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About: Penny (Australian coin)     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:UnitOfMeasurement113583724, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: agentyago:WikicatCoinsOfAustraliayago:WikicatPenniesyago:Abstraction100002137yago:Coin113388245yago:Coinage113387877yago:Currency113385913yago:DefiniteQuantity113576101yago:FractionalMonetaryUnit113662703yago:Measure100033615yago:MediumOfExchange113372961yago:MonetaryUnit113604718yago:Penny113694367yago:Standard107260623yago:SystemOfMeasurement113577171yago:UnitOfMeasurement113583724 New Facet based on Instances of this Class

The Australian penny was a coin of the Australian pound, which followed the £sd system. It was used in the Commonwealth of Australia prior to decimalisation in 1966. One Australian penny was worth 1⁄12 Australian shilling, 1⁄24 Australian florin, 1⁄60 Australian crown, and 1⁄240 Australian pound. The coin was equivalent in its dimensions and value to the British pre-decimal penny, as the two currencies were fixed at par. The coin was introduced in 1911, while the last penny was minted in 1964. After decimalisation on 14 February 1966 the penny was equal to 0.8333 cents.