Australian Two-dollar Note
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Australian Two-dollar Note
The Australian two-dollar note was introduced in 1966 due to decimalisation, to replace the £1 note which had similar green colouration. The note was issued from its introduction in 1966 until its replacement by the two-dollar coin in 1988. Security features The paper design included a watermark of Captain James Cook in the white field which was also used in the last issue of pound banknotes. There eas a metallic strip, first near the centre of the note, then from 1976 moved to the left side on the obverse of the note. Replacement by the coin The two dollar note was replaced by a gold-coloured coin in 1988, due to the longer service life and cost effectiveness of coins. These notes can still be redeemed at face value by the Reserve Bank of Australia The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the C ...
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Australian Dollars
The Australian dollar (sign: $; code: AUD) is the currency of Australia, including its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island. It is officially used as currency by three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. It is legal tender in Australia.''Reserve Bank Act 1959'', s.36(1)
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''Currency Act 1965'', s.16
Within Australia, it is almost always abbreviated with the ($), with A$ or AU$ sometimes used to distinguish it from other

Australian Two-dollar Coin
The Australian two-dollar coin is the highest-denomination coin of the Australian dollar. It was first issued on 20 June 1988, having been in planning since the mid-1970s. It replaced the Australian two-dollar note due to having a longer circulatory life. The only "mint set only" year was 1991. $2 coins are legal tender for amounts not exceeding 10 times the face value of the coin for any payment of a debt. Design In accordance with all other Australian coins, the obverse features the portrait of the reigning monarch, who during the lifetime of the coin has only been Queen Elizabeth II. From 1988 to 1998 the portrait of her was by Raphael Maklouf before being replaced in the following year by one sculpted by Ian Rank-Broadley. Since 2019, the effigy of Elizabeth II by artist Jody Clark has been released into circulation. Designed by Horst Hahne, the reverse depicts an Aboriginal Elder, a Walpiri-Anmatyerre man of the Northern Territory of Australia, inspired by an Ainslie Rob ...
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Banknotes Of Australia
The notes of the Australian dollar were first issued by the Reserve Bank of Australia on 14 February 1966, when Australia changed to decimal currency and replaced the Australian pound, pound with the Australian dollar, dollar. This currency was a lot easier for calculating compared to the previous Australian pound worth 20 shillings or 240 pence. First series (paper) The $1 (10/-), $2 (£1), $10 (£5), and $20 (£10) had exact exchange rates with pounds and were a similar colour to the notes they replaced, but the $5 (£2/10) did not, and was not introduced until May 1967 when the public had become more familiar with decimal currency. The original notes were designed by Gordon Andrews, who rejected traditional Australian clichés in favour of interesting and familiar subjects such as Aboriginal culture, women, the environment, architecture and aeronautics. Notes issued between 1966 and 1973 bore the title "Commonwealth of Australia". Starting from 1974, the title on the new no ...
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Two Dollar Coin (Australian)
The Australian two-dollar coin is the highest-denomination coin of the Australian dollar. It was first issued on 20 June 1988, having been in planning since the mid-1970s. It replaced the Australian two-dollar note due to having a longer circulatory life. The only "mint set only" year was 1991. $2 coins are legal tender for amounts not exceeding 10 times the face value of the coin for any payment of a debt. Design In accordance with all other Australian coins, the obverse features the portrait of the reigning monarch, who during the lifetime of the coin has only been Queen Elizabeth II. From 1988 to 1998 the portrait of her was by Raphael Maklouf before being replaced in the following year by one sculpted by Ian Rank-Broadley. Since 2019, the effigy of Elizabeth II by artist Jody Clark has been released into circulation. Designed by Horst Hahne, the reverse depicts an Aboriginal Elder, a Walpiri-Anmatyerre man of the Northern Territory of Australia, inspired by an Ainslie Rob ...
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One Pound Note (Australian)
The Australian one-pound note was the most prevalent banknote in circulation with the pound series, with the last series of 1953–66 having 1,066 million banknotes printed. The first banknotes issued were superscribed notes purchased from 15 banks across Australia and printed with ''Australian Note'' and were payable in gold. Upon decimalisation in 1966, it was worth two dollars. Historic £1 note In May 2015, the National Library of Australia announced that it had discovered the first £1 banknote printed by the Commonwealth of Australia, among a collection of specimen banknotes. This uncirculated Australian Pound (£1) note, with the serial number (red-ink) P000001, was the first piece of currency to carry the Coat of Arms of Australia, and carries the imprinted signatures of George Allen (Secretary of the Treasury; 1 January 1901 – 13 March 1916) and James Collins (Assistant Secretary, later Secretary; 14 March 1916 – 26 June 1926). Soon after its production in 1913, it w ...
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Chippendale, New South Wales
Chippendale is a small inner-city suburb of Sydney, New South Wales, Australia on the southern edge of the Sydney central business district, in the local government area of the City of Sydney. Chippendale is located between Broadway to the north and Cleveland Street to the south, Sydney Central railway station to the east and the University of Sydney to the west. History The area was first occupied by the Gadigal people of the Dharug Nation. William Chippendale was granted a estate in 1819. It stretched to the present day site of Redfern railway station. Chippendale sold the estate to Solomon Levey, emancipist and merchant, in 1821, for 380 pounds. Solomon Levey died while in London, in 1833. Levey's heirs sold over to William Hutchinson. Chippendale has a number of heritage-listed sites, including the Regent Street railway station or 'Mortuary Station', located on the eastern side of the suburb. The John Storey Memorial Dispensary was built in 1926 as a memorial to John ...
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Reserve Bank Of Australia
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. The bank's main policy role is to control inflation levels within a target range of 2-3%, by controlling the unemployment rate according to the NAIRU, via controlling the official cash rate. The NAIRU was implemented in most Western nations after 1975, and has been maintained at a target of 5-6% unemployment. The average unemployment rate in Australia between the end of the second world war and the implementation of the NAIRU was consistently between 1-2%. Since the implementation of the NAIRU, the average unemployment rate in Australia has been close to 6%. The RBA also provides services to the Government of Australia and services to other central banks and official institutions. The RBA currently comprises the Payments System Board, which ...
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James Cook
James Cook (7 November 1728 Old Style date: 27 October – 14 February 1779) was a British explorer, navigator, cartographer, and captain in the British Royal Navy, famous for his three voyages between 1768 and 1779 in the Pacific Ocean and to New Zealand and Australia in particular. He made detailed maps of Newfoundland prior to making three voyages to the Pacific, during which he achieved the first recorded European contact with the eastern coastline of Australia and the Hawaiian Islands, and the first recorded circumnavigation of New Zealand. Cook joined the British merchant navy as a teenager and joined the Royal Navy in 1755. He saw action in the Seven Years' War and subsequently surveyed and mapped much of the entrance to the St. Lawrence River during the siege of Quebec, which brought him to the attention of the Admiralty and the Royal Society. This acclaim came at a crucial moment for the direction of British overseas exploration, and it led to his commission in ...
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Watermark
A watermark is an identifying image or pattern in paper that appears as various shades of lightness/darkness when viewed by transmitted light (or when viewed by reflected light, atop a dark background), caused by thickness or density variations in the paper. Watermarks have been used on postage stamps, currency, and other government documents to discourage counterfeiting. There are two main ways of producing watermarks in paper; the ''dandy roll process'', and the more complex ''cylinder mould process''. Watermarks vary greatly in their visibility; while some are obvious on casual inspection, others require some study to pick out. Various aids have been developed, such as ''watermark fluid'' that wets the paper without damaging it. A watermark is very useful in the examination of paper because it can be used for dating documents and artworks, identifying sizes, mill trademarks and locations, and determining the quality of a sheet of paper. The word is also used for digital ...
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Australian One-pound Note
The Australian one-pound note was the most prevalent banknote in circulation with the pound series, with the last series of 1953–66 having 1,066 million banknotes printed. The first banknotes issued were superscribed notes purchased from 15 banks across Australia and printed with ''Australian Note'' and were payable in gold. Upon decimalisation in 1966, it was worth two dollars. Historic £1 note In May 2015, the National Library of Australia announced that it had discovered the first £1 banknote printed by the Commonwealth of Australia, among a collection of specimen banknotes. This uncirculated Australian Pound (£1) note, with the serial number (red-ink) P000001, was the first piece of currency to carry the Coat of Arms of Australia, and carries the imprinted signatures of George Allen (Secretary of the Treasury; 1 January 1901 – 13 March 1916) and James Collins (Assistant Secretary, later Secretary; 14 March 1916 – 26 June 1926). Soon after its production in 1913, it w ...
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Security Thread
A security thread is a security feature of many banknotes to protect against counterfeiting, consisting of a thin ribbon that is threaded through the note's paper. Usually, the ribbon runs vertically, and is "woven" into the paper, so that it at some places emerges on the front side and at the remaining places at the rear side of the paper. Usually, it is made of metal foil, but sometimes of plastic. Often, it has some text or numbers (e.g., the denomination) engraved. Threads are embedded within the paper fiber and can be completely invisible or have a star burst effect, where the thread appears to weave in and out of the paper when viewed from one side. However, when held up to the light, the thread will always appear as a solid line. Features can be built into the thread material e.g., microprinting on a transparent plastic thread or adding materials so they fluoresce under ultraviolet light. The thread is a difficult feature to counterfeit but some counterfeiters have been ...
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Decimalisation
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in the ru ...
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