Money matters and exchange rates

Brisbane at Night, Qld.  Photo credit: Tourism and Events Queensland

Currency and exchange rates

Let’s say this quietly. If you’re planning a trip to Australia’s cities don’t expect a cheap holiday.

Of course, it depends where you’re from, and what the current exchange rate is. If you’re from London you’ll feel right at home with Sydney prices. If not, you’ll find yourself saying “How much?!” quite a lot.

Australia is still enjoying something of a boom, making it more expensive for those countries not doing quite so well.

If you’re on a budget you’ll find that exploring Australia’s less populous and less touristy places will be cheaper.

You can find the latest exchange rates here.


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New South Wales Sydney City Skyline at Night

New South Wales Sydney City Skyline at Night. Photo credit: Robert Wallace; Destination NSW


Number Crunching

The unit of currency is the Australian dollar ($ AUD) which is divided into 100 cents (c).

There are 5c, 10c, 20c, 50c, $1 and $2 coins.

Banknotes are $5, $10, $20, $50 and $100.

Notes are made of polymer, not paper, and have a transparent window to carry embossed images.

Australia was the first country to introduce this technology (in 1988) which helps reduce counterfeiting. The notes last 4 times longer than a regular banknote too.

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