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After the introduction of Australia's decimal currency on 14 February 1966, the shilling became the equivalent of 10 cents in the new Australian dollar system. To assist in the transition to decimal currency in Australia, the Federal Government launched an advertising campaign to explain to the Australian community how the transition would be ...
Value Technical parameters Description Date of Dated years of issue Obverse Reverse Diameter Mass Composition Obverse Reverse Edge First issue Withdrawal Half penny (½d) 25.5 mm 5.67 g Bronze (97% copper, 2.5% zinc, 0.5% tin) Portrait of King George V. Designed by Sir E. B. Mackennal.
The pound (sign: £, £A [1] for distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. Like other £sd currencies, it was subdivided into 20 shillings (denoted by the symbol s or /–), each of 12 pence (denoted by the symbol d).
Ducat = 9/6 (9 shillings 6 pence). Rupee = 2/6 (2 shillings and 6 pence). Pagoda = 8/- (8 shillings). . Dutch Guilder = 2/- (2 shillings). English shilling = 1/1 (1 shilling and 1 penny). Copper coin of 1 oz = 2 pence. [2] The settlers did have some George III one-penny coins, which were referred to as "Cartwheel pennies". These were the first ...
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
When Australia was part of the fixed-exchange sterling area, the exchange rate of the Australian dollar was fixed to the pound sterling at a rate of A$1 = 8 U.K. shillings (A$2.50 = UK£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.
The Australian penny was a coin of the Australian pound, which followed the £sd system. It was used in the Commonwealth of Australia prior to decimalisation in 1966. One Australian penny was worth 1 ⁄ 12 Australian shilling, 1 ⁄ 24 Australian florin, 1 ⁄ 60 Australian crown, and 1 ⁄ 240 Australian pound.
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.