Budgerigars are often, and mistakenly, referred to as parakeets. Originating in Australia, Budgies were imported to England where breeders took painstaking measures to develop color strains and bloodlines that were as pure as possible. As a result, English Budgies are often referred to as an Exhibition Budgie. What is commonly referred to as the American Budgie is considered in the trade to be more of a pet than a breeder exhibiting pure lines. They are the same species and both are a good deal larger than their native Australian counterparts.
The Budgie, called "bet-cher-ga" by the Aborigines, was a favorite menu item in their native land. Betcherga literally means "good to eat." Extensive exportation of the Budgie resulted in Australia's limiting the number of birds allowed to leave the country. This has stimulated, over the years, extensive breeding programs all over the world to support a market for one of the most popular of all pet birds. The average cost of a Budgerigar can range from $10 to $100; the cost is generally higher for an English Budgie.