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Unit | |||||
---|---|---|---|---|---|
Unit | pound | ||||
Plural | pounds | ||||
Symbol | £ | ||||
Denominations | |||||
Subunit | |||||
1⁄20 | shilling | ||||
1⁄240 | penny | ||||
Plural | |||||
penny | pence | ||||
Symbol | |||||
shilling | s, /– | ||||
penny | d | ||||
Banknotes | |||||
Freq. used | 10/–, £1, £5, £10 | ||||
Rarely used | £20, £50, £100, £1,000 | ||||
Coins | 1⁄2d, 1d, 3d, 6d, 1/-, 2/-, 5/- (5/- only used from 1937 to 1938) | ||||
Demographics | |||||
Date of introduction | 1910 | ||||
Date of withdrawal | 14 February 1966 | ||||
Replaced by | Australian dollar | ||||
User(s) | Australia | ||||
Issuance | |||||
Central bank |
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Valuation | |||||
Pegged with | initially to sterling at par, then at £A 1 = 16 shillings sterling | ||||
Pegged by | New Guinea pound at par | ||||
This infobox shows the latest status before this currency was rendered obsolete. |
The pound (sign: £, £A[1] for distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. Like other £sd currencies, it was subdivided into 20 shillings (denoted by the symbol s or /–), each of 12 pence (denoted by the symbol d).