What currency was used in the Australian gold rush?

Answer 1

Australia, being a British Colony during the "Gold Rush" period, used the British currency consisting of Pounds, Shillings and Pence (12 Pence to the Shilling and 20 Shillings to the Pound).

Additional information

Australia did not get its own currency until well after Federation. The first installment of the Australian currency was issued in 1910 and consisted of sterling silver coins, the Threepence, Sixpence, Shilling and Florin (Two Shillings). The second installment was issued in 1911 consisting of the bronze Penny and Halfpenny.

Australian banknotes were first issued in 1913 and 1914 and included the Ten Shilling, One Pound, Five Pound, Ten Pound, Twenty Pound, Fifty Pound, One Hundred Pound and One Thousand Pound.

The new Australian currency was based very heavily on the British currency but excluded many traditional British Coins such as the Farthing, Halfcrown and Crown, amongst others, and was in use until 1966.

Answer 2

Australia's currency is the Australian dollar, which came in when decimal currency was introduced in 1966. There are 100 cents to the dollar. Coin denominations are $1, $2, 50c, 20c, 10c and 5c, while note denominations are $5, $10, $20, $50 and $100.

Up-to-date information on the Australian dollar can be found at the related link below.

Answer 3

Since 1966, Australia uses the Australian Dollar (AUD) consisting of 100 cents.

Answer 4

They use the Australian Dollar (AUD)