What was the Australian currency during World War 1?

Answer 1

The Australian currency had not long been established at the outbreak of WW1 in 1914 and there was still many British Coins in circulation.

The Australian currency from 1910 to 1966 was based on the British Imperial system of Pounds, Shillings and Pence. 12 Pence to the Shilling and 20 Shillings to the Pound.

The silver coins including the Threepence, Sixpence, Shilling and Florin were introduced in 1910, followed by the copper coins including the Penny and Halfpenny in 1911.

Banknotes were introduced in 1913 and included the Ten Shilling, One Pound, Five Pound and Ten Pound notes.

All of the above denominations were in use until the changeover to decimal currency in 1966.

Further notes were introduced in 1914 including the Twenty Pound, Fifty Pound, One Hundred Pound and One Thousand Pound notes. These notes did not last long and were all withdrawn by the early 1940's. The One Thousand Pound note was only used to settle debts between banks.