When did Australia have dollars and cents?

Answer 1

Because the decimal system is far easier and more sensible to work with. I came to Australia from Holland many moons ago. in Holland there was a decimal system so the first thing I had to do when I got here at 9 years old work out the money system. The system in Australia was Called pounds/shilling/pence. there were 12 Penney's in a shilling and there were 20 shillings in a pound. so you ended up with prices like 3/15/6 1/2 (3pounds/15 shilings/6pence and a half Penney. a system that starts on a base of 12 which then works up to a base of 20. it was ridiculous. addition and subtraction in these figures was cumbersome and fraught with the danger of making mistakes. Remember most people worked out money and change in their heads in those days. the decimal system is just so much simpler.

Answer 2

14th February 1966 dollars were introduced, the Australian pound is till legal tender, but notes and coins are worth far more as collectables than their face value.

Answer 3

Australia switched to decimal currency (dollars and cents) on 14 February 1966.

Answer 4

1966 14th of February

Answer 5

1966