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 koruna (meaning 'crown') has been fully convertible since 1995 and began to float in 1999. The Czech Republic plans to adopt the euro in 2012.
