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The first issue in 1942 consisted of denominations of 1, 5, 10 and 50 centavos and 1, 5, and 10 Pesos. 1943 brought "replacement notes" of the 1, 5 and 10 Pesos. 1944 ushered in a 100 Peso note and soon after an inflationary 500 Pesos note. Near the end of the war in 1945 the Japanese issued a 1,000 Pesos note.
The 1913 note was the world's first officially issued ten-shilling note. The first note, serial number M000001, was printed by Judith Denman, five-year-old daughter of the Governor-General of Australia, Lord Denman. [1] The last banknote issue had a print of 557,548,000 banknotes. [citation needed] [dubious – discuss]
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The two higher denomination notes (10/– and £1) were only printed in a single block (OA). [2] In August 1945 the Co-Prosperity Sphere was dissolved and the Oceanian pound was abolished shortly after, with the old currency replaced by the Australian pound or the US dollar depending on the territory.
A variety of pegs to sterling applied until December 1931, when the government set a rate of £1 Australian = 16 shillings sterling (£1 and 5s Australian = £1 sterling). [12] During World War II, Japan produced currency notes, some denominated in the Australian pound, for use in Pacific countries intended for occupation.
By luck, a supply of paper made from plants native to Japan was located in the U.S. [7] When that supply was exhausted the counterfeiting operation was transferred to Australia. In 1943 MacArthur requested and received the following counterfeited notes: five million 10-peso notes, three million 5-peso notes, one and a half million 1-peso notes ...
Australia and the Philippines on Friday agreed to hold annual defence ministers' meetings as the two nations upgraded bilateral ties to a strategic partnership amid rising security challenges in ...
The central plug (known as a dump) was valued at 15 pence (i.e., 1 shilling, 3 pence, or 1s 3d), and was restruck with a new design (a crown on the obverse, the denomination on the reverse), whilst the holey dollar received an overstamp around the hole ("New South Wales 1813" on the obverse, "Five Shillings" on the reverse).