Timeline of Australian Money By cvo859 Period: Jan 1, 1901 to Dec 31, 2001 Timeline of Australian Money Jan 1, 1905 Bank notes continued to circulate as a paper currency Jan 1, 1910 Passed vesting authority to issue Australian notes in the Treasury Jan 1, 1923 The 'Harrison series' of currency notes is issued Jan 1, 1933 The 'Ash series' of notes is issued Jan 1, 1953 The 1953/54 series of currency notes is issued Jan 1, 1966 Australia converts from pounds, shillings and pence to decimal currency Jan 1, 1973 A $50 decimal currency note is issued Jan 1, 1984 The decision to replace the $1 note by a $1 coin is announced Jan 1, 1992 The first of a complete series of 'Polymer' currency notes Jan 1, 2001 A special Federation $5 polymer note is issued