The local currency in Australia is the Australian Dollar. It is a decimal currency where 100 cents are equal to 1 dollar. Our various coins are worth 5 cents, 10 cents, 20 cents, 50 cents, 1 dollar and 2 dollars, while notes are issued in denominations of 5 dollars, 10 dollars, 20 dollars, 50 dollars and 100 dollars. The currency converter shown below will calculate the current equivalent of 1 Australian Dollar.