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Australian dollar

Countries that use the Australian dollar

The Australian dollar was established in 1966 as an official currency and is used in 6 countries. 1 dollar is devided into 100 Cents.

ISO 4127:
AUD
Numeric:
036
Symbol:
$



List of all currencies

1.00 Australian dollars = 0.68 US dollars
(Date: 06/09/2023)


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Exchange rate history 1 AUD in USD

The graph shown here shows the exchange rate development from January 2017 to June 2023. The exchange rate for 1 AUD moved during this time from USD 0.76 to USD 0.66. In these 77 months it fell by 12.1 percent.

Australian dollar as currency

CountryRegion
AustraliaAustralia/New Zealand
Christmas IslandAustralia/New Zealand
Cocos (Keeling) IslandsAustralia/New Zealand
NauruMicronesia
Norfolk IslandAustralia/New Zealand
Heard Island and McDonald IslandsAustralia/New Zealand


Currencies with a fixed exchange rate to the Australian dollar

CurrencyRate
Kiribati dollar1 AUD = 1 KID
Tuvaluan dollar1 AUD = 1 TVD

US dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United States of AmericaNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Caribbean NetherlandsCaribbean
United States Minor Outlying IslandsMicronesia

Currency reserves for the Australian dollar

According to the International Monetary Fund, the total broad money (M3) amounted to AUD 3.131 trillion at the end of 2022 (data only for Australia). For currency hedging, reserves were held in a total amount of 83.63 billion dollars. This corresponds to a ratio of 1:37.4. In other words, not even 1 of 37 dollars is deposited with a countervalue.

Approximately 4.89 billion dollars (5.8%) of the currency reserves exist in gold reserves. The remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.

› Worldwide currency and gold reserves



Sources

All conversion rates are based on data from the European Central Bank.
Data on currency and gold reserves are from the International Monetary Fund.
Currency reservesCurrency and gold reserves worldwideReserve assets and gold holdings in proportion to the money stock. An international comparison of currency hedging.
Comparison: average incomeAverage income around the worldA comparison of the average income per capita over 69 countries worldwide
Comparison: Cost of livingCost of living in a global comparisonRanking of international living costs from 103 countries compared to the US