New Guinean Pound

New Guinean Pound

The pound was the currency of the Australian territory of New Guinea between 1915 and 1966. It replaced the mark when Australia occupied the former German colony. It was equal to the Australian pound and Australian currency circulated, alongside coins issued specifically for New Guinea between 1935 and 1945. The pound was subdivided into 20 shillings, each of 12 pence.

Between 1942 and 1945, the Oceania pound circulated, issued by the Japanese occupiers. Australian coins and banknotes resumed circulation after the war and continued until 1975, when the kina replaced the Australian dollar at par.

Read more about New Guinean Pound:  Coins

Famous quotes containing the word pound:

    Religion, oh, just another of those numerous failures resulting from an attempt to popularize art.
    —Ezra Pound (1885–1972)