What was the old Australian currency?

Australian pound
The Australian pound (symbol £) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar.

When did Australia stop paper money?

Australian paper banknotes were phased out in 1982 with the commencement of the One Dollar to the end of paper money with the Hundred Dollar in 1996. The One Dollar with the signature combination of Johnston/Stone was phased out in 1982 to be replaced with the One Dollar Coin.

How do you tell what year Australian notes are made?

Serial Numbering The first two numbers of the prefix, which indicate the year the banknote was produced, are the same for all banknotes printed in the same year. All banknotes on a sheet will have the same suffix, which decreases by one from one sheet to the next.

Which Australian banknotes are valuable?

Polymer Banknotes

  • 1996 McFarlane Evans $10 Consecutive Run of 6 UNC Extremely RARE.
  • 1996 Fraser Evans $100 First Prefix AA96 Consecutive Run of 6 UNC.
  • 1996 Fraser Evans $100 First Prefix AA96 Consecutive Run of 5 UNC.
  • 1995 Fraser Evans $50 Last Prefix VG95 aUNC Extremely SCARCE.

When did the $2 note go out of circulation?

Denomination overview The denomination was continuously used until 1966; by this time the United States Note was the only remaining class of U.S. currency the two-dollar bill was assigned to. In August 1966, the Treasury Department discontinued production of the $2 and $5 denominations of United States Notes.

When was money invented in Australia?

The first coinage issued by the colony took place in 1813, when Governor Macquarie ordered the middle of the £10,000 in Spanish dollars sent by the British government be punched out. This process created two parts: a small coin, which was called the dump, and a ring, which was called a holey dollar.

Does Australia have a 1000 dollar note?

The Commonwealth Bank of Australia issued Australian Pound banknotes in 9 different denominations, including this 1000 Australian Pounds banknote….Additional information.

Location Australia
Currency Australian Pounds
Series Australian Pound banknotes
Tender banknotes
Animal

Can you still use old Australian notes?

All Australian banknotes that have previously been issued into circulation by the Reserve Bank remain legal tender and can continue to be used. All existing polymer banknotes can continue to be used as both versions of the $5, $10, $20, $50 and $100 banknotes will be in circulation for a number of years.

Where are Australian banknotes printed?

Australia’s banknotes are printed by Note Printing Australia Limited (NPA), which is located on a 26 hectare site at Craigieburn, Victoria, 25 kilometres north of Melbourne. Since July 1998, NPA has been a separately incorporated, wholly owned subsidiary of the Reserve Bank of Australia.

What are the security features on Australian banknotes?

Polymer Substrate.

  • Top-to-bottom window.
  • 3D image.
  • Flying bird.
  • Colourful bird.
  • Reversing number.
  • Rolling colour effect.
  • Image in small window.
  • Intaglio print.
  • Background print (offset) Multi-coloured and multi-directional fine-line patterns appear on each side of the banknote.

    • What are the top banks in Australia?

    Currently, banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, ANZ Bank, and the National Australia Bank.

    What are Australian banknotes made from?

    Australian dollar notes are made of a polymer, which has a waxy feel, while the banknotes of the U.S. and several other countries are made of cotton fiber paper. Polymer banknotes tend to last two…