Everything you need to know
Australia Currency
Travelling to or living in Australia? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.
Use the GoCard in Australia
Open a UK bank account with us and get a GoCard for smarter spending in Australia. Pay in local shops, use ATMs globally, and enjoy contactless payments—all with zero hidden fees. Everything is managed from the app. Available only to UK and EU residents.
What is the currency in Australia?
The official currency of Australia is the Australian dollar
The Australian dollar replaced the Australian pound in 1966, when Australia moved to a decimal currency system. Australia was also the first country to introduce polymer banknotes, now adopted worldwide.
AUD, A$
Banknotes
$5
$10
$20
$50
$100
Coins
5¢
10¢
20¢
50¢
$1
$2
Popular Dollar pairings
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Z
How to spend money in Australia
Australia is highly cashless—cards and contactless payments are accepted everywhere, from supermarkets to small coffee shops. ATMs are common in cities but used less often as most people pay by card or mobile wallet. Tipping isn’t compulsory but rounding up or leaving small change is appreciated.
Tips for exchanging money in Australia
Avoid airport kiosks—use banks or ATMs for fairer rates.
Cards and mobile wallets are usually the most convenient payment methods.
Carry small cash for occasional use in rural areas or markets.
With TransferGo, you can send Australian dollars directly to local accounts or use your GoCard to spend without hidden fees.
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Frequently asked questions
What is the official currency used in Australia?
The Australian dollar (AUD).
What is the official currency used in Australia?
Symbol: A$ | Code: AUD
Can I use my home currency in Australia?
No, payments must be in Australian dollars.
How can I use my GoCard in Australia?
Just activate it in the app and start spending—online or in stores.
Is it better to use cash or card when spending in Australia?
Cards are the norm, though some small shops may accept cash only.
Are credit or debit cards widely accepted in Australia?
Yes, almost everywhere.
Are there ATMs available in Australia, and are there withdrawal limits?
Yes, ATMs are easy to find; limits depend on your card provider.
Can I use a GoCard in Australia?
Yes! You can use your GoCard for spending, withdrawing, or managing your money—with fair rates and no hidden fees.