I’ve heard about a movement about keeping cash alive. However, am I allowed to exchange or keep “foreign” cash in Australia despite it being worth more? For example, I hoard cash via the following currencies: USD, BBD, OMR, KWD, PLN, GBP, EUR & AED to name a few and most are higher value than Australian Dollar.

I mean, will stores (in touristy parts of Sydney) accept the following in cash (mentioned above) directly for transactions. Like for instance: this item costs A$50 but gave them a 200€ (A$330) bill as payment, will they take that at face value due to that being worth more despite it being the second most traded currency globally?

  • Az_1@piefed.social
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    17 hours ago

    I haven’t seen any shops accepting foreign currency here, I don’t think it’ll work out. Better to just exchange it for aud.