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Australian dollar
Australia officially uses the Australian dollar as the local currency. 1 dollar is divided into 100 cents.
Currency regime
The Australian dollar is not linked to the US dollar or any other currency and the Australian dollar floats freely against major currencies. The currency tend to be fairly volatile in currency markets.
Commercial rates
On February 14th 2006, the Australian dollar was trading around 0.7380 against the US currency (1.355 for USD/AUD). The Australian dollar was trading around 1.61 against the Euro and 2.35 against Sterling.
Tourist rates
On February 14th 2006 the Australian currency was valued at around 2.28 against Sterling. For 1 UK pound you will, therefore, receive around 2.28 Australian dollars.
Travellers cheques should be taken in Australian dollars
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Please click on the link for Sterling/Australian dollar currency forecasts