The Australian dollar is the currency circulating in Australia, Kiribati, Nauru, Tuvalu and other countries and regions, and is issued by the Federal Reserve Bank of Australia.
There are 5 10, 20, 50, 100 yuan notes, 5 10, 20, 50 cents and 1 0, 2 Australian dollars coins in circulation, with the carry of 1 Australian dollars equal to 100. Before 1993, there were coins with 1 and 2 cents, and after 1993, they were no longer in circulation.
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Banknote material
Australia's new plastic banknotes have been put into use after nearly 30 years of research and development. Using polyester instead of paper is wear-resistant, not easy to break, not afraid of rubbing, long service life, strong hand feeling and good anti-counterfeiting characteristics.
Since 1988 issued the world's first plastic commemorative banknote, Australia has seen the advantages of plastic banknotes, and its currency has also begun to change from paper money to plastic banknotes. Since 1992, Australia has issued a plastic banknote every year to replace the current banknote.
By 1996, all plastic circulation vouchers had been issued, and Australia became the first country in the world to have a full set of plastic circulation vouchers.
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