Back Australiese dollar Afrikaans Dólar australiano AN دولار أسترالي Arabic دولار اوسترالى ARZ Dólar australianu AST Avstraliya dolları Azerbaijani Australischa Dollar BAR Australėjės duoleris BAT-SMG Аўстралійскі долар Byelorussian Аўстралійскі даляр BE-X-OLD
A$, AU$ | |||||
|---|---|---|---|---|---|
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| 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
3 other countries
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| Issuance | |||||
| Central bank | Reserve Bank of Australia | ||||
| Website | www | ||||
| Printer | Note Printing Australia | ||||
| Website | www | ||||
| Mint | Royal Australian Mint | ||||
| Website | www | ||||
| Valuation | |||||
| Inflation | 4.1% (Australia only) | ||||
| Source | Reserve Bank of Australia, December quarter 2023. | ||||
| 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] As of 2022[update], it is the sixth most-traded currency in the foreign exchange market and also the seventh most-held reserve currency in global reserves.[7]
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.[8][9]
In 2023, there were A$4.4 billion in coins[10] and A$101.3 billion in notes[11] of Australian currency in circulation, or around A$6,700 per person in Australia,[12] 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.
- ^ "Currency Composition of Official Foreign Exchange Reserves". International Monetary Fund. 23 December 2022. Retrieved 31 December 2022.
- ^ 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.
- ^ 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.