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Australia had no "Australian" currency until 1910 when the British system of Pounds, Shillings and Pence was adopted. Initially, the British currency was used but, due to a shortage of coinage in Britain due to the Napoleonic Wars, alternatives were employed including promissory notes, coins from other countries overstamped or with the centres punched out. Due to the inevitable problems this caused, the British shipped more coinage to the Colonies which overcame the problem temporarily. Another attempt at patching the problem was merchants tokens and the minting of gold coins from the various gold rushes by the newly established Sydney Mint on behalf of the Royal Mint in London. Several attempts at printing paper money failed but eventually succeeded.

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15y ago
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9y ago

Decimal currency was introduced to Australia on 14 February 1966.

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12y ago

Pounds, shillings and pennies.

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11y ago

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Q: What currency did the ancient austrlians use?
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What did the ancient Egyptians use their currency?

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How did ancient Greece effect trade and currency today?

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Sources for the study of the use of money in Egypt consists of documents of the temple, biographies and other archaeological data. Currency began to be used by the Egyptians as the Greco-Roman period. For most, the ancient Egyptians were never conceptualized the use of money. http://www.egyking.info/2012/09/ancient-egyptian-money.html


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aureus (gold), the denarius (silver), the sestertius (bronze), the dupondius (bronze), and the as (copper).


What common compound did ancient roman use as currency?

The compound used for currency in ancient Rome was bronze. The lower value coins, the as, dupondus, semis and sestertius were made of this material.The compound used for currency in ancient Rome was bronze. The lower value coins, the as, dupondus, semis and sestertius were made of this material.The compound used for currency in ancient Rome was bronze. The lower value coins, the as, dupondus, semis and sestertius were made of this material.The compound used for currency in ancient Rome was bronze. The lower value coins, the as, dupondus, semis and sestertius were made of this material.The compound used for currency in ancient Rome was bronze. The lower value coins, the as, dupondus, semis and sestertius were made of this material.The compound used for currency in ancient Rome was bronze. The lower value coins, the as, dupondus, semis and sestertius were made of this material.The compound used for currency in ancient Rome was bronze. The lower value coins, the as, dupondus, semis and sestertius were made of this material.The compound used for currency in ancient Rome was bronze. The lower value coins, the as, dupondus, semis and sestertius were made of this material.The compound used for currency in ancient Rome was bronze. The lower value coins, the as, dupondus, semis and sestertius were made of this material.