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The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] 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.
Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...
When Australia was part of the fixed-exchange sterling area, the exchange rate of the Australian dollar was fixed to the pound sterling at a rate of A$1 = 8 U.K. shillings (A$2.50 = UK£1). In 1967, Australia effectively left the sterling area, when the pound sterling was devalued against the US dollar and the Australian dollar did not follow.
This is a list of alternative names for currency. A currency refers to money in any form when in actual use or circulation as a medium of exchange , especially circulating banknotes and coins . [ 1 ] [ 2 ] A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation.
Tuvaluan dollar – Tuvalu (not an independent currency, equivalent to Australian dollar) United States dollar – United States See also International use of the U.S. dollar
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
The time value of money concept is all about how money is worth more now than in the future because of its potential ... 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium ...
The Joachimsthaler of the Kingdom of Bohemia was the first thaler (dollar). Dollar is the name of more than 25 currencies.The United States dollar, named after the international currency known as the Spanish dollar, was established in 1792 and is the first so named that still survives.