The need for a decimal currency was recognised 55 years earlier, however the
British Government disallowed the federal legislation enabling this change. The independence of the Dominions was subject to imperial veto until the Statute of Westminster in 1932.
Decimal is simple. Primary school children kenw all about this under the pounds-shillings-pence regime, and have horrible memories of homework multiplying out several sums like 573 pounds 7 shillings and 8 pence halpenny by 968 for an evening's entertainment, and copping similar in exams. And, believe it or not, no calculators.
Similarly, having learnt how easy life can be, we went on to decimal measurements, and no longer had to find the area of a circle inside as square expressed in rods, poles and perches.
Australia converted to decimal currency on the 14th of February, 1966.
Decimal currency was first introduced in Australia on 14 February 1966. The new Australian dollar replaced the Australian pound, which was different to the Pound Sterling.
Chester Nimitz died on February 20, 1966 at the age of 80.
Jack Coffey died February 14, 1966, in Bronx, NY, USA.
Darrin Chapin was born February 1, 1966, in Warren, OH, USA.
On 14 February 1966, decimal currency was introduced in Australia, replacing the British system of pounds, shillings, and pence with dollars and cents. This change simplified the country's monetary system and brought Australia in line with other nations using the decimal currency system.
In 1963, Australia initiated the change to decimal currency. There were many suggestions about the new name of the currency, but the final name was decided and the "Dollar" was introduced on the 14th of February, 1966.
The Australian Dollar (AUD). There are 100 cents in an Australian Dollar.
Australia converted to decimal currency on the 14th of February, 1966.
The 14th of February 1966 was the date that decimal currency was introduced in Australia.
Australia changed to decimal currency in February 1966. Therefore, in February 2014, it will have been 48 years since Australia changed its currency.
The conversion from Pounds, Shillings and Pence to Decimal Currency occured on the 14th of February, 1966.
Australia converted to decimal currency on the 14th of February, 1966.
Decimal currency came in to Australia
Since the 14th of February, 1966, Australia has used a decimal system of currency. 100 cents = 1 Dollar
Australia's currency went decimal on 14th February, 1966. The decimal system is easier to use than others because it based on 10. The old Imperial monetary system was based on the old English system where there were 12 pennies in a shilling and 20 shillings in a pound or, 240 pennies in a pound. Australia's system of weights and measures went metric for the same reason in about 1973 or 1974.
The One Dollar note was not introduced into the Australian currency until the 14th of February 1966, at the introduction of decimal currency.