Timeline of Australian Money

  • In the first decade, bank Notes still circulate as a paper currency.

  • The first Australian currency note (10 shillings) is issued. Other denominations follow. The notes reflect the dependence of the Australian economy on rural and mining industries.

  • The 'Harrison series' of currency notes is issued

  • The 'Ash series' of notes is issued, named after John Ash

  • The 1953/54 series of currency notes is issued.

  • Australia converts from pounds, shillings and pence to decimal currency.

  • A $50 decimal currency note is issued.

  • The decision to replace the $1 note by a $1 coin is announced

  • The first Polymer' currency note - a $5 note - is issued.

  • A $10 polymer note is issued.