Banknotes of the Australian dollar

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The banknotes of the Australian dollar, were first issued on the 14 February 1966.

Contents

[edit] Former series (paper)

The $5 note was not issued until 1967. The $1 (10/-,) $2 (£1,) $10 (£5,) and $20 (£10) had exact exchange rates with pounds, but the $5 (£2/10) did not, and so was introduced after the public had become familiar with decimal currency. Notes issued between 1966 and 1972 bore the title "Commonwealth of Australia". Starting from 1973, the title on the new notes only read "Australia". The $50 note was introduced in 1973 and the $100 note in 1984, in response to inflation requiring larger denominations for transactions. The one dollar note was replaced by a large coin in 1984, while the two dollar note was replaced by a small coin in 1988.

Paper Series [1]
Image Value Dimensions Main Colour Description Date of issue
Obverse Reverse Obverse Reverse
$1 140 × 70 mm Brown and orange Elizabeth II David Malangi 1966
$2 152 × 76 mm Green and yellow John Macarthur William Farrer 1966
$5 Mauve Joseph Banks Caroline Chisholm 1967
$10 155 × 76 mm Blue and orange Francis Greenway Henry Lawson 1966
$20 160 × 81 mm Red and yellow Charles Kingsford Smith Lawrence Hargrave 1966
$50 165 × 82 mm Gold, blue, brown and green Howard Florey Ian Clunies Ross 1973
$100 172 × 82.5 mm Light blue and grey Douglas Mawson John Tebbutt 1984
These images are to scale at 0.7 pixels per millimetre, a Wikipedia standard for world banknotes. For table standards, see the banknote specification table.

[edit] Current series (polymer)

In 1988, the Reserve Bank of Australia issued plastic, specifically polypropylene polymer banknotes (which were produced by Note Printing Australia), to commemorate the bicentenary of European settlement in Australia. These notes contained a transparent "window" with an optically variable image of Captain James Cook as a security feature. Australian banknotes were the first in the world to use such features.

There were initial difficulties with the banknote first banknote issued, the $10 note (pictured), was recalled because of problems with the holographic security feature detaching from the note. However, the Reserve Bank saw potential in the issue of plastic banknotes and commenced preparations for an entirely new series made from polymer, commencing with the $5 note in 1992. In 1995, the design of the $5 note was updated to match the rest of the New Note Series, with additional slight changes in 1996. In 2001, a special commemorative $5 note was produced, but in 2002, the previous version's production commenced again.

In 2002, the design of all notes (except for the $5 note picturing the Queen) were slightly changed to include the names of the people pictured on them under the portraits, and swapping the order of the signatures of officials on the notes.

Today all Australian notes are made of polymer.

Second series (1991- ) [1]
Image Value Dimensions Main Colour Description Date of
Obverse Reverse Obverse Reverse Transparent Window printing issue
Original $51 130 mm × 65 mm Pale mauve[2] Queen Elizabeth II Parliament House and old Parliament House Gum flower 1992 7 July 1992
Recoloured $5 Violet/pink Currently printing 24 April 1995
Federation $52 Henry Parkes Catherine Helen Spence Leaf shaped window and "5" 2001 1 January 2001
$103 137 mm × 65 mm Blue Banjo Paterson Dame Mary Gilmore Windmill Currently printing 1 November 1993
$20 144 mm × 65 mm Red Mary Reibey Reverend John Flynn Compass and "20" Currently printing 31 October 1994
$50 151 mm × 65 mm Yellow David Unaipon Edith Cowan Southern Cross and "50" Currently printing 4 October 1995
$100 158 mm × 65 mm Green Dame Nellie Melba Sir John Monash Lyrebird and "100" Currently printing 15 May 1996
These images are to scale at 0.7 pixels per millimetre, a Wikipedia standard for world banknotes. For table standards, see the banknote specification table.
Remarks
  1. The colour faded with wear and tear
  2. Commemorating the Centenary of Federation. It also features the text of the speach Henry Parkes gave to parliment in favor of federation in microprint, on the side featuring his face.
  3. This note features all the text from Banjo Paterson's most famous poem "The Man From Snowy River" in microprint on the front, and the text of Mary Gilmore's patriotic poem No Foe Shall Gather Our Harvest on the reverse.

[edit] Proposed Japanese occupation currency notes

During World War II Japan had prepared to invade many countries including Australia. Because of this Australia had the "honour" of having its own currency created for her by the Japanese Government. It should be noted that this is not the only currency outside of their own that they decided to use. For these examples see Japanese military yen.

However due to the fact that Japan never succeeded in their goal of invasion the currency was never used in Australia. It was however used in the captured Australian colonies of Papua New Guinea.

The notes may be viewed at the Reserve Bank Of Australia website.[3]

[edit] References

  1. ^ Renniks Australian Coin and Banknote Values
  2. ^ (2000) in Ian W. Pitt: Renniks Australian Coin and Banknote Values, 19th ed., Chippendale, N.S.W.: Renniks Publications, 168. ISBN 0-9585574-4-6. 
  3. ^ The Commonwealth Bank and the note issue: 1920–1960

[edit] External links

  1. Australian Decimal Banknotes
  2. The Money Tracker site allows users to track Australian banknotes as they circulate around Australia.
  3. The Reserve Bank of Australia have a full timeline of Australian Banknotes.
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