The victory is celebrated each year in the Australia town of Trafalgar, Victoria, in which the small town of 2,200 hold an annual Battle of Trafalgar Festival with the Trafalgar Day Ball held on the Friday or Saturday closest to 21 October each year.
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A memorial dedicated to members of the Allied submarine crews based in Fremantle during the Second World War was unveiled by Sir Douglas Kendrew, the Governor of Western Australia, on Trafalgar Day (21 October), 1972, comprising a periscope from HM Submarine Tabard.