| Australian dollar |
 |
 | | $100 | $2 | | | ISO 4217 Code | AUD | | User(s) | Australia, Kiribati, Nauru, Tuvalu, Christmas Island, Cocos (Keeling) Islands, and Norfolk Island | | Inflation | 3.3% (Australia only) | | Source | Reserve Bank of Australia, December 2006 | | Pegged by | Tuvaluan dollar and Kiribati dollar at par | | Subunit | | | 1/100 | cent | | Symbol | $ or AUD | | cent | c | | Coins | 5c, 10c, 20c, 50c , $1, $2 | | Banknotes | $5, $10, $20, $50, $100 | | 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 | “AUD” redirects here. For other uses, see Aud. The Australian dollar (currency code AUD) has been, since 14 February 1966, 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. It is normally abbreviated with the dollar sign $. Alternatively A$ or $A, $AU or AU$ is used to distinguish it from other dollar-denominated currencies. It is sometimes affectionately called the "Aussie battler"; during a low period (relative to the U.S. dollar) around 2001 and 2002 the currency was sometimes locally called the "Pacific Peso". It is divided into 100 cents. Australian $100 note, front. ...
Image File history File links Australian_Two_Dollar_Rev. ...
A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ...
The dollar is the currency of Tuvalu. ...
This is not an independant currency but is peges at 1:1 ratio to the Australian dollar. ...
A two-cent euro coin A United States penny, or 1¢ In currency, the cent is a monetary unit that equals 1/100 of the basic unit of value. ...
A two-cent euro coin A United States penny, or 1¢ In currency, the cent is a monetary unit that equals 1/100 of the basic unit of value. ...
Coins of the Australian dollar was introduced on 14 February 1966. ...
The Australian 5 cent coin was first minted in 1966 with an initial mintage of 75. ...
The Australian 10 cent coin is the second least valued coin in circulation and also the second most produced coin. ...
The 20 cent coin of the Australian decimal currency system was issued with conversion to decimal currency on 14 February 1966. ...
The twelve-sided Australian 50 cent piece is the largest Australian coin currently issued and second largest after the Crown of 1937-38. ...
The Australian 1 dollar coin was first issued in 1984 to replace the 1 dollar note then in circulation, this coin seems to be the most circulated denomination in Australia. ...
The Australian 2 dollar coin was issued to replace the Two dollar note in 1988, the image of the Aboriginal Elder, One pound Jimmy by Artist Ainslie Roberts with the Southern Cross and grass tree (Xanthorrhoea). ...
The first paper issues of Australian dollars, issued in 1966, featured portraits of the following persons: The $5 note was not issued until 1967. ...
The Australian five dollar banknote was issued one year after the currency was changed from the Australian pound to the Australian dollar on 14 February 1966. ...
Banjo Paterson Mary Gilmore Commemorative $10 1988 Francis Greenway Henry Lawson The Australian ten dollar banknote was issued when the currency was changed from the Australian pound to the Australian dollar on the 14 February 1966, it replaced the £5 note which had the same blue colouration. ...
Obverse with Mery Reibey Reverse with John Flynn Obverse with Charles Kingsford Smith. ...
The front of the current fifty dollar note. ...
Nellie Melba John Monash Douglas Mawson John Tebbutt The Australian one hundred dollar banknote was issued due to inflation in the year 1984. ...
Reserve Bank of Australia in Martin Place, Sydney The Reserve Bank of Australia came into being on the 14th January 1960 to operate as Australias central bank and banknote issuing authority. ...
The word printer is used to describe a company that provides commercial printing services, involving typesetting, printing and book-binding. ...
Note Printing Australia (NPA), which is located in Craigieburn, Melbourne, is a wholly owned subsidiary of the Reserve Bank of Australia and was corporatised in July 1998. ...
A mint is a facility which manufactures coins for currency. ...
The Royal Australian Mint is situated in the Australian federal capital city of Canberra, in the suburb of Deakin. ...
Au. ...
February 14 is the 45th day of the year in the Gregorian calendar. ...
1966 (MCMLXVI) was a common year starting on Saturday (the link is to a full 1966 calendar). ...
The Pacific Ocean contains an estimated 20,000 to 30,000 islands; the exact number has not been precisely determined. ...
$ The dollar sign ($) is a symbol primarily used to indicate a unit of currency. ...
United States one-dollar bill Canadian one-dollar coin (Loonie) One New Taiwan dollar Australian one-dollar coin 500 old Zimbabwean dollars The dollar (represented by the dollar sign: $ which comprises a single vertical line through a capital S) is the name of the official currency in several countries, dependencies...
ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...
A two-cent euro coin A United States penny, or 1¢ In currency, the cent is a monetary unit that equals 1/100 of the basic unit of value. ...
The Australian dollar is currently the fifth-most-traded currency in world foreign exchange markets (behind the U.S. dollar, the euro, the yen, and the Pound sterling, accounting for approximately 4–5% of worldwide foreign exchange transactions. The Australian dollar is popular with currency traders due to the relative lack of government intervention in the foreign exchange market, the general stability of the economy and government as well as the prevailing view that it offers diversification benefits in a portfolio containing the major world currencies (especially because of its greater exposure to Asian economies and the commodities cycle). In finance, the exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. ...
ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...
For other uses, see Euro (disambiguation) or EUR (disambiguation). ...
Japanese 10 yen coin (obverse) showing Phoenix Hall of Byodoin Yen is the currency used in Japan. ...
ISO 4217 Code GBP User(s) United Kingdom, the British Indian Ocean Territory[1] Inflation 2. ...
History
The Australian dollar was introduced on 14 February 1966, not only replacing the Australian pound (long since distinct from the pound sterling), but also introducing a decimal system. February 14 is the 45th day of the year in the Gregorian calendar. ...
1966 (MCMLXVI) was a common year starting on Saturday (the link is to a full 1966 calendar). ...
The Australian pound was Australias currency from 1910 to 1966. ...
ISO 4217 Code GBP User(s) United Kingdom, the British Indian Ocean Territory[1] Inflation 2. ...
In the management of currencies, decimalisation (or decimalization) is the process of converting from traditional denominations to a decimal system, usually with two units differing by a factor of one hundred. ...
The royal In 1965 the Prime Minister at the time, Robert Menzies wished to name the currency "The Royal", and other names such as "the Austral", "The Oz", "The Boomer", "The Roo", "The Kanga", "The Emu", "The Digger", "The Kwid" and "Ming" (the nickname of Menzies) were also proposed. Due to Menzies' influence, the name "Royal" was settled upon, and trial designs were prepared and printed by the printing works of the Reserve Bank of Australia. The unusual choice of name for the currency proved unpopular, and it was later shelved in favour of "dollar". A prime minister is the very most senior minister of a cabinet in the executive branch of government in a parliamentary system. ...
Sir Robert Gordon Menzies, KT, AK, CH, FRS, QC (20 December 1894 â 14 May 1978), Australian politician, was the twelfth and longest-serving Prime Minister of Australia, serving eighteen and a half years. ...
Reserve Bank of Australia in Martin Place, Sydney The Reserve Bank of Australia came into being on the 14th January 1960 to operate as Australias central bank and banknote issuing authority. ...
On 14 February 1966 the Australian dollar was introduced at a rate of two dollars per pound, or ten shillings per dollar. Image File history File links 20royalsfront. ...
Image File history File links 20royalsfront. ...
February 14 is the 45th day of the year in the Gregorian calendar. ...
1966 (MCMLXVI) was a common year starting on Saturday (the link is to a full 1966 calendar). ...
Before decimalisation in 1971, a shilling had a value of 12d (old pence), and was equal to 1/20th of a pound: there were 240 (old) pence to the pound. ...
In 1967 the Australian dollar effectively left the sterling area for the first time. When sterling devalued in 1967 against the U.S. dollar, the new Australian dollar did not follow. It maintained its peg to the U.S. dollar at the same rate.
Coins
Australian twenty-cent coin -
All coins portray Queen Elizabeth II on the obverse and are produced by the Royal Australian Mint. ImageMetadata File history File links Oz20cent. ...
ImageMetadata File history File links Oz20cent. ...
Australian coins refers to the coins which are or were in use as Australian currency. ...
A coin is usually a piece of hard material, generally metal, usually in the shape of a disc, and most often issued by a government, to be used as a form of money in transactions. ...
Elizabeth II (Elizabeth Alexandra Mary Windsor; born 21 April 1926) is Queen of sixteen sovereign states, holding each crown and title equally. ...
The Royal Australian Mint is situated in the Australian federal capital city of Canberra, in the suburb of Deakin. ...
The one and two-cent coins were discontinued in 1990-91 and withdrawn from circulation. Cash transactions are rounded to the nearest five cents, or rounded down at the option of the retailer. In commemoration of the 40th anniversary of decimal currency, the 2006 mint Proof and Uncirculated sets include 1 and 2 cent coins. As with most public changes to currency systems, there has been a great amount of seignorage of these discontinued coins, meaning the vast majority are never going to be worth a significant amount of money. For other uses, see Cash (disambiguation). ...
Decimal currency is the term used to describe any currency for which the ratio between the basic unit of currency and its sub-unit is a power of 10. ...
A beautiful example of a proof coin. ...
In Coin collecting, Coin grading is the process of determining the grade or condition of a coin, the key factor in its value as a collectors item. ...
Seigniorage, also spelled seignorage, is the net revenue derived from the issuing of currency. ...
Australia has long issued commemorative 50 cent coins as a follow up to the commemorative crowns used prior to decimal currency. The first commemorative 50 cent coin was in 1970, commemorating Captain Cook's exploration along the east coast of the Australian continent, followed in 1977 by a coin for Queen Elizabeth II's Silver Jubilee, the wedding of Charles and Diana in 1981, Commonwealth Games in 1982 and the Australian Bicentenary in 1988. Issues expanded into greater numbers in the 1990s and the 21st century, responding to collector demand. British explorer James Cook is most noted for having discovered Australia and Hawaii. ...
Elizabeth II in an official portrait as Queen of Canada (on the occasion of her Golden Jubilee in 2002, wearing the Sovereigns badges of the Order of Canada and the Order of Military Merit) Her Majesty Queen Elizabeth II (Elizabeth Alexandra Mary) (born 21 April 1926), styled HM The...
Elizabeth IIs Silver Jubilee and her domestic and international visits proved very popular with her subjects. ...
The Prince Charles, Prince of Wales (Charles Philip Arthur George Mountbatten-Windsor; born Windsor, 14 November 1948), is the eldest son of Queen Elizabeth II and Prince Philip, Duke of Edinburgh. ...
Diana, Princess of Wales (Diana Frances Mountbatten-Windsor; née Spencer; 1 July 1961 â 31 August 1997) was the first wife of Charles, Prince of Wales, eldest son and heir apparent of Elizabeth II. Her two sons, Princes William and Harry, are second and third, respectively, in line to the...
Current flag of the Commonwealth Games Federation Locations of the games, and participating countries The Commonwealth Games is a multinational, multi-sport event. ...
The Skyneedle at Expo88, as part of the celebrations for the 1988 Bicentenary Australian Bicentenary usually describes two events: The Bicentenary of Captain James Cooks arrival and discovery of the east coast of Australia in 1770. ...
For the band, see 1990s (band). ...
The 21st century is the present century of the Anno Domini (common) era, in accordance with the Gregorian calendar. ...
Australia has also made special issues of 20 cent, 50 cent and $1 coins. There are also many Australian five dollar coins of aluminium/bronze and bi-metal as well as many silver and gold bullion coins in higher denominations. These, like the U.S coins of higher denomination than 1 dollar or which are made of precious metals, are not normally used in payment but are still legal tender. General Name, Symbol, Number aluminium, Al, 13 Chemical series poor metals Group, Period, Block 13, 3, p Appearance silvery Standard atomic weight 26. ...
Assorted ancient Bronze castings found as part of a cache, probably intended for recycling. ...
thermocouple and Peltier_Seebeck effect. ...
General Name, Symbol, Number silver, Ag, 47 Chemical series transition metals Group, Period, Block 11, 5, d Appearance lustrous white metal Atomic mass 107. ...
General Name, Symbol, Number gold, Au, 79 Chemical series transition metals Group, Period, Block 11, 6, d Appearance metallic yellow Atomic mass 196. ...
A precious metal is a rare metallic element of high, durable economic value. ...
Legal tender or forced tender is payment that cannot be refused in settlement of a debt denominated in the same currency by virtue of law. ...
Banknotes -
The first paper issues of Australian dollars, issued in 1966, featured portraits of the following persons: The $5 note was not issued until 1967. ...
First series The first paper issues of Australian dollars were issued in 1966. The $1, $2, $10, and $20 had exact exchange rates with the former pounds. The $5 note was issued in 1967, after the public had become familiar with decimal currency. It did not have any equivalence with the previous currency. The one dollar note was replaced by a coin in 1984, while the two dollar note was replaced by a coin in 1988. The $50 note was introduced in 1973 and the $100 note in 1984, in response to inflation requiring larger denominations for transactions.
Polymer series
The first polymer banknote, the 1988 Australian $10 note In 1988, the Reserve Bank of Australia issued plastic, specifically polypropylene polymer banknotes (which were produced by Note Printing Australia), to commemorate the bicentenary of European settlement in Australia. These notes contained a transparent window with an optically variable image of Captain James Cook as a security feature. Australian banknotes were the first in the world to use such features. Australian $10 note. ...
Australian $10 note. ...
This article or section does not adequately cite its references or sources. ...
Polypropylene lid of a Tic Tacs box, with a living hinge and the resin identification code under its flap Micrograph of polypropylene Polypropylene or polypropene (PP) is a thermoplastic polymer, made by the chemical industry and used in a wide variety of applications, including food packaging, textiles, plastic parts and...
The first Guardian polymer banknote in circulation. ...
Note Printing Australia (NPA), which is located in Craigieburn, Melbourne, is a wholly owned subsidiary of the Reserve Bank of Australia and was corporatised in July 1998. ...
Captain James Cook may refer to: James Cook - British explorer, navigator, and map maker Captain James Cook (TV miniseries) - 1987 Australian television miniseries This is a disambiguation page, a list of pages that otherwise might share the same title. ...
Today all Australian notes are made of polymer.
Value of the Australian dollar In 2001, the value of one Australian dollar went below 50 US cents for the first time. As of 19th of March, 2007, the Australian dollar was worth 80 US cents, only the second time it has reached that level since 1996. 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ...
In 1966 when the Australian dollar was introduced, the International gold standard still operated. The Australian dollar was at that time worth 980 milligrams of gold. As of December 2006 the Australian dollar was worth 38 milligrams of gold.[1] The gold standard is a monetary system in which the standard economic measure of value is gold, and the currencies which are used as units of account are specified as a weight of gold, ideally fixed and not subject to change, and where all currency issuance is to one degree...
Exchange rate policies Australia maintained a peg to the British pound reflecting its historical ties as well as a view about the stability in value of the British pound. From 1946 to 1971 Australia maintained a peg to the U.S. dollar under the Bretton Woods system, but it was effectively pegged to sterling until 1967. With the breakdown of the Bretton Woods system in 1971, Australia converted the mostly-fixed peg to a moving peg against the U.S. dollar. In September 1974 Australia moved to a peg against a basket of currencies called the TWI (trade weighted index) in an effort to reduce fluctuations associated with its peg to the U.S. dollar. The peg to the TWI was changed to a moving peg in November 1976, causing the actual value of the peg to be periodically adjusted. In December 1983, the Australian Labor government led by Prime Minister Bob Hawke and Treasurer Paul Keating "floated" the Australian dollar. From that point, movements in the Australian dollar continued to reflect the strength of its terms of trade. For decades Australia's reliance upon commodity (mineral and farm) exports has seen the Australian dollar rally during global booms, and fall when mineral prices slumped or when domestic spending overshadowed its export earnings outlook. The currency's high volatility, currency exposure and interest swap has made the AUD one of the most traded currencies in the world, far in excess of the economy's importance (2% of global economic activity). A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ...
Wikipedia does not have an article with this exact name. ...
The Trade Weighted Index is an economic instrument used by economies to compare their exchange rate against those of their major trading partners. ...
The Australian Labor Party (ALP) is Australias oldest political party. ...
Judicial High Court Lower Courts Constitution State and territory governments Executive Governors and Administrators Premiers and Chief Ministers Legislative Parliaments and Assemblies State electoral systems ACT - NSW - NT - Qld. ...
Robert James Lee Bob Hawke AC (born 9 December 1929) is a former Australian trade union leader turned politician who became the 23rd Prime Minister of Australia. ...
The Department of the Treasury, Canberra The Australian Treasurer is the minister responsible for government expenditure and revenue raising. ...
Paul John Keating (born January 18, 1944), was an Australian politician and the 24th Prime Minister of Australia, serving as Prime Minister from 1991 to 1996. ...
A floating exchange rate or a flexible exchange rate is a type of exchange rate regime wherein a currencys value is allowed to fluctuate according to the foreign exchange market. ...
Current AUD exchange rates See also Australian coins refers to the coins which are or were in use as Australian currency. ...
Note Printing Australia (NPA), which is located in Craigieburn, Melbourne, is a wholly owned subsidiary of the Reserve Bank of Australia and was corporatised in July 1998. ...
Throughout this article, the unqualified term dollar and the $ symbol refer to the Australian dollar. ...
External links (Note that a higher CPI figure indicates a reduction of value for the Australian dollar.) General Name, Symbol, Number platinum, Pt, 78 Chemical series transition metals Group, Period, Block 10, 6, d Appearance grayish white Atomic mass 195. ...
- The Money Tracker site allows users to track Australian banknotes as they circulate around Australia.
| Currencies of Oceania | | Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) · CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) · Cook Islands dollar · Fijian dollar · New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) · Papua New Guinean kina · Samoan tala · Solomon Islands dollar · Tongan pa'anga · U.S. dollar (American Samoa, Guam, Northern Mariana Islands, Marshall Islands, Federated States of Micronesia, Palau) · Vanuatu vatu | |