What is the Australian dollar?

The Australian Dollar is currently the fifth-most-traded currency in world foreign exchange markets. It is also used in the Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru and Tuvalu.

How much is 1 USD in AUD?

XE Currency Converter: 1 USD to AUD = 1.45989 Australian Dollars. All figures are live mid-market rates, which are not available to consumers and are for informational purposes only.

Where is the Australian dollar legal tender?

The Australian dollar is legal tender in its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island; and is also official currency in Kiribati, Nauru, and Tuvalu.

What was the currency of Australia before 1966?

Before the introduction of the Australian dollar in 1966, the Australian pound was the currency of Australia. Similar to the British pound, the Australian currency was divided into 20 shillings, which were further divided into 12 pence. The circulation of the Australian pound began in 1910 at the same level as the pound sterling.