Australia — Historical Events Description

Australia flag
Australia
Event
Launch of Australia’s Decimal Currency
Category
Economic
Date
1966-02-12
Country
Australia
Description

On 12 February 1966, Australia officially adopted decimal currency. Pounds, shillings, and pence were replaced. Dollars and cents simplified calculations. Extensive public education ensured smooth transition. Businesses updated pricing systems. The change was widely successful. Decimal currency remains in use today.