AUD Stats
Name: Australian Dollar
Symbol: $ Cent: c
Minor Unit:
1/100 = Cent
Central Bank Rate: 2.5
Top AUD Conversion:
AUD/GBP
AUD Profile
Inflation: 2.4%
Nicknames: Buck, Dough
Coins:
Freq Used: $1, $2, 5c, 10c, 20c, 50c
Banknotes:
Freq Used: $5, $10, $20, $50, $100
Central Bank:
Reserve Bank of Australia
Website: http://www.rba.gov.au
AUD Profile
Inflation: 2.4%
Australian Dollar History
Importance of the Australian Dollar
The central bank in Australia is called the Reserve Bank of Australia. As the 5th most traded currency in the world, the Australian dollar is also referred to as buck, dough, or the Aussie. The Australian Dollar is known as a commodity currency due to its substantial raw material exports. As a result, the AUD is affected by China and other Asian import markets. A carry trade is a strategy in which a currency with low interest rate is sold in order to buy a currency with a higher interest rate.
Early Currency in Australia
When New South Wales was first established in 1788 the English Pound was the official currency, although Spanish Dollars were used quite regularly. In 1813, to try to discourage the illegal use of Spanish Dollars, the centers of the coins were cut out; they became known as 'holey dollars' and the cores were called 'dumps'; this was Australia's first form of coinage.
From the Pound Sterling to the Australian Dollar
In 1825, the government imposed the Sterling standard and British coins began to be minted in Australia. These silver and bronze coins continued to be used until 1910, when a new national currency, the Australian Pound, was introduced. The Australian Pound was fixed in value to the Pound Sterling and, as a result, used a gold standard. Three years later, the first series of Australian notes were issued. In February of 1966, the Australian Dollar (AUD) was introduced under a decimalized system; dollars and cents replacing the pounds, shillings, and pence. In 1988, banknotes were converted to polymer, a technology originally developed in Australia to help prevent counterfeiting.
Exchange Rates with respect to all countries:
BAM
Convertible Mark
AUD to BAM
1.35982
BGN
Bulgarian Lev
AUD to BGN
1.35982
CHF
Swiss Franc
AUD to CHF
0.83494
CZK
Czech Koruna
AUD to CZK
19.62664
DKK
Danish Krone
AUD to DKK
5.17180
EUR
Euro
AUD to EUR
0.69527
GBP
British Pound Sterling
AUD to GBP
0.53744
HRK
Croatian Kuna
AUD to HRK
5.33814
HUF
Hungarian Forint
AUD to HUF
222.46402
ISK
Icelandic Krona
AUD to ISK
106.68845
MDL
Moldovan Leu
AUD to MDL
13.63554
MKD
Macedonian Denar
AUD to MKD
42.85170
NOK
Norwegian Krone
AUD to NOK
6.24807
PLN
Polish Zloty
AUD to PLN
2.96148
RON
Romanian Leu
AUD to RON
3.12369
RSD
Serbian Dinar
AUD to RSD
85.16234
RUB
Russian Rouble
AUD to RUB
52.65452
SEK
Swedish Krona
AUD to SEK
6.61406
TRY
Turkish Lira
AUD to TRY
1.86999
UAH
Ukraine Hryvnia
AUD to UAH
12.91919
North America
AWG
Aruban Florin
AUD to AWG
1.46593
BBD
Barbadian Dollar
AUD to BBD
1.63791
BMD
Bermudian Dollar
AUD to BMD
0.81895
BSD
Bahamian Dollar
AUD to BSD
0.81895
CAD
Canadian Dollar
AUD to CAD
0.97984
DOP
Dominican Peso
AUD to DOP
36.38052
GTQ
Guatemalan Quetzal
AUD to GTQ
6.27929
JMD
Jamaican Dollar
AUD to JMD
93.95363
MXN
Mexican Peso
AUD to MXN
11.88104
PAB
Panamanian Balboa
AUD to PAB
0.81895
USD
US Dollar
AUD to USD
0.81895
XCD
East Caribbean Dollar
AUD to XCD
2.21117
Asia
BDT
Bangladeshi Taka
AUD to BDT
63.56998
CNY
Chinese Yuan
AUD to CNY
5.07238
HKD
Hong Kong Dollar
AUD to HKD
6.34689
IDR
Indonesian Rupiah
AUD to IDR
10334.52986
INR
Indian Rupee
AUD to INR
50.62393
JPY
Japanese Yen
AUD to JPY
96.41167
KHR
Cambodian Riel
AUD to KHR
3338.01119
KRW
South Korean Won
AUD to KRW
886.71126
LAK
Lao Kip
AUD to LAK
6632.94514
LKR
Sri Lankan Rupee
AUD to LKR
107.76118
MVR
Maldivian Rufiyaa
AUD to MVR
12.56275
MYR
Malaysian Ringgit
AUD to MYR
2.91977
NPR
Nepalese Rupee
AUD to NPR
80.99829
PHP
Philippine Peso
AUD to PHP
36.50170
PKR
Pakistani Rupee
AUD to PKR
82.46437
SGD
Singapore Dollar
AUD to SGD
1.09296
THB
Thai Baht
AUD to THB
26.83807
TWD
Taiwanese Dollar
AUD to TWD
26.06522
VND
Vietnamese Dong
AUD to VND
17481.64882
Oceania
FJD
Fijian Dollar
AUD to FJD
1.63746
NZD
New Zealand Dollar
AUD to NZD
1.06139
XPF
CFP Franc
AUD to XPF
82.96721
South America
ARS
Argentine Peso
AUD to ARS
7.03747
BOB
Bolivian Boliviano
AUD to BOB
5.65704
BRL
Brazilian Real
AUD to BRL
2.14260
CLP
Chilean Peso
AUD to CLP
512.48509
COP
Colombian Peso
AUD to COP
1987.40298
PEN
Peruvian Sol
AUD to PEN
2.45470
PYG
Paraguayan Guaraní
AUD to PYG
3872.86129
UYU
Uruguayan Peso
AUD to UYU
20.27512
VEF
Venezuelan Bolívar
AUD to VEF
5.15940
Africa
EGP
Egyptian Pound
AUD to EGP
5.85837
GHS
Ghana Cedi
AUD to GHS
2.63669
GMD
Gambian Dalasi
AUD to GMD
35.41973
KES
Kenyan Shilling
AUD to KES
74.76924
MAD
Moroccan Dirham
AUD to MAD
7.58298
MGA
Malagasy Ariary
AUD to MGA
2151.43572
MUR
Mauritian Rupee
AUD to MUR
26.30884
NAD
Namibian Dollar
AUD to NAD
9.38782
NGN
Nigerian Naira
AUD to NGN
150.15866
SCR
Seychellois Rupee
AUD to SCR
11.58812
TND
Tunisian Dinar
AUD to TND
1.55121
UGX
Ugandan Shilling
AUD to UGX
2366.77404
XAF
Central African Franc
AUD to XAF
456.06410
XOF
West African Franc
AUD to XOF
456.06410
ZAR
South African Rand
AUD to ZAR
9.38782
Middle East
AED
Arab Emirates Dirham
AUD to AED
3.00760
BHD
Bahraini Dinar
AUD to BHD
0.30793
ILS
Israeli Sheqel
AUD to ILS
3.19308
IRR
Iranian Rial
AUD to IRR
22403.53195
JOD
Jordanian Dinar
AUD to JOD
0.58064
KWD
Kuwaiti Dinar
AUD to KWD
0.24098
LBP
Lebanese Pound
AUD to LBP
1234.57154
OMR
Omani Rial
AUD to OMR
0.31488
QAR
Qatari Riyal
AUD to QAR
2.98099
SAR
Saudi Riyal
AUD to SAR
3.07107
SYP
Syrian Pound
AUD to SYP
147.94876