what is australian currency
DEFINITION of 'AUD (Australian Dollar)'. The currency abbreviation for the Australian dollar (AUD), the currency for the Commonwealth of Australia. The Australian dollar is made up of 100 cents and is often presented with the symbol $, A$, or AU$.The Australian dollar is also the currency for Pacific Island states of Nauru, Tuvalu and Kiribati.EFINITION of 'AUD (Australian Dollar)'. The currency abbreviation for the Australian dollar (AUD), the currency for the Commonwealth of Australia. The Australian dollar is made up of 100 cents and is often presented with the symbol $, A$, or AU$.