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AUD
The Australian dollar (sign: $; code: AUD) is the currency of Australia, including its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island. It is officially used as currency by three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. It is legal tender in Australia.''Reserve Bank Act 1959'', s.36(1) an ''Currency Act 1965'', s.16 Within Australia, it is almost always abbreviated with the ($), with A$ or AU$ sometimes used to distinguish it from other |
Reserve Bank Of Australia
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. The bank's main policy role is to control inflation levels within a target range of 2-3%, by controlling the unemployment rate according to the NAIRU, via controlling the official cash rate. The NAIRU was implemented in most Western nations after 1975, and has been maintained at a target of 5-6% unemployment. The average unemployment rate in Australia between the end of the second world war and the implementation of the NAIRU was consistently between 1-2%. Since the implementation of the NAIRU, the average unemployment rate in Australia has been close to 6%. The RBA also provides services to the Government of Australia and services to other central banks and official institutions. The RBA currently comprises the Payments System Board, whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian One-cent Coin
The cent, formally the one-cent coin, was the lowest-denomination coin of the Australian dollar. It was introduced on 14 February 1966 in the decimalisation of Australian currency and was withdrawn from circulation in 1992 (along with the two-cent coin). It is still minted as a non-circulating coin. One-cent and two-cent coins are legal tender only up to the sum of 20 cents (preventing large debts from being paid in small coins). Description From 1966 until 1984 the obverse featured the portrait of Queen Elizabeth II by Arnold Machin. It was changed in 1985 to a version by Raphael Maklouf, which remained until its withdrawal from circulation in 1992. The reverse side of the coin features the image of a feathertail glider (''Acrobates pygmaeus''), a gliding possum unique to Australian states bordering the Pacific Ocean. The image was designed by Stuart Devlin, who designed the reverses of all of the original Australian decimal coins. Production The first issue (1966) wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Two-cent Coin
The Australian two-cent coin was introduced in 1966 and was the coin of the second-lowest denomination until it was withdrawn from circulation in 1992 (along with the one-cent piece). It is still counted as legal tender, but is subject to some restrictions, and one-cent and two-cent coins are legal tender only up to the sum of 20 cents. History The coin entered circulation on 14 February 1966. In its first year of minting the coin was manufactured at three different mints: 145.2 million at the Royal Australian Mint in Canberra, 66.6 million at the Melbourne Mint and 217.7 million at the Perth Mint. The only year that the coins were minted outside Australia was 1981, when 70.8 million were struck at the British Royal Mint in Llantrisant, Wales, in addition to 97.4 million from Canberra and 81.8 million from Perth. No two cent coins were struck in 1986 or 1987 and the last year of minting was 1989. From 1966 until 1984 the obverse featured the portrait of Queen Elizabeth II by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Two-dollar Coin
The Australian two-dollar coin is the highest-denomination coin of the Australian dollar. It was first issued on 20 June 1988, having been in planning since the mid-1970s. It replaced the Australian two-dollar note due to having a longer circulatory life. The only "mint set only" year was 1991. $2 coins are legal tender for amounts not exceeding 10 times the face value of the coin for any payment of a debt. Design In accordance with all other Australian coins, the obverse features the portrait of the reigning monarch, who during the lifetime of the coin has only been Queen Elizabeth II. From 1988 to 1998 the portrait of her was by Raphael Maklouf before being replaced in the following year by one sculpted by Ian Rank-Broadley. Since 2019, the effigy of Elizabeth II by artist Jody Clark has been released into circulation. Designed by Horst Hahne, the reverse depicts an Aboriginal Elder, a Walpiri-Anmatyerre man of the Northern Territory of Australia, inspired by an Ainslie Robe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian One-dollar Coin
The Australian one-dollar coin is the second most valuable circulation denomination coin of the Australian dollar after the two-dollar coin; there are also non-circulating legal-tender coins of higher denominations (five-, ten-, two-hundred-dollar coins and the one-million-dollar coin). It was first issued on 14 May 1984 to replace the one-dollar note which was then in circulation, although plans to introduce a dollar coin had existed since the mid-1970s. The first year of minting saw 186.3 million of the coins produced at the Royal Australian Mint in Canberra. Four portraits of Queen Elizabeth II have featured on the obverse, the 1984 head of Queen Elizabeth II by Arnold Machin; between 1985 and 1998, the head by Raphael Maklouf; between 1999 and 2009, the head by Ian Rank-Broadley; and since 2019, the effigy of Elizabeth II by artist Jody Clark has been released into circulation. The coin features an inscription on its obverse of AUSTRALIA on the right-hand side and ELIZAB ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Fifty-cent Coin
The twelve-sided Australian fifty-cent coin is the third-highest denomination coin of the Australian dollar and the largest in terms of size in circulation. It is equal in size and shape to the Cook Island $5 coin, and both remain the only 12-sided coins in the southern hemisphere. It was introduced in 1969 to replace the round fifty-cent coin issued in 1966. The original, round, 50-cent coin was made of 80% silver and 20% copper; but as the value of a free-floating silver price became higher, the coin's bullion value became more valuable than its face value; so that version was withdrawn from circulation and replaced with the dodecagonal cupro-nickel version. It is by diameter the largest Australian coin currently issued and second largest after the Crown of 1937–38. It is also the heaviest Australian coin in common circulation. Many commemorative designs have been issued, the large size allowing for detailed content. With a diameter of 31.65 mm (1.25 in) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Twenty-cent Coin
The Australian twenty-cent coin (Quinter) of the Australian decimal currency system was issued with conversion to Decimalisation, decimal currency on 14 February 1966, replacing the Florin (Australian coin), florin which was worth two shillings, a tenth of a Australian pound, pound. To date, four different obverse face designs have been used: from 1966 to 1984, the head of Elizabeth II of the United Kingdom, Queen Elizabeth II by Arnold Machin; from 1985 to 1998, the head by Raphael Maklouf; from 1999 to 2019, the head by Ian Rank-Broadley; and since 2019, the head by Jody Clark. The obverse has the inscription AUSTRALIA and the year-of-issue on the right hand side, and ELIZABETH II on the left hand side. From 1966 to 1994, the design for the reverse face was Stuart Devlin's platypus. With the exception of commemorative issues, it continues to be the standard design for the reverse face. The United Nations 20c was the first commemorative coin issued for circulation in 1995. 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Ten-cent Coin
The Australian ten-cent coin is a coin of the decimal Australian dollar. When the dollar was introduced as half of an Australian pound on 14 February 1966, the coin inherited the specifications of the pre-decimal shilling; both coins were worth one twentieth of a pound and were called "bob". On introduction it was the fourth-lowest denomination coin. Since the withdrawal from circulation of the one and two cent coins in 1992, it has been the second-lowest denomination coin in circulation. For the first year of minting (1966), 30 million coins were produced at the British Royal Mint (then in London), and 11 million at the Royal Australian Mint in Canberra. Since then, all coins have been produced in Canberra, with the exception of 1981 when 40 million coins from the Royal Mint's new headquarters in Llantrisant, Wales supplemented the 76.1 million produced in Canberra. Years without issue for the 10c, were 1986, 1987, 1995 and 1996. Those years were only for mint and proof sets. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Five-cent Coin
The Australian five-cent coin (Nickel) (originally called a "zac") is the lowest-denomination circulating coin of the decimal Australian dollar introduced in 14 February 1966, replacing the pre-decimal sixpence. It has been the lowest-denomination coin in general circulation since the withdrawal of the one-cent and two-cent coins in 1992. Due to inflation, the purchasing power of the five-cent coin continues to drop, and as of 2018 represents 0.27% of the country's minimum hourly wage for workers age 21 or over. The coin was introduced into circulation on 14 February 1966. In its first year of minting, 30 million were struck at the British Royal Mint (then in London), in addition to 45.4 million at the Royal Australian Mint in Canberra. Since then, with the exception of 1981, the coin has been produced exclusively in Canberra. In 1981, 50.3 million were produced at the Royal Mint's new headquarters in Llantrisant, Wales, and 50 million at the Royal Canadian Mint in Winnipeg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISO 4217
ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units. This data is published in three tables: * Table A.1 – ''Current currency & funds code list'' * Table A.2 – ''Current funds codes'' * Table A.3 – ''List of codes for historic denominations of currencies & funds'' The first edition of ISO 4217 was published in 1978. The tables, history and ongoing discussion are maintained by SIX Group on behalf of ISO and the Swiss Association for Standardization. The ISO 4217 code list is used in banking and business globally. In many countries, the ISO 4217 alpha codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the currencies, instead of transl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a megadiverse country, and its size gives it a wide variety of landscapes and climates, with deserts in the centre, tropical rainforests in the north-east, and mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately 65,000 years ago, during the last ice age.religious_traditions_in_the_world._Australia's_history_of_Australia.html" "title="The_Dreaming.html" ;"title="Aboriginal_Art.html" "title="he Story of Australia's People, Volume 1: The Rise and Fall of Ancient Australia, Penguin Books Australia Ltd., Vic. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Antarctic Territory
The Australian Antarctic Territory (AAT) is a part of East Antarctica claimed by Australia as an external territory. It is administered by the Australian Antarctic Division, an agency of the federal Department of Climate Change, Energy, the Environment and Water. The territory's history dates to a claim on Enderby Land made by the United Kingdom in 1841, which was subsequently expanded and eventually transferred to Australia in 1933. It is the largest territory of Antarctica claimed by any nation by area. In 1961, the Antarctic Treaty came into force. Article 4 deals with territorial claims, and although it does not renounce or diminish any pre-existing claims to sovereignty, it also does not prejudice the position of Contracting Parties in their recognition or non-recognition of territorial sovereignty. As a result, only four other countries — New Zealand, the United Kingdom, France, and Norway recognise Australia's claim to sovereignty in Antarctica. Area The AAT consist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
