What does AUD stand for?

Australian dollar

AUD is a common abbreviation used for the Australian dollar, which is one of the key global currencies, along with the likes of the U.S. dollar, euro, and yen. It is most often used in the context of financial exchanges and trading.

Typically, you’ll see AUD in reference to $5, $10, $20, $50, and $100 banknotes. These represent the various denominations of the currency available in physical form. They are used in everyday transactions in Australia as well as for international trading.

Another term you might hear in relation to the AUD is “Aussie”. This is a nickname for the Australian dollar, often used by those in the foreign exchange business. It’s a more casual term, but still widely understood to mean the Australian dollar.

Example for using ‘AUD’ in a conversation

Hey, have you ever been to Australia?

No, not yet. But I’ve heard their currency is called AUD.

That’s right! AUD stands for Australian dollar.

Interesting! So, is it similar to the U.S. dollar?

Yes, AUD is one of the major currencies, just like the U.S. dollar. They have banknotes in $5, $10, $20, $50, and $100 denominations.

Got it! So, if I ever visit Australia, I’ll need some Aussie dollars then!