Australian Currency Australia

Australia is one of the largest and the most famous tourist hub in the southern hemisphere of the world. It has gained a lot of popularity in recent years due to the immense hard work of its tourism sector. Tourism of Australia has made it possible to host millions and millions of tourists every year. It has introduced so many activities which are mainly adventurous in nature to invite even more tourists to Australia. Its regular maintenance and development of so many beautiful tourists destinations and buildings in every city of Australia has made it one of the most famous country. Australia is basically an island country. Before visiting Australia, you should know about the currency of Australia so as to be able to calculate your expenses there. Here we will be talking about Australian Currency.  

Australian Currency

Australia currency is in Cents and Dollars, uses cent symbol ¢ and dollar symbol $. We write

Australian Dollar along with AUD in the text.

Australian Coins

In Australia one dollar, two dollar, 5cents, 10cents, 20cents and 50cents are available. One Dollar (1$) and two Dollar (2$) are in golden colour but $1 coin is large in size than $2.

● From AUD to INR: 1 Australian Dollar = 49.92 Rupees 

● From INR to AUD: 0.02 Australian Dollar = 1 Rupees

● Banking hours are from 9:30 am to 4 pm from Monday to Thursday

Australian Banknotes

All the banknotes in Australia are available in five, ten, twenty, fifty and a hundred dollars. 

Australian banks are represented as the first currency manufacturing country in the world as they printed the first series of plastic (polymer) notes. Australian notes are most durable than other paper banknotes and make them more secure. The Australian dollar is the currency of Australia including Cocos Island, Christmas Island, Norfolk Island, Pacific Island states Tuvalu, Nauru, Kiribati. The Decimal Currency, the Australian Dollar was introduced in 1966. In 1966, Australian coin was introduced. Initially, 50 cent coin contains 80% of silver. One dollar was introduced in 1988 that replaced the banknote. Five dollars is of 99.9% of silver. The currency of Australia is popular for traders. It is abbreviated with

● Dollar Sign $

● A$

● AUS$

Where can you buy Australian Currency

Australian currency exchange is available at international airports, hotels and banks. The same range of service is offered by other Australian banks in any western nations. You can also exchange your Indian Rupees at many ATMs (Automated Teller Machine) but sometimes facilities may be limited in ATMs and in other remote outbacks.

EFTPOS is widely available at many shops and hotels of Australia that helps in currency exchange which you have to pay with your debit and credit card. Extra fee may be charged by an international bank.

Largest Australian Bank

National Australia Bank, Westpac Banking Corporation, Australia Australia Bank and Commonwealth Bank of Australia are the four largest banks of Australia. There are also many small banks which have facilities of HSBC Australia, AMP Banking and ING Direct. Credit card such as Diner Club, MasterCard, Visa, JCB, UnionPay, American Express and Bankcard are all accepted in Australia. MasterCard and VISA can be at every shop and tourist destinations. Traveller's Cheques are not accepted everywhere in Australia.