The Cocos (Keeling) Islands, a territory of Australia, have a unique history when it comes to currency. Historically, the islands have used various forms of currency, including the Australian dollar, given their status as an Australian territory. However, they've also issued their own commemorative coins.
Regarding commemorative coins, the Cocos (Keeling) Islands have issued a series of collector coins over the years, often featuring themes related to the islands' flora, fauna, and cultural heritage. These coins are often minted in limited quantities and are sought after by collectors around the world. In 2004, there were commemorative coins issued to honor Charles Darwin's visit to the Islands in 1836, including a silver $10 coin and a gold $100 coin.
In terms of official currency, the Australian dollar (AUD) is the primary currency used on the Cocos (Keeling) Islands. Australian coins are widely accepted and used for everyday transactions. As for denominations, they would typically follow the standard Australian dollar denominations: 5 cents, 10 cents, 20 cents, 50 cents, 1 dollar, 2 dollars, and 5 dollars.
5, 10, 20, and 50 cent coins are made of nickel-plated brass. They feature various sea species on the obverse side and a palm tree on the reverse side. The 1 dollar coin is made of brass and features a bird sitting on a branch on the obverse side, while a palm tree is depicted on the reverse side. Similarly, the 2 dollar coin, also made of brass, displays a bird flying over the ocean on the obverse side, with a palm tree on the reverse side.
As for the 5 dollar coin, it is bi-metallic, comprising stainless steel on the outer ring and brass in the center. This coin portrays a great white shark swimming over the ocean on the obverse side, while the reverse side depicts a palm tree.
