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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.
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.
AUD/JPY since 1978. Currencies are traded in fixed contract sizes, specifically called lot sizes, or multiples thereof. The standard lot size is 100,000 units. Many retail trading firms also offer 10,000-unit (mini lot) trading accounts and a few even 1,000-unit (micro lot). The officially quoted rate is a spot price.
When Australia was part of the fixed-exchange sterling area, the exchange rate of the Australian dollar was fixed to the pound sterling at a rate of A$1 = 8 U.K. shillings (A$2.50 = UK£1). In 1967, Australia effectively left the sterling area, when the pound sterling was devalued against the US dollar and the Australian dollar did not follow.
The modern Monopoly game has its Monopoly money denominated in ₩ 1, ₩ 5, ₩ 10, ₩ 20, ₩ 50, ₩ 100, ₩ 500, and (in some editions) ₩ 1,000, with all but the last two paralleling the denominations in circulation in the United States. (The US$500 bill and US$1,000 bill were withdrawn in 1969).
One hundred dollars (Australia) Value: 100 Australian dollars: Width: 158 mm: Height: 65 mm: Security features: Clear window with embossing, micro printing, slightly raised printing, hold the note towards light and the Australian coat of arms plus a seven pointed star will appear, ultraviolet, Unic serial number and different fonts, watermark
Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...