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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.
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 Australian one-dollar note was introduced in 1966 due to decimalisation, to replace the 10-shilling note. The note was issued from its introduction in 1966 until its replacement by the one-dollar coin in 1984. Approximately 1.7 billion one-dollar notes were printed.
In June 2017, there were 128 million $10 notes in circulation, with a net value of $1.280 billion. [2] This was 2% of the cash value of all banknotes in circulation, and 8% of the number of all banknotes in circulation. [2] Since the start of issue of $10 notes, there have been eleven signature combinations, of which the 1967 issue is the most ...
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
If You Own Any Old Australian Coins, They Could Be Worth up to $1.3 Million. Vance Cariaga. December 1, 2024 at 4:04 PM ... The rarity of this coin has pushed its value to more than $340,000 USD.
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.
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]