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Money
Currency: Australian Dollar (A$) = 100 cents. Notes are in denominations of A$100, 50, 20, 10 and 5. Coins are in denominations of A$2 and 1, and 50, 20, 10 and 5 cents.
Currency exchange: Exchange facilities are available for all incoming and outgoing flights at all international airports in Australia. International-class hotels will exchange major currencies for guests. It is recommended that visitors change money at the airport or at city banks.
Credit & debit cards: Visa, Diners Club, MasterCard and American Express are accepted. Use may be restricted in small towns and outback areas. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.
Travellers cheques: These are accepted in major currencies at banks or large hotels. However, some banks may charge a fee for cashing travellers cheques. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in a major currency.
Currency restrictions: Export and import of coins/notes in Australian or foreign currency above A$10,000 must be declared to customs at the port of entry or departure.
Exchange rate indicators
The following figures are included as a guide to the movements of the Australian Dollar against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 2.62 | 2.80 | 2.80 | 2.66 | | $1.00= | 1.80 | 1.84 | 1.77 | 1.67 |
Banking hours: Mon-Thurs 0930-1600; Fri 0930-1700. These hours vary throughout the country.
Copyright © 2003 Columbus Publishing Ltd.
Terms and Conditions apply.
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