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Australian Dollar (AUD)

The Australian dollar (AUD) is the official currency of Australia, divided into 100 cents and issued by the Reserve Bank of Australia. It replaced the Australian pound in 1966 and is one of the most traded currencies in the world.

Updated Sep 19, 2026, 12:02 AM

AUD
From
To

Converted amount

0.62 EUR

1 AUD = 0.62036 EUR · 1 EUR = 1.6120 AUD

AUDEUR

Updated Sep 19, 2026, 12:02 AM

AUD against the major currencies

The figure shown is the mid-market rate: the midpoint between the buy and sell price, updated hourly. It is the rate before any margin is added, so a bank or a bureau de change will quote you a lower one.

About the Australian Dollar

Australia went decimal on 14 February 1966, exchanging the pound for a dollar worth ten shillings. Twenty years later the country pioneered polymer banknotes: the first was issued in 1988 and the whole series was plastic by 1996, a technology since adopted by dozens of countries because the notes last far longer and are harder to counterfeit. The one and two cent coins were withdrawn in 1992, so cash totals are rounded to the nearest five cents.

The Australian dollar is a commodity currency built on iron ore, coal, gas and agricultural exports, and much of that trade goes to Asia. It is unusually sensitive to Chinese demand, and because Australian trading hours open the global week it often gives the first reading of market sentiment on a Monday morning. Reserve Bank of Australia rate decisions are its main domestic driver.

The Australian dollar is the currency of Australia and its external territories, including Christmas Island, the Cocos Islands and Norfolk Island, and it is also the official currency of Kiribati, Nauru and Tuvalu.

AUD at a glance

Symbol
$ (A$, AU$)
Subunit
1 dollar = 100 cents
Central bank
Reserve Bank of Australia, established in 1960
Introduced
14 February 1966
ISO 4217 code
AUD

FAQ

What is the Australian dollar?

The Australian dollar is the official currency of Australia, written AUD under the ISO 4217 standard and shown as $ or A$. One dollar is divided into 100 cents. It replaced the Australian pound on 14 February 1966 and is issued by the Reserve Bank of Australia.

Which countries use the Australian dollar?

Besides Australia and its external territories, the Australian dollar is the official currency of Kiribati, Nauru and Tuvalu. Kiribati and Tuvalu additionally mint their own local coins, which circulate alongside Australian ones at par but are not accepted outside those islands.

Why does the Australian dollar move with commodity prices?

Iron ore, coal, natural gas and agricultural products make up a large share of Australian exports, and buyers must acquire Australian dollars to pay for them. When commodity prices and volumes rise, that demand supports the currency; when Chinese industrial demand slows, the effect runs the other way.

Follow the AUD from your phone

The app converts AUD into 148 currencies, offline included, and keeps your favourite pairs one tap away.

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