What are the Australian decimal and pre decimal system?

Answer 1

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.