Which currency replaced the Australian pound in 1966?

The Australian dollar replaced the Australian pound in 1966.

Australia introduced the dollar on 14 February 1966 in a decimalisation changeover. The new currency was divided into 100 cents, replacing the pound, shilling, and pence system. Two Australian dollars were initially set equal to one Australian pound.

The Reserve Bank of Australia issues Australian banknotes, while the Royal Australian Mint produces circulating coins. Australia was an early adopter of polymer banknotes, beginning with a commemorative $10 note in 1988 and later replacing its full note series.

The Australian dollar is commonly abbreviated AUD and is one of the world’s major traded currencies. It is also used in some Australian external territories and is distinct from the currencies of New Zealand and Canada, which are also called dollars.