The rate of conversion for the new decimal currency was two dollars per Australian pound, or ten Australian shillings per dollar. The exchange rate was pegged to the pound sterling at a rate of $1 = 8 shillings ($2.50 = UK Â£1).In 1967, Australia effectively left the sterling area, when the pound sterling was devalued against the US dollar and the Australian dollar did not follow.t is subdivided into 100 cents. As of 2011, the Australian is the 5th most traded currency in the world, accounting for 7.6% of the world's daily share. It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling.
More than 300 ACC employees are being paid in excess of $100,000 a year, according to its annual report. The highest paid earner, who the state insurer said was not departing chief executive Ralph Stewart, received up to $760,000. The insurer declined to name who that earner was.
On average, jobs specifying an ACA pay Â£64k. If you have an ACCA you will typically find it difficult to get a job in equity research or other front office areas of an investment bank. ACCA qualified candidates are sought after for banksâ finance functions.hatâs pretty good considering that the comparable ratios for candidates with an MBA or Masters qualification are 39 and 96 to one respectively. However, average pay for an ACA in Europe is âjustâ Â£68k.