What type of currency does australia use?
I am researching the top forex brokers list page and I think it is the Australian dollar, apparently it is a currency that competes with other denominations called dollars, with a good amount of current capital, it is apparently good for its annual increase I think it will be a good currency for change at the end of the year.
The dollar is the currency of the Commonwealth of Australia, including Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru and Tuvalu. The Australian dollar’s ISO 4217 code is AUD but it is often abbreviated with the dollar sign $. A$ or AU$ is often used informally to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. Overall it is about the same in breakdown. Australian dollar = 0.8861 U.S. dollars They have no penny coin and 20 coin in place of our quarter.
