Extended description

The Australian dollar, also known as the Australian dollar, is the legal tender of the Commonwealth of Australia and is issued by the Federal Reserve Bank of Australia. The Australian dollar circulates in Australia, Kiribati, Nauru, Tuvalu and other countries and regions. In 20 10, the Australian dollar officially replaced the Swiss franc as the fifth largest currency in circulation in the world, accounting for 6% of the total trading volume in the foreign exchange market.

Symbolic standard:

The Australian dollar is the legal tender of the Commonwealth of Australia and is issued by the Reserve Bank of Australia. The dollar and the Australian dollar are both dollars. There is no way to distinguish this. But sometimes it is written as Australian dollar and American dollar, so you can distinguish between them. The Australian dollar is in the front and the US dollar is in the back. Sometimes it is written as a dollar. AustralianDollar is the abbreviation of Australian dollar, and the symbol of Australian dollar is AUD.

Circulation area:

Australian dollar is the currency in circulation in Australia, Kiribati, Nauru, Tuvalu and other countries and regions. It is issued by the Federal Reserve Bank of Australia. There are 5 10, 20,50, 100 yuan notes, 5 10, 20,50 cents, 1, 2 Australian dollars coins in circulation. Before 1993, there were coins with 1 and 2 cents, and after 1993, they were no longer in circulation.

Exchange rate:

In the circulation of recent decades, the ratio of Australian dollar to US dollar reached an all-time high at 20 10 and 12. The foreign exchange rate is convertible 100 USD. Of course, the Australian dollar also has a trough. In April of 20001year, the foreign exchange rate was $47.75 per 100 Australian dollar. In 2008, it rose above 1 Australian dollar to 96 cents, and reached a record high at the end of 2008, with 98.49 cents per 1 Australian dollar. Although the Australian dollar fell sharply afterwards, it gradually picked up in 2009. In 2009, it reached a high of 1 Australian dollar against 94 cents.