Aussie Pounds to Decimal ?

Discussion in 'Currencies' started by FNQsilver, May 22, 2015.

  1. FNQsilver

    FNQsilver Member

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    Does anyone have or can point me in the right direction to find a conversion rate / chart of when we went to decimal in 66

    IE: what was a sixpence ECT worth in decimal ?

    Tried google but the single malt is kicking in.
     
    FNQsilver, May 22, 2015
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  2. Kam

    Kam Active Member Silver Stacker

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    1 pound to $2
    1 pound was worth 20 shillings
     
    Kam, May 22, 2015
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  3. FNQsilver

    FNQsilver Member

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    Cheers Kam, know about the pound to dollar, was after something a bit more specific.

    I understand it was not a one to one conversion with all denominations, but trying to get my head around the approximate conversions of all of the pre decimal coins to decimal value.

    :)
     
    FNQsilver, May 22, 2015
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  4. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Penny converted to 1c
    Sixpence converted to 5 cents
    Shilling - 10c
    Florin - 20c
    1 pound - $2
     
    Aurora et luna, May 22, 2015
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  5. FNQsilver

    FNQsilver Member

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    Uh got it now, a penny was 1 cent but when it got to 5 cents you needed 6 pennies to make 5 cents.

    Guess you lost out in 66 in you were stacking pennies !
     
    FNQsilver, May 22, 2015
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  6. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Not really, we only purchased two pennies worth of lollies at a time.
     
    Aurora et luna, May 22, 2015
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  7. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Why would anyone bring in larger denominations? Surely you would want it all in pennies? You'd make 15% on every six pence you had brokenn into 6 pennies.
     
    phrenzy, May 22, 2015
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  8. Acorn

    Acorn Well-Known Member

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    FNQ,

    Try searching 'Decimal Currency 14 February 1966 TV Advertisements' on YouTube.

    You'll find a heap of advertisements that were shown to help us convert to decimal currency over the 2 year transition period.

    For those of us old enough to remember them, they really bring back memories. For the youngsters amongst us, they make for fun watching.

    Regards

    Acorn
     
    Acorn, May 22, 2015
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  9. Dogmatix

    Dogmatix Active Member

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    ^^^

    [youtube]http://www.youtube.com/watch?v=Y6JawKH2yaQ[/youtube]
     
    Dogmatix, May 24, 2015
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