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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 one-pound note was the most prevalent banknote in circulation with the pound series, with the last series of 1953–66 having 1,066 million banknotes printed. [2] The first banknotes issued were superscribed notes purchased from 15 banks across Australia and printed with Australian Note and were payable in gold.
File:Australian $50 note paper front.jpg; File:Australian $50 note polymer back.jpg; File:Australian $50 polymer front.jpg; File:Australian $100 polymer front.jpg; File:Australian 20 dollar note RBA Reverse Fourth Series.jpeg; File:Australian 20 dollar note Reverse Fourth Series.jpeg; File:Australian 100 dollar note Obverse Fourth Series.jpeg
The Queensland government issued treasury notes (1866–1869) and banknotes (1893–1910), [2] which were legal tender in Queensland. The New South Wales government issued a limited series of Treasury Notes in 1893. [2] In 1910, the Commonwealth passed the Australian Notes Act of 1910 to initiate banking and currency
Karina Nartiss, a young Latvian immigrant to Australia, was paid £10/10/- to model as a representation of "Science and Industry" on the £10 note. Sir Henry Parkes, GCMG: $1: C: P: 1996: Centenary of Parkes' death. $5: N: P: 2001 [35] Centenary of Federation special issue Admiral Arthur Phillip, RN: £10: N: P: 1954-66 [36] Replaced the image ...
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The first polymer note was issued on 31 October 1994 [2] and the Next Generation polymer banknote was issued on 9 October 2019. As of June 2017, 164 million $20 banknotes were in circulation, 11% of the total notes in circulation; worth $3,286 million, or 4% of the total value for all denominations. [3]
The two dollar note was replaced by a gold-coloured coin on 14 June 1988 (Monday), due to the longer service life and cost effectiveness of coins. These notes can still be redeemed at face value by the Reserve Bank of Australia and most commercial banks, [ 1 ] but numismatics and note collectors may pay a higher price for these notes depending ...