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The coin was equivalent in its dimensions and value to the British pre-decimal penny, as the two currencies were originally fixed at par. The coin was introduced in 1911, while the last penny was minted in 1964. After decimalisation on 14 February 1966 the penny was equal to 0.8333 cents. The obverse of the coin featured the reigning Australian ...
The round fifty cent coin was the highest-denomination and largest diameter coin of the Australian decimal coins, introduced in 1966. It has a nominal value of half an Australian dollar, equivalent to five shillings in the pre-decimal accounting system. Due to the large number minted in 1966, and the rising cost of silver, it was not made in ...
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 The one- and two-cent coins were discontinued in 1990 and withdrawn from circulation in ...
The coins of the Australian dollar were introduced on 14 February 1966, although they did not at that time include the one-dollar or two-dollar coins. The dollar was equivalent in value to 10 shillings (half a pound ) in the former currency.
The Australian florin was a coin used in the Commonwealth of Australia before decimalisation in 1966. The florin was worth two shillings (24 pence , or one-tenth of a pound ). The denomination was first minted in 1910 to the same size and weight as the British florin .
The cent (in circulation 1966–1992), formally the one-cent coin, was the lowest-denomination coin of the Australian dollar. It was introduced on 14 February 1966 in the decimalisation of Australian currency and was withdrawn from circulation in 1992 (along with the two-cent coin). [1] [2] It is still minted as a non-circulating coin. A one ...
The Australian five-cent coin is the lowest-denomination circulating coin of the decimal Australian dollar introduced on 14 February 1966, replacing the pre-decimal sixpence. It has been the lowest-denomination coin in general circulation since the withdrawal of the one-cent and two-cent coins in 1992.
A year later Australian pennies and half-pennies entered circulation. Unlike in New Zealand, there was no half-crown. In 1931 gold sovereigns stopped being minted in Australia. A crown or five-shilling coin was minted in 1937 and 1938. Coinage of the Australian pound was replaced by decimalised coins of the Australian dollar on 14 February 1966 ...