Australian Currency

Australia transitioned to the metric system primarily between 1970 and 1988, with the main phase-in period occurring from 1971 to 1976.
However in February 1966, we changed our currency from pounds shillings and pence (£.s.d) to dollars and cents. 

A big publicity plan was instigated

That was sixty years ago!

Time flies.

£A1 became $A2.
That meant who whole lot of new notes and coins.

Below are the latest.

A two-year period was established, during which both decimal currency and the old currency were legal tender.

Despite the planned two-year transition, the new currency was adopted rapidly, with roughly 85% of the old money removed from circulation within a few months.

Eventually the dollar and two dollar notes were replaced by coins in 1984 and 1988 respectively.The one and two cent coins were done away with in 1992.

Australia was the first country to introduce polymer (BOPP plastic) banknotes,

The first note was released in 1988 and a full transition completed by 1996. 

Developed with the CSIRO, the national Australian research agency, these notes are durable, recyclable, and secure, featuring clear windows and advanced counterfeiting protections. 

They last significantly longer than paper money, making them cost-effective.

Over 45 countries now use polymer for some or all of their currency, including Canada, the UK, Singapore, New Zealand, Romania, Philippines, and Vietnam, due to the increased security and durability.