The Dollar
The Australian dollar replaced the Australian pound on 14 February 1966 as part of its decimalisation process. At the time of introduction, 1, 2, 5, 10, 20, and 50 cent coins were issued. $1 and $2 coins followed in 1984 and 1988 respectively. The one- and two-cent coins were discontinued in 1991 and withdrawn from circulation.
Read more about this topic: Coins Of Australia
Famous quotes containing the word dollar:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Not one of our national officers ever has had a dollar of salary. I retire on full pay!”
—Susan B. Anthony (1820–1906)