July 16, 2010, Newsletter Issue #366: Australian Currency: The Australian Dollar

Tip of the Week

The unit of currency in Australia is the Australian dollar (AUD). The dollar is divided into 100 cents and coined in 5¢, 10¢, 20¢, 50¢, $1, and $2 pieces. Notes are plastic and come in varying colours for $5, $10, $20, $50 and $100, which are the most common notes. The Australian dollar has been gaining in strength over its Northern Hemisphere fellows and now around $1.18 Australian equals $1 US in 2009, and $1.76 can buy £1.


The Australian dollar is the sixth most traded currency in the world.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Australian Tip Site? Request a Tip Now!


Guru Spotlight
Byron White