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The pound was the currency of Australia until 1966. It was subdivided into 20 shilling, each of 12 pence. The history of currency in Australia could be said to begin in 1800, when Governor King issued a proclamation setting the value of a variety of foreign coins in New South Wales. However, because of the shortage of any sort of money, the real currency during the first twenty-five years of settlement was rum, leading to terms such as the "Rum Corps" and the "Rum Rebellion". Australia's... full article at wikipedia
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The original description for this topic was automatically generated from the Wikipedia article "Australian pound" licensed under the GNU Free Documentation License .
Created by Metaweb Oct 22, 2006
Last edited by midness Sep 29, 2008
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