What is the currency in Australia and its exchange rate?
Australian currency is the Australian dollar (AUD). The exchange rate fluctuates daily, typically between 1.60 and 1.70 AUD per euro depending on market conditions and your financial institution.
The Australian dollar (AUD)
Australia has used the Australian dollar (AUD) since 1966, replacing the Australian pound. This currency is divided into 100 cents and circulates in the form of banknotes (5, 10, 20, 50, 100 AUD) and coins (5, 10, 20, 50 cents, 1 and 2 dollars).
Exchange rates and fluctuations
The EUR/AUD exchange rate constantly fluctuates according to financial markets. It generally oscillates between 1.60 and 1.70 AUD for 1 euro, but can vary significantly depending on:
- Economic conditions in both zones
- The chosen banking institution
- The type of transaction (cash, card, transfer)
Exchange tips
Check the real-time rate before your departure on specialist websites. In Australia, airport exchange offices often apply higher commissions than local banks.