Currency in Sydney: The official currency in Sydney, and throughout Australia, is the Australian Dollar (AUD). The currency is denoted by the symbol “$” and is often colloquially referred to as the “dollar.”
Banknotes: Australian banknotes come in denominations of $5, $10, $20, $50, and $100. Each denomination has a distinct color and features notable Australian figures and landmarks.
Coins: Coins in circulation include 5, 10, 20, and 50 cent pieces, as well as $1 and $2 coins.
Currency Exchange: Currency exchange services are available at major airports, banks, and dedicated currency exchange offices throughout Sydney. Additionally, many hotels and shopping centers provide currency exchange services, although rates may vary.
Banks: Major Australian banks, such as Commonwealth Bank, Westpac, ANZ, and NAB, have branches across Sydney. Banks typically offer currency exchange services, and ATMs are widely available for cash withdrawals.
ATMs: ATMs are prevalent throughout Sydney and accept major international credit and debit cards. Withdrawals are typically available in Australian Dollars, and currency conversion options may be provided at the time of withdrawal.
Credit Cards: Credit cards, especially Visa and MasterCard, are widely accepted in Sydney. Most businesses, including restaurants, hotels, and shops, accept card payments. American Express and Diners Club are also accepted but to a lesser extent.
Contactless Payments: Contactless payment methods, such as Apple Pay, Google Pay, and tap-and-go cards, are commonly used in Sydney. Many businesses offer this convenient payment option.
Tipping: Tipping is not as common in Australia as it is in some other countries. However, if you receive exceptional service in a restaurant or café, leaving a tip of around 10% is appreciated but not obligatory. Tipping is less common in other service industries.
Goods and Services Tax (GST): Australia applies a Goods and Services Tax (GST) of 10% to most goods and services. Prices displayed in stores generally include GST, and a tax invoice will be provided for larger purchases.
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