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Only the $50 note had more cash value in circulation. [9] In June 2008 there were 176.9 million notes in circulation (19%), with a value of $17,690 million (42.1%). In June 2017, 337 million $100 notes were in circulation, [10] 22% of the total notes in circulation; worth $33,689 million, 46% of the total value for all denominations. [11]
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.
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.
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This is a list of people who have appeared on currency issued by Australia since that country introduced its own notes and coins in 1910. Those appearing on the current series are shown in bold. Legend: N = note; C = coin; P = primary image; W = watermark /- = shilling; d = pence; c = cents
The officers have been called out to more than 35 businesses over the past two months in connection to counterfeit $50 notes. [28] Australian Federal Police have charged two persons alleging to have produced $16,465 notes of counterfeit currency and charged them with various offences under the Crimes (Currency) Act 1981. The police said that ...
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The $100 note is currently green and is known colloquially as a “watermelon”, [4] but between 1984 and 1996 it was grey, and was called a grey nurse (a type of shark). [5] Modern polymer Australian notes have multiple nicknames and varying levels of usage dependant on location and socio-economic class.