0
Australian decimal currency was introduced on the 14th of February, 1966. It is based on 100 cents = 1 Dollar.
The system it replaced was based on the old British monetary system of Pounds, Shillings and Pence. 12 pence = 1 shilling, 20 shillings = 1 pound.
The old Australian currency included the Halfpenny, Penny, Threepence, Sixpence, Shilling and the Florin (Two Shillings) coins and, the Ten Shilling, One Pound, Five Pound and Ten Pound notes.
In 1966, the new currency included the 1 cent, 2 cent, 5 cent, 10 cent, 20 cent and 50 cent coins and, the One Dollar, Two Dollar, Ten Dollar and Twenty Dollar notes.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What was pre-decimal currency in Australia called?
The Australian Pound
What happened to Australian pennies when decimal currency was introduced?
All circulating pre-decimal Australian currency was progressively withdrawn from circulation and sent back to the Royal Australian Mint to be melted down.
What is the value of a 1944 Australian Cent?
Decimal currency was not introduced into Australia until 1966. There is no such thing as an Australian pre 1966 cent.
What is a Zack?
A zack is an Australian pre-decimal sixpence coin, or a six-month prison term.
What is a 1942 penny with a koala on front worth?
There was never an Australian pre decimal coin (pre-1966) minted with a Koala on the front, back, or anywhere else.
Witch money do they use in Australia?
Australia has its own currency. Based on a decimal system, named the Australian dollar
How many pennies in a pre-decimal British Pound?
There were 240 pre-decimal pennies in a pound.
What is a coin with an emu on it worth?
Most Australian pre-decimal silver coins featured the Australian Coat of Arms at different times, and so does the non-commemorative 50 cent coin. The Australian Coat of Arms features a kangaroo and an emu. Please narrow down the possibilities with a year and a denomination.
What do the letters LSD stand for in british pre decimal currency?
LSD in British pre-decimal currency stands for pounds, shillings, and pence. It was the system used in Britain before decimalization in 1971, where there were 12 pence in a shilling and 20 shillings in a pound.
A numeration system based on grouping by tens?
decimal system
What is australias unit of money called?
The Australian Dollar (AUD). There are 100 cents in an Australian Dollar.
What was the price of the beano UK 1965?
In 1965, the price of Beano UK was 4d, which is equivalent to 4 pence in the pre-decimal currency system.
