Australia marks 60 years since switching to decimal currency

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Finance Monetary Policy

Reported Facts

Observable data points shared across all narratives

•Australia switched to decimal currency on February 14, 1966.
•The currency change involved moving from the Australian pound to the Australian dollar.
•The 60th anniversary of this switch was marked on February 13, 2026.

What Could Happen If...

▸If Australia undertakes further currency reforms the financial sector and consumers may experience changes in transaction processes and currency handling.

Key Actors

Countries

🌍Australia

Instruments

📈Australian Dollar 📈Australian pound

Source Coverage

WEST

1 articles

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Signals

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Primary Sources (1)

WESTABC News (AU) - Just InAustralia marks 60 years since switching to decimal currency

Australia commemorated the 60th anniversary of its transition to decimal currency on February 13, 2026. The country switched from the Australian pound to the Australian dollar on February 14, 1966, a significant monetary reform that simplified financial transactions and aligned Australia with international currency standards. This milestone highlights the long-term stability and evolution of Australia's monetary system. The event serves as a reminder of the economic and cultural impacts of decimalisation on Australian society.