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Money in Australia |
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There have been in Australia different
type of currency which have been used since the arrival of
the European settlers.
Since 1966 the currency code of
Australia is AUD, the Australian Dollar.
The abbreviation
used for the Australia Dollars is $A, AU$, A$ or
$AU. The Australian Dollar has been first introduced
in February 1966 which replaced the Australian Pounds.
The first series of Australia Dollar issued
were divided in $100, $50, $20, $10, $5, $2 and $1
and had as portraits on the one hundred dollars note
on the front Douglas Mawson and on the back
John Tebbutt,
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on the front of the fifty dollars note was
found Howard Florey and on the back Ian Clunies Ross, the
twenty dollars note had on the front Charles Kingsford Smith
and on the back Lawrence Hargrave, the ten dollars not had
on front Francis Greenway and on back Henry Lawson,
on the
front of the five dollars note Joseph Banks and on the back
Caroline Chisholm, the two dollars note had on front John
Macarthur and on the back William Farrer and on the one
dollar note Queen Elizabeth II was on front and on back an
aboriginal art designed by David Malangi. |
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Australia was the first country in the
world to introduce polypropylene polymer notes, the first
was the $10 note issued in 1988 which was designed by Harry
Williamson. All Australian banknotes are nowadays made in
polymer. Note Printing Australia which is part of the
Reverse Bank of Australia is the company that produces the
Australian banknotes. Note Printing Australia is located in
Melbourne.
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The actual Australian Bank notes are as
follows: the five dollars note having on front the Queen
Elizabeth II and on back the Parliament House, the ten
dollars note with Banjo Paterson on front and on back Dame
Mary Gilmore, the twenty dollars note has in font Mary
Reibey and on back Reverent John Flynn,
David Unaipton is on
the front of the fifty dollars note and at the back Edith
Cowan and on the one hundred dollars note you find on front
Dame Nellie Melba and on back Sir John Monash. There is a
five dollars which have been issued in January 2001 with on
the front Henry Parkes and on the back Catherine Helen
Spence.
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The $10 banknote
was issued in 1993, on November 1, the design belongs to Max
Robinson. On the note’s top is the signature of GR Stevens
and on the bottom the signature of KR Henry. The note having
the 65x137 millimeters as size has the portrait of AB
‘Banjo’ Paterson (1864-1941) on front and the portrait of
Dame Mary Gilmore (1865-1962) on back. Issued in 1994, on
October 31, the $20 banknote has the same signatures as the
$5 and the $20 banknotes. The designer is Garry Emery and
the size is 65x144 millimeters. The portrait of Mary Reibey
(1777-1855) is on the note’s front while on the back is the
portrait of Reverend John Flynn (1880-1951). The RBA
(Reserve Bank of Australia) is responsible for the issue,
production and design of these banknotes. A group of
consultants as well as the public decide who should appear
on banknotes.
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The $5 banknote was
issued in 1967; it wasn’t issued sooner because it had no
fix exchange rate with pounds like the $20 and the $1
banknotes. The $5 banknote was introduced after the
familiarity of the public with the decimal currency.
‘Commonwealth of Australia’ is the title of the $5 notes
issued in the 1966-1972 period, and the notes issued
starting with 1973 have the ‘Australia’ title.
The current
$5 banknote was issued in 1992, on July 7 and the re-colored
version in 1995, on April 24. The designer of this note is
Bruce Stewart and the size of the note is 65x130
millimeters. On the banknote’s front is the portrait of her
majesty Queen Elizabeth II and on the back is a scene
representing the old and new Parliament House. The current
signatures on the $5 banknote are of GR Stevens on top and
of KR Henry on bottom.
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