When was decimal currency introduced in Australia?

Decimal currency was introduced in Australia on the 14th of February, 1966.

Dollars and cents became the Australian currency on the conversion from Pounds, Shillings and Pence.

The new currency was the Australian Dollar consisting of 100 cents.

New coins included the 1, 2, 5, 10, 20 and 50 cent coins.

New Banknotes included the 1, 2, 10 and 20 Dollar notes.

Many countries changed to a decimal system of currency during the 20th century since, as the name suggests, it is based on multiples of ten and is a much simpler and more streamlined system to work with and make mental calculations.