Australia's decimal currency is divided into 5, 10, 20, 50 cent and $1 and $2 coins; notes are in denominations of $5, $10, $20, $50 and $100.
The safest way to carry larger amounts of money is in the form of a credit or debit card. "Plastic" payment is widely accepted across the nation in shops, restaurants, hotels, petrol stations and a wide network of ATMs. Any card connected to the international banking network (Cirrus, Maestro, Plus and Eurocard) should work with your regular PIN. Visa and Mastercard are accepted almost everywhere, whilst Diners Club and American Express are not as widely accepted. A minimum purchase may be required to use your credit card in some shops.
Foreign currency and travellers cheques can be exchanged at banks, travel exchanges and hotels in the major centres. Most banks across Australia are open Monday to Friday 9.30am-4pm. Check www.xe.com/currencyconverter/ for current exchange rates.
Amounts of $AUD10,000 or more (or foreign currency equivalent) must be declared on arrival and departure.