Before travel to Australia It is important to know what the official currency of the country is. In this article, we will talk about the legal currency of the territory and its value compared to other world currencies.
Below you have an index with all the points that we are going to deal with in this article.
The official currency of Australia It is the Australian dollar. Its ISO code is AUD and its symbol $ or A $. However, before this there were different currencies in the country:
In 1851 the first gold coins began to be minted in Australia after discovering the presence of this metal in the territory. Also, banks began to produce their own banknotes. However, in 1910 the Australian pound as legal tender.
The Australian pound was divided into twenty shillings, which in turn was equal to twelve pence. However, in 1966, this currency was replaced by the Australian dollar. The conversion that was made was two dollars for one pound.
Today we find 5, 10, 20, and 50 cent coins, and 1 and 2 dollars. In most of them there are characteristic animals of the Australian fauna, such as the kangaroo.
As for the banknotes, there are 5, 10, 20, 50 and 100 dollars, and in them we find the image of illustrious Australians. Between 1992 and 1996 a new series of banknotes was designed.
These new models were the first in the world to be made of polymer, that is, plastic, material that makes them resistant to water. Also, in this way, they are more difficult to fake. Starting in 2016, the banknote designs changed.
On the other hand, since 1990, each year a new silver coin with a different design is minted. This is called kookaburra, which is an Australian bird. They have a value of $ 30.
This is the conversion of the Australian dollar to other major world currencies:
- 1,00 AUD = 0,75 US dollars (USD)
- AUD 1,00 = New Zealand dollars 1,04 (NZD)
- AUD 1,00 = Euro 0,67 (EUR)
- 1,00 AUD = 501,40 Chilean pesos (CLP)
- AUD 1,00 = 17,66 Honduran lempiras (HNL)
- AUD 1,00 = 0,59 pounds sterling (GBP)
- 1,00 AUD = 12,01 Argentine pesos (ARS)
- 1,00 AUD = 2.200,23 Colombian pesos (COP)
- AUD 1,00 = 13,73 Mexican pesos (MXN)
- 1,00 AUD = 21,50 Uruguayan pesos (UYU)
- AUD 1,00 = 5,54 Guatemalan quetzals (GTQ)
- AUD 1,00 = 2,46 Brazilian real (BRL)
- AUD 1,00 = 2,46 peruvian soles (PEN)
It should be taken into account that these equivalences vary from day to day, so it is best to consult the Australian dollar price on the day you are.
If you are thinking of doing tourism in Australia and you are concerned about money exchange, you should know that there you can obtain Australian dollars at airports, banks, hotels and exchange houses.
Also, except in rural or sparsely populated areas, there are quite a few ATMs. Generally, card payment is also accepted. The most widespread card payment system is called EFTOPS. Thanks to this, in some stores and establishments you can also to take money out.
It is advisable to bring cash, especially if you are visiting areas that are not very touristy. In addition to all the previously mentioned methods, you can also get Australian dollars in banks in your country.
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