Currency and tipping

Currency

Australia has a decimal currency system.

Notes are a high quality polymer-based synthetic and come in denominations of $5, $10, $20, $50 and $100.

Coin denominations are 5 cent, 10 cent, 20 cent, 50 cent, as well as $1 and $2.

Prices under 5 cents are rounded up or down to the nearest 5 cent - that is, 3 and 4 cent totals are rounded up to nearest 5 cent, while 1 and 2 cent totals are rounded down to nearest 5 cent denomination.

For example – 12 cents would be rounded down to 10 cents. 14 cents would be rounded up to 15 cents.

Banking

Banks are open from 9.30am to 4.00pm Monday to Thursday, and 9.30am to 5.00pm on Fridays.

Some suburban banks are open on Thursday evenings and Saturday mornings.

Automatic Teller Machines are plentiful and readily available 24 hours a day, seven days a week.

Banks provide a full range of financial services including currency exchange, all at nominal rates.

Electronic fund transfer machines (EFTPOS) are commonly used at most retail outlets, as well as by taxis, restaurants and hotels, and can be used to access many types of bank accounts and credit cards.

Tipping

Tipping is generally not expected within Australia, however it is acceptable to leave a small amount should you feel you have received exceptional service.

Currency conversion

Find out how much your currency is worth at today’s exchange rate.