Buy, Sell Or Transfer Australian Dollar (AUD) At The Best Rates In India
BookMyForex Compares forex rates across hundreds of banks and forex companies in your area and helps you discover the best rate for your forex requirement
Live Australian Dollar Exchange Rates
| AUD Interbank Rate | ₹55.0049 |
| AUD Buying Rate | ₹55.0749 |
| AUD Selling Rate | ₹55.2069 |
| AUD Remittance Rate | ₹55.4749 |
The Australian Dollar also known as the Aussie dollar is the official currency of Australia. It is the 5th most traded currency in the world. Currency notes of AUD are available in the following denominations $ 5, 10, 20, 50 and 100. Australian Dollar prepaid forex cards, however, can be loaded with an odd amount as well. Travellers proceeding to Australia should purchase Australian Dollars
In India, Australian Dollars can be purchased in the form of currency notes, traveller's cheque and forex cards. It is also possible to make remittances to Australia from India by either purchasing an AUD demand drafts or by doing an AUD bank to bank wire transfer
You will find on the right of this page the Australian Dollar exchange rates and the currency converter. Our AUD to Rupee rates are live and updated every 3 seconds.
Benefits of Buying Australian Dollar from BookMyForex
Though you can purchase foreign exchange including Australian Dollars from multiple places in India such as from your bank, a nearby local money changer or at the airport itself but BookMyForex scores way better than these traditional places in terms of overall cost, convenience and experience. Here is how!
Online Order Facility: While banks and other institutions require making in-person visits, you can buy or sell Australian Dollars online with the comfort of your own home.
Best Exchange Rate: You don’t need to haggle to get better rates as BookMyForex scans the exchange rates quoted by 100s of money changers near to your location and provides you with the best Australian Dollar exchange rate.
Doorstep Delivery: With BookMyForex, you can not only place an order and make payment online to purchase AU Dollars but also the same would be delivered to you directly to your home in case you go for the home delivery facility. So no need to step out from your home to get foreign exchange
One-Stop Forex Solution: Being a digitally enabled online marketplace for currency exchange, BookMyForex provides a full suite of forex related products which include foreign currency notes, forex cards, wire transfer (TT), foreign currency-denominated demand drafts, traveller’s cheque etc.
Things to do for Getting the Best Australian Dollar Rates
Here are a few tips that can help you in getting the best Australian Dollar Rate or AUD rate in India.
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- Buy or Sell AUD Online: Banks or local money changers provide forex at a fixed rate for the day, while a trusted online marketplace for currency exchange such as BookMyForex provides foreign currency at live and transparent rates which can save you money.
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- Compare AUD Rates & Buy: It is always better to first compare foreign exchange rates on different platforms and then buy it. Being a digitally enabled market-leader, BookMyForex automatically does that for you by first comparing forex rates quoted by 100s of money changers near you and provide you with the best forex rate.
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- Avoid Getting Australian Dollars from the Airport: By getting foreign exchange at the airport, you may easily end up paying anywhere between 6% to 13% more than the rates quoted by a marketplace. So strictly avoid getting forex from the airport.
- Avoid Using Credit/Debit Card for Transactions in AUD: Due to various types of currency conversion charges, using a credit or debit card for forex transaction while travelling abroad may not be a good choice as you would be paying 3% to 6% more. If you want to avoid carrying a stack of cash, better buy a forex card.
Currency Facts
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AUD Stats |
AUD Profile |
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Name: Australian Dollar |
Central Bank: Reserve Bank of Australia Website: http://www.rba.gov.au |
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Symbol: $ cent: c |
Coins: Freq Used: $1, $2, 5c, 10c, 20c, 50c Rarely Used: |
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Minor Unit: 1/100 = cent |
Banknotes: Freq Used: $5, $10, $20, $50, $100 Rarely Used: |
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Top AUD Conversion: AUD/USD |
Users: Australia, Christmas Island, Cocos (Keeling) Islands, Kiribati, Nauru, Norfolk Island, Ashmore and Cartier Islands, Australian Antarctic Territory, Coral Sea Islands, Heard Island, McDonald Islands |
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Nicknames: Buck, Dough |
Australian Dollar History
Australian Pound (it wasn't called Dollar until 1966) was introduced in 1910. Until then, English Pound or GBP was the official currency. Spanish Dollars were also used quite regularly during the latter part of the 17th century. However, to prevent the illegal use of Spanish Dollars, the centres of the coins were cut out and they became known as 'holey dollars' and the cores were called 'dumps'. This was Australia's first form of coinage. But in 1825, British coins based on the Sterling standard began to be minted in Australia. The use of the silver and bronze coins continued until 1910. In February of 1966, the Australian Dollar (AUD) was introduced under a decimalized system; dollars and cents replacing the pounds, shillings, and pence. In 1988, banknotes were converted to polymer, a technology originally developed in Australia to help prevent counterfeiting.
How Can I Convert AUD to INR Online in India?
The most popular Australian Dollar currency converter is with US Dollar. The Australian Dollar is known as a commodity currency due to its substantial raw material exports. As a result, the AUD is affected by China and other Asian import markets. Due to its relatively high-interest rates, the Australian Dollar is often used in carrying trades with the Japanese Yen. A carry trade is a strategy in which a currency with low-interest rate is sold in order to buy a currency with a higher interest rate. A lot of Indians travel to Australia for studies, work and emigration. And a lot of Australians travel to India for business, cricket and travel. This results in a lot of AUD to INR or INR to AUD exchange. More than a million Indians live and work in Canada and this also means a lot of people send money to Canada from India or vice-versa. This also means a lot of people convert AUD to INR or INR to AUD. You can convert AUD to INR with BookMyForex.com and get live AUD to INR rates.
Where can I get the Best AUD to INR Rates in India?
You will get the best AUD to INR rates with BookMyForex.com. BookMyForex.com compares the AUD to INR rates across hundreds of Banks and money exchangers near you to get you the Best AUD to Rupee Rates. Our AUD to Rupee rates are live and accurate to the last second. You can always lock-in or freeze our AUD to INR rates for up to 3 days against a refundable advance. BookMyForex.com has tie-ups with more than 5000 banks and money changers across 650+ cities in India. So that you don’t have to move far from your home to convert AUD to INR.
Stop Paying For Foreign Exchange in India
With BookMyForex.com you don’t have to pay any hidden fees or charges to convert AUD to INR or vice versa. You can now Exchange your AUD to INR or any other foreign currency back into Indian rupees at exact interbank rates - that’s the same rates that you see on search engines, forex sites like and business news channels.
Frequently Asked Questions
The first series of Australian Dollar notes was issued only in 1913 which were based on the old British sterling system. However, the decimal currency (coinage) was issued later in 1966 when the dollar and the cent replaced pounds, shillings and pence. In 1996, to prevent counterfeiting of currency, paper based notes were converted to polymer based notes which is also called plastic currency.
There is no particular way of determining the authenticity of the currency notes. However, you can avoid getting into the trap of fake currency, it is recommended to transact in foreign currency with a well-known and trusted currency exchanger.
If you are keen to learn how to detect fake Australian currency dollar notes, you can visit the guideline provided by the Reserve Bank of Australia to check the authenticity of AUD notes.
Australian Dollar is the official currency of Australia and it can also be used in its extended territories which include Norfolk Island, Christmas Island and Cocos (Keeling) Island. The Australian dollar is also used as an official currency in three independent pacific island states Kiribati, Nauru & Tuvalu.
The Australian dollar is considered as one of the most volatile currencies in the G-10 group of nations which is because Australian exports are highly dependent on the growth performance and business environment in major economies. For example, one major item in the Australian exports is iron ore, the major demand of which comes from China and the USA. So if the growth slows down in these countries, Australian dollar is directly impacted. However, if you look at the 5-year AUD to INR chart, the Australian dollar has been quite a stable currently trading in the 47.50- 51.25 range.
