$ This is a symbol we all know and love. Money. But make no mistake! This is not just some ordinary dollar, no, this is the Australian Dollar. This beauty is also known as buck and dough according to XE, however, it has not always had those names. In fact Wikipedia could give me a quite intriguing story. In 1963 the monarchist Robert Menzies, who was the Prime Minister of Australia, wished to call this money "royal". Harold Holt, the treasurer, made this come true in June 1963, from this day forward you paid with royals.. Mister Holt regretted this decision soon after. The Australian people weren’t too happy about this name and some even went that far to send death threats. All this because it had been a “terrible mistake”. September 1963 Holt advised the parliament to name their currency the dollar.

The Euro does not have such an thrilling history, yet is still interesting. Of course it’s great that no less than 19 countries share the same currency and it makes life for people in the Eurozone a lot easier. But we are not here to go on deep about the European Union, let’s do what we have been doing and start comparing.

1 EUR (euro) is equal to 1.47880 AUD (Australian Dollar). The most popular Australian Dollar exchange rate is from Australian Dollar to British Pound, while for the Euro it is from Euro to US Dollar..

And now, because it’s your lucky day, here are three facts about Australian money from Savings Guide you probably haven't heard of yet.

1. The coins they used for the 1 and 2 cents have been used for the Bronze medals in the Sydney Olympic games of 2000.
2. Australia had the first plastic bank notes, which last four times longer than regular paper notes.
3. The Australian Mint occasionally makes coins and notes that are rare or limited eddition. They can be used for normal purchases, but it can mean that a little coin of 50 cent, is worth much more.

By Jasmijn Baldee