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1 Dollar - Elizabeth II 4th Portrait - 50th Anniversary of Decimal Currency
| Issuer | Royal Australian Mint |
|---|---|
| Year | 2016 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ELIZABETH II AUSTRALIA 2016 FIFTY YEARS AUSTRALIA (Within the Florin) |
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| Reverse lettering | 1 DOLLAR |
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| Additional information |
Australia's decimal changeover on 14 February 1966 was one of the most ambitious public education campaigns the country had undertaken, involving years of preparation, a dedicated Decimal Currency Board, and a jingle — "In come the dollars and in come the cents" — broadcast so relentlessly that Australians of a certain age still recall it unprompted. The dollar replaced the Australian pound at a rate of two dollars to one pound, deliberately avoiding a one-to-one conversion to sidestep the political optics of devaluation.
The Royal Australian Mint opened that same year, its Canberra facility purpose-built to handle decimal production — making 2016 a dual anniversary.