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Last updated : Nov 2009
 
Australia Currency
Australia Currency and Bank information - TravelPuppy.com
Coins are in denominations of A$2 and 1, and 50, 20, 10 and 5 cents.

The Australian Dollar is the official currency in Australia.

1 Australian Dollar (A $) = 100 cents.

Notes are in denominations of A $ 5, 10, 20, 50 and 100.

Coins are in denominations of 5, 10, 20 and 50 cents, and A $ 2 and 1.

Currency exchange

Currency can be exchanged at all international airports in Australia. It is recommended for visitors to exchange money at city banks or airports, however, international class hotels will also change major currencies for guests.

Credit & debit cards

The widely accepted cards are Visa, MasterCard, American Express and Diners Club. The use of these may be restricted in outback areas and small towns.

It is advised to check with your debit or credit card company for details of merchant acceptability and other facilities which may be available.

Travellers cheques

Travellers cheques are accepted in major currencies at large hotels or banks, some banks may charge a fee. To avoid additional exchange rate charges, travellers are recommended to take travellers cheques in a major currency.

Exchange rate indicators

The following figures should be perceived as a guide to the movements of the Australian Dollar against the US Dollar and UK Pounds Sterling:
 
Date Oct’07
UK £1.00=
2.244
US $1.00=
1.07
 
Currency restrictions

Import and Export of coins and notes in Australian or foreign currency above A $ 10,000 must be declared to customs at the port of departure or entry. Export of local currency above A $ 2000 must have reserve bank approval.

Banking hours

Banks are open from Monday to Thursday from 9.30 am to 4.00 pm, and Fridays 9.30 am to 5.00 pm. These hours can vary throughout Australia.
Useful travel links
MasterCard ATM Locator Location of any ATM that accepts MasterCard
Oanda International Currency and foreign exchange services
VISA ATM Locator Location of any ATM that accepts VISA cards