answersLogoWhite

0

Australia's currency is the Australian Dollar (AUD). There are 100 cents in the Australian Dollar. Australia adopted this currency on the 14th of February, 1966.

Its value is heavily influenced by commodity prices with traditionally high interest rates a factor.

The symbol for the Australian Dollar is $ (sometimes written as "A$" when used internationally).

From 1910 to 1966, Australia used a monetary system system identical to the old British system of Pounds, Shillings and Pence. 12 Pence to a Shilling, 20 Shillings to a Pound.

User Avatar

Wiki User

10y ago

What else can I help you with?