

Polymer Australian dollars: 5, 10, 20, 50 or 100 Australian dollars.

1 Australian dollar is equal to 100 cents.

Australian dollar. Currency exchange rates in Vilnius Kaunas

Regarding coins, there are 1 and 2 dollars and 5, 10, 20 and 50 cents in circulation.

Australijos dolerių AUD monetos

Australian dollar symbols: $, A$, AUD

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