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The Australian Colonies were using the British currency in 1850 and Australian Dollars did not become the Australian currency until 1966.

Five Pounds GBP in 1850 had the purchasing power of about $698.56 AUD today.

NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.

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Q: What is the value of 5 pounds in 1850 to Australian dollars in 1850?
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