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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.
Currency quotations use the abbreviations for currencies that are prescribed by the International Organization for Standardization (ISO) in standard ISO 4217.The major currencies and their designation in the foreign exchange market are the US dollar (USD), Euro (EUR), Japanese yen (JPY), British pound (GBP), Australian dollar (AUD), Canadian dollar (CAD), and the Swiss franc (CHF).
The notes of the Australian dollar were first issued by the Reserve Bank of Australia on 14 February 1966, when Australia changed to decimal currency and replaced the pound with the dollar. [1] This currency was a lot easier for calculating compared to the previous Australian pound worth 20 shillings or 240 pence.
The dollar sign, also known as the peso sign, is a currency symbol consisting of a capital S crossed with one or two vertical strokes ($ or depending on typeface), used to indicate the unit of various currencies around the world, including most currencies denominated "dollar" or "peso".
30 Sep 2024: 1,127: ... (such as US dollars, euros, and other major currencies), government bonds, gold, ... British pound, and Australian dollar. Japan holds a ...
All values, unless otherwise stated, are in US dollars. Australia is a highly developed country with a mixed economy . [ 30 ] [ 31 ] As of 2023, Australia was the 14th-largest national economy by nominal GDP ( gross domestic product ), [ 32 ] the 19th-largest by PPP-adjusted GDP, [ 33 ] and was the 21st-largest goods exporter and 24th-largest ...
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July. The rate ticked up to 6.79% from 6.72% last week, mortgage ...
At federation in 1901 and for a period afterwards, the currency used in the Australian colonies which became states consisted of British silver and copper coins, Australian minted gold sovereigns (worth £1) and half sovereigns, locally minted copper trade tokens (suppressed in 1881, some state earlier [8]) and private bank notes.