The Australian Dollar is currently the fifth-most-traded currency in world foreign exchange markets. It is also used in the Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru and Tuvalu.
The dollar has been the currency of Canada since 1858. A number of central banks keep Canadian dollars as a reserve currency. It's known locally as a buck or a loonie, with the two-dollar coin known as a toonie.
