What is the value of a 1966 australian $10 note?
It would be worth $ 9.72 in America. You might be able to sell it to a collector for a little more Or you could just hold on to it and wait for it to become really rare
Australia currency?
The Australian dollar is worth about 84cents US but it changes all the time. Australian notes are plastic and come in several colours. $100 - green -gold largest size $50 - mostly yellow $20 - mostly red $10 - blue $5 - purple Coins $2 - smallish, thick, golden -bronze $1 larger but thinner, golden bronze 50c large multisided, silvery 20c round, silvery 10c round, thinner, silvery 5c round, smallish, silvery There are no smaller coins in circulation We use Mastercard, Visa, Diners, Club, American Express and some other cards in about that order of popularity. http://www.ramint.gov.au/ http://www.ramint.gov.au/making_coins/default.cfm?DefaultPage=coin_designs.cfm
What curency does australia use?
Australian Dollar It is quite close in value to the American Dollar We have notes in $5 (pink), $10(blue), $20(red), $50(yellow), $100(green) Coins in 5c. 10c, 20c, 50c(silver), $1, $2(gold) The notes are polymer plastic and cannot be ripped. Each has a clear window in the corner to prevent counterfit notes. Euro's are used in Europe. hence Euro!!!! Sorry but that is pretty dumb if you think that. Australia is on the opposite side of the world to Europe
Why doesn't Australia use notes instead of coins?
The decision of whether to produce a particular denomination as a banknote or a coin is the result of a trade-off between the cost of production and the longevity of the product. Banknotes are cheap to produce, but they don't last long, coins are more expensive, but they can last a long time.For example, let's say Australia is considering whether to produce a $1 note or a $1 coin. The note will cost $0.05 to produce and will last 2 years. The coin will cost $0.25 to produce and will last 20 years. Because the note will need to be replaced every 2 years, over a 20 year period, the note will end up costing $0.50. As the coin wouldn't need to be replaced in 20 years, its cost stays at $0.25. As such, it's cheaper to produce $1 coins.Generally, lower denominations are heavily used and circulated, which is very hard on banknotes, so they have a short lifespan and need to be replaced often. Coins are far more durable, so they are better suited for heavy circulation and used for low denominations. As the denomination values go up, their regular usage declines, reducing wear and tear and increasing the lifespan of banknotes. As such, banknotes are preferred for higher denominations. For example, in the US, $1, $5, and $10 bills typically stay in circulation for 5 to 6 years before needing to be replaced, but $100 bills typically last for 15 years (How long is the lifespan of U.S. paper money?).
What does australia call there currency?
As everyone has said we use dollars, but unlike America, we use cents. Denominations are: Notes: $5, $10, $20, $50, $100 Gold Coins: $1, $2 Silver coins: 5c, 10c, 20c,50c We used to have copper cents as well for 1c and 2c but that was phased out in the late 80s/early 90s. You might also be interested in that our notes are made of polymer not paper, and they are in different colours. Here are some pics. Notes: http://www.rba.gov.au/currencynotes/note... click each note to see the reverse side print and yes there are 2 different $5 notes Coins: http://www.aussie-info.com/tourist/coins... Here has some more pictures of the different designs http://www.ramint.gov.au/designs/ Prior to the 14th of February 1966 Australia used pounds and pence like the British.
What is australian money called?
The Australian Dollar (AUD) For your info, they consist of: Coins - 5 cents, 10 cents, 20 cents, 50 cents <-- These are silver coins... 1 dollar and 2 dollars <-- These are gold coins Notes - $5, $10, $20, $50, $100
What is Australian money called? What is a list of all of their forms of currency?
Australia uses the Australian Dollar, divided into cents.Australia used to use the Australian pound, but switched to a metric currency system in the 1960s for ease of use.The Australian Dollar fluctuates depending on global growth, but usually sits at around 0.75–0.8 US Dollars. During the Global Financial crisis it went above 1.00 USD primarily becasue the Australian economy is less suspect to large fluctuations than other developed nations.Australia uses denominations of:Coins 5c, 10c, 20c, 50c, $1, $2,Notes $5, $10, $20, $50, $100Stores are required to round to the nearest 5c if the customer pays in physical cash, no rounding is required for electronic payments.It is one of the 6 most valuable currencies in the world (yes, this is somewhat unbelievable, even to Australians). This is primarily due to the large number of investments Australians have in the form of Superannuation, which is a multi trillion dollar industry in Australia. becasue of most of the currency being in investment as well as a low population of about 26 million Australians and several million Pacific Islanders (who often use it as well) then despite its high value it is not a highly traded currency.Australian dollar - Wikipedia
Is Australian currency decimal like the U.S. (10 pennies= a dime. 10 dimes = a dollar) or is it more complicated like the British pound?
Aah, Americans the land of pecks, and bushels, and measuring things in 3/16ths and 7/64ths. Where it is too hard to just say 10 cent rather than dime, Where they have notes that are all the same colour and size.As mentioned elsewhere, the British currency has been decimal for about half a century, but yes, prior to that, you had20 shillings in £1 - a shilling was often called 'bob', so 'ten bob' was 10/-12 pennies in 1 shilling240 pennies in £1Pennies were broken down into other coins:a farthing (a fourth-thing) was ¼ of a pennya halfpenny (pronounced 'hay-p'ny') was ½ of a pennythree farthings was ¾ of a penny (i.e. three fourth-things). There was no coin of this denomination, howeverOther coins of a value less than 1/- werea half-groat (2d)6 x 2d = 1/-a threepenny bit (3d) made of silver; later, these were replaced by chunky twelve-sided bronze coins4 x 3d. = 1/-a groat (4d)3 x 4d = 1/-sixpence (silver) - often called a 'tanner'2 x 6d = 1/-Coins of more than 1/- but less than £1 in value werea two shilling piece (called a florin)10 x 2/- = £1a half-crown ( 2/6d)8 x 2/6d = £1a crown (5/-)4 x 5/- = £1ten shillings (a half-sovereign)2 x 10/- = £1a half-guinea (10/6d)2 x 10/6d = £1/1/-A £1 coin was called a Sovereign and was made of gold. A paper pound often was called a 'quid'.Coins of more than £1 werea guinea (£1/1/-)a £5 coinBut that is simple compared to American ways…