Have you ever thought about traveling to Australia? Are you a fan of kangaroos or did you ever watch the Crocodile Hunter (RIP)? If not, no worries, but please keep reading because you may want to book a flight when we are done.
Australia is the first country in the world to use a complete system of bank notes made entirely from plastic. In 1988, to protect against counterfeiting practices, Australia converted their traditional paper notes to plastic. Under growing popularity, Note Printing Australia, a division of the Reserve Bank of Australia also created
money for several countries including Mexico, New Zealand, Romania, Chile and Bangladesh.
Polymer currency lasts up to 4 times longer than traditional currency. It is cleaner than previously used paper notes and is easily recyclable. Using this type of currency allows for the creation of imagery that reflects the history and natural elements of Australia. Australian currency is a combination of coins and polymer notes. Coins are available in 5, 10, 20, 50 cent and one and two dollar denominations. These coins depict such images as kangaroos, emus and the Australian coat of arms. The Royal Australian Mint, which produces these coins even won an international award for "Best Silver Coin 2006" for its Silver Kangaroo coin design. Australia's notes are available in 5, 10, 20, 50 and 100 denominations. These notes feature images of some of Australia's most famous including Her Majesty Queen Elizabeth II, poet AB "Banjo Paterson and inventor David Unaipon.
If you would like to read more interesting facts about Australia currency check out the Department of Foreign Affairs and Trade website here.
G'day Mate,
Savvy Student
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