When did Australia start printing money?
Production of banknotes commenced there in October 1981. Note Printing Branch was renamed Note Printing Australia in 1990 and was established as a separately incorporated, wholly owned subsidiary of the Reserve Bank of Australia in 1998.
At the turn of the twentieth century, Australia's currency remained a mixture of British coins, Australian coins and the notes of private banks and the Queensland Government. In 1910, legislation for a national currency was enacted.
Note Printing Australia Limited (NPA)
In 2020/2021, NPA delivered 234 million Australian banknotes to the Bank, comprising 21 million new series $5 banknotes, 90 million new series $20 banknotes, 61 million new series $50 banknotes, and 62 million new series $100 banknotes.
The $1 note was replaced by a $1 coin in 1984, while the $2 note was replaced by a smaller $2 coin in 1988. Although no longer printed, all previous notes of the Australian dollar are still considered legal tender. These images are to scale at 0.7 pixel per millimetre.
It was on 14 February 1966 that Australia started to use decimal currency – the dollars and cents that we know today. This was a lot easier than the old money and showed off the unique Australian animals that set this country apart from the rest of the world.
1 AUD = 0.6416 USD Apr 19, 2024 22:21 UTC
The currency converter below is easy to use and the currency rates are updated frequently.
Mining has contributed to Australia's high level of economic growth, from the gold rush in the 1840s to the present day.
Talk like an Aussie
The $100 note is colloquially called a “granny smith,” while the $50 note is commonly known as a “pineapple.” Similarly, the $20 note is often called a “lobster,” the $10 note is affectionately termed a “blue swimmer,” and the $5 note is fondly referred to as a “pink lady.”
Which rare Australian $1 notes are valuable? Rare Australian $1 notes that are valuable include those with low serial numbers, star replacement notes indicated by a star in the serial number and notes printed in the first year of issue (1966).
| First issue | Customer | Issue |
|---|---|---|
| 1998 | Sri Lanka | Commemorative |
| 1998 | Malaysia | Commemorative |
| 1999 | New Zealand | Circulating |
| 1999 | Papua New Guinea | Circulating |
Is my $2 bill worth anything?
Unless it has a unique feature, like a low serial number or misprint, a newer $2 bill likely isn't worth much more than $2, even if it's uncirculated.
Bluey, Australia's animated sweetheart, is another alias for $10, the note also known as the heeler, the Banjo, the Smurf, the blue tongue. Doubling down, the $20 has copped both redback and cherry, and the $50 the Hawaii (being the 5-0, after the TV show).
No, Australia does not have a $1000 note. The highest value note is $100.
Established in 1966, the Australian dollar (AUD) is the official currency of Australia and several countries and territories, including Christmas Island, Cocos Islands, Norfolk Island, Nauru, Tuvalu, and Kiribati.
At the time of writing, Expatistan says it costs roughly $5,702 per month for a single person or $9,495 per month for a family of four to live in Australia, just for the bare essentials. This means Australia is one of the most expensive countries in the world to live in (ranked 10 out of 68).
Kuwaiti Dinar or KWD has been crowned the highest currency in the world. It is widely used in the Middle East for oil-based transactions. 1 Kuwaiti Dinar is equal to 269.76 INR.
| USD | AUD |
|---|---|
| 100 USD | 155.51 AUD |
| 500 USD | 777.57 AUD |
| 1,000 USD | 1,555.15 AUD |
| 5,000 USD | 7,775.77 AUD |
| AUD | USD |
|---|---|
| 1,000 AUD | 639.78 USD |
| 5,000 AUD | 3,198.94 USD |
| 10,000 AUD | 6,397.89 USD |
| 50,000 AUD | 31,989.46 USD |
No, you cannot use any other money (other than Australian Dollars) anywhere in Australia. But, a lot of banks, especially in the larger and more touristy cities of the country, would have a foreign exchange section. Airports and boat terminuses would have foreign exchange desks too.
Australia is one of the wealthiest countries in the world. We have the 11th highest average income among the nations that make up the OECD, and we are the third richest country per adult in the world, behind only Switzerland and the US.
What percentage of Australia is white?
Well, Australia has a unique ethnic distribution. About 85–90% of the population identifies as ethnically white (meaning of European ancestry), but this is actually a compilation of several ethnic categories.
Card payments made up the bulk of consumer payments in Australia in 2022 whilst cash payments decreased to 13 per cent from 69 per cent in 2007. Already, some banks have scrapped over-the-counter cash transactions in some branches.
A fifty-dollar note is also known colloquially as a "pineapple" or the "Big Pineapple" because of its yellow colour. The $100 note is currently green and is known colloquially as a “watermelon”, but between 1984 and 1996 it was grey, and was called a grey nurse (a type of shark).
Did you know that pineapple is a slang word for the fifty dollar note? It's also the name for an opal cluster. So we could say that finding a pineapple could earn you a lot of pineapples, if you catch my drift.
A $20 note is known as a lobster due to its mainly red colour. Similarly, the $50 is a pineapple. Commonly in use at horse race meetings.
