The Australian Dollar is currently the official currency of Australia, Kiribati, Nauru, Tuvalu and Zimbabwe. It is also used by the Ashmore and Cartier Islands, Australian Antarctic Territory, Christmas Island, Cocos (Keeling) Islands, Coral Sea Islands, Heard Island and McDonald Islands, and Norfolk Island. Officially introduced on the 14th of February, 1966, the Australian Dollar replaced the older British currencies. It is administered by the Reserve Bank of Australia, and is usually abbreviated to ‘AUD’ or ‘A$’.
The AUD can be carried in the form of currency notes, forex cards and traveller’s cheques by converting Indian Rupees to Australian Dollars. The commonly-used banknote denominations are $5, $10, $20, $50 and $100, and all these denominations are available for purchase in India.
The Australian Dollar is very commonly used in international foreign exchange transactions. In fact, the Australian Dollar contributed 8.6%* of the global foreign exchange market turnover as recently as 2013, making it the 5th most-traded currency in the world. The strength of the Australian Dollar makes it a popular choice for most travellers, and DoorstepForex.com offers the best foreign exchange rates for the Australian Dollar across all the major cities of India.
There is a steady demand for the Australian Dollars in India, for both buying and selling. DoorstepForex.com can help you buy AUD with the best exchange rates as well as you can also sell back any extra currency left with you after the tour and can easily convert your Australian Dollars to Indian Rupees!
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