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The notes of the Australian dollar were first issued by the Reserve Bank of Australia on 14 February 1966, when Australia changed to decimal currency and replaced the pound with the dollar. [1] This currency was a lot easier for calculating compared to the previous Australian pound worth 20 shillings or 240 pence.
"Design of the new decimal currency", first broadcast by the ABC in 1964. The Royal Australian Mint has announced that, following the death of Queen Elizabeth II in 2022, it will produce one million $1 coins bearing King Charles' face in 2023 [1] with the new effigy to fully replace a temporary memorial effigy of Queen Elizabeth II by May 2024. [2]
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.
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).
The Australian ten-dollar note was one of the four original decimal banknotes (excluding the Australian five-dollar note) that were issued when the currency was changed from the Australian pound to the Australian dollar on 14 February 1966. It replaced the Australian five-pound note, which included the same blue colouration. There have been ...
The twenty-cent coin of the Australian decimal currency system was issued with conversion to decimal currency on 14 February 1966, [2] replacing the florin which was worth two shillings, a tenth of a pound.
A year later Australian pennies and half-pennies entered circulation. Unlike in New Zealand, there was no half-crown. In 1931 gold sovereigns stopped being minted in Australia. A crown or five-shilling coin was minted in 1937 and 1938. Coinage of the Australian pound was replaced by decimalised coins of the Australian dollar on 14 February 1966 ...
The only commemorative coin in this denomination was issued in 2016 to commemorate the 50th anniversary of decimal currency. [2] As of 2023–24, the 5c coin has the highest mintage of any current coins. [3] The lowest mintage was 8.25 million coins in 1972, and the highest was 306.5 million in 2006.
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