Australian Dollar is the official currency of Australian and its extended territories which include Norfolk Island, Christmas Island and Cocos (Keeling) Island.
AUD is the fifth most traded currency in the world.
Apart from that, a lot of Indian students visit Australia for higher studies purpose.
In case, you are also planning to travel to Australia in the near future, you would certainly require Australian Dollars to transact there. If you are looking for the best Australian dollar exchange rate in your city, look nowhere now as you can get it online with Ausbanknotes which is India’s first and largest online currency exchange marketplace.