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Thursday, September 10, 2009

Australian Dollar


Introduced in 1966 to replace the pound when Australia adopted decimal-based currency, the Australian dollar bears a portrait of two prominent Australian figures on each side and reflects the artistic and cultural values of the era in which they lived. In the 1980s, polymer notes were introduced into circulation—boasting security updates which included a transparent window with an optically variable image of British explorer, navigator and cartographer Captain James Cook. Estimated Exchange Rate: 1 U.S. dollar = 1.25521 Australian dollars

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