Australian dollar (world currencies)

The Australian dollar is the currency of the Commonwealth of Australia, which consists directly of Australia, about. Christmas, Cocos Islands and about. Norfolk. In addition, the neighboring island independent states of the Pacific Ocean also use the dollar as a currency. This currency occupies one of the main places in the financial markets of the world.

For a long time, Australia was just a colony of the British Empire. Therefore, a separate currency did not function on its territory. At that time, there was a popular so-called “Spanish dollar” among the colonies. He walked on a par with the British pound. Other monetary units were also accepted for payment, for example, the Indian rupee, the Dutch ducat and others.

In 1813, local money began to be produced in parts of Australia (New South Wales). Making them involved knocking out a hole in the Spanish dollar. Only in 1825 the British pound received official status on the territory of the colony.

During the gold rush, many gold coins were issued in Australia. Mints were founded in many large cities: Sydney, Adelaide, Melbourne and Perth. But they functioned as branches of the English Royal Mint.

The country's own currency appeared in the country only in 1910. It was named as the"Australian pound". The Australian dollar consisted of 20 shillings, which in turn was divided into 12 pence. For a long time, the Australian government pursued a financial policy similar to that of Great Britain. Therefore, similar processes of weakening of the national currency due to devaluation took place here.

But after the war, the country is drawing closer to the United States. Since 1966, the currency has changed its name to"Australian dollar". At the same time, the currency acquires a decimal division.

An interesting fact is that Australia is the first country to issue plastic money. This is associated with the development of counterfeiting after the transition to the dollar system. The release of polymer money was timed to coincide with the 200th anniversary of Australia. Many countries have adopted the technology of printing wear-resistant polymer money.

Australia has the following types of banknotes.

The $ 5 bill has a purple color scheme. The upper part of the banknote depicts the English Queen Elizabeth II (Australia is a member of the British Commonwealth). The queen is surrounded by a branch and a eucalyptus flower. The reverse side shows the building of the Australian Parliament. Every Australian bill has a transparent window. The 5 dollar bill features a eucalyptus flower.

The resin 10 dollar bill is blue. The obverse depicts a composition that includes a portrait of Paterson, excerpts from his most famous poem, illustrations for the said poem (horse and windmill). The reverse is also dedicated to literature. Here you can see M. Gilmore's portrait, excerpts from her poem and images that illustrate her poems. The windmill serves as a transparent window.

The 20 Australian dollar banknote was made in honor of businessman M. Reibi. Therefore, the banknote depicts: a portrait of a philanthropist, her Sydney house, a schooner and a compass. In the transparent window there is a denomination figure and a compass.

The Australian $ 50 note has a yellowish tint. On the obverse of the banknote there is a portrait of D. Unaypon. He is an Australian Aboriginal who has established himself as a renowned journalist and writer as well as a Christian preacher. In addition, this side depicts a sheep shearing device (inventions of D. Unaypon) and a church. The other side is dedicated to the famous deputy E. Cowen, therefore, his portrait and the building of the Parliament of Western Australia are located here.

The $ 100 banknote, which is green, depicts actress N. Melby and the theater building (obverse) and General J. Monash, cavalry and artillery (reverse).

Some of the materials are taken from the site BestNetEntCasino.info.