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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.
The one-dollar coin was introduced in 1984, to replace the banknote of the same value. The two-dollar coin, also replacing a banknote, was introduced in 1988. They have content of 2% nickel, 6% aluminium and 92% copper. The two-dollar coin is smaller in diameter than the one-dollar coin, but the two-dollar is slightly thicker.
The Australian dollar replaced the Australian pound on 14 February 1966 as part of the decimalisation process. [6] At this time, 1, 2, 5, 10, 20, and 50 cent coins were issued. [6] $1 coins were first issued in 1984, [7] and $2 coins soon followed in 1988. The one- and two-cent coins were discontinued in 1990 and withdrawn from circulation in ...
Coins of the Australian dollar are circulated with different designs depicting various anniversaries or significant Australian events, these differing coin designs being labelled Australian commemorative coins. Typically, only the 20c, 50c, $1 and $2 coins have been minted in commemoration.
The lowest ever value of the dollar after it was floated was 47.75 US cents in April 2001. [58] It returned to above 96 US cents in June 2008, [59] and reached 98.49 later that year. Although the value of the dollar fell significantly from this high towards the end of 2008, it gradually recovered in 2009 to 94 US cents.
Just about all of the coins you will come across in your lifetime are worth what they say they are worth -- a half dollar is worth 50 cents, a quarter is worth 25 cents, and on down the line. In ...