Skip to content
Mogged
Treasury & financeAgency

Decimal Currency Board

1963 – 1969

Board that planned and managed Australia's changeover from pounds, shillings and pence to decimal currency, introduced on 14 February 1966.

How it came into existence

Established in 1963 under the Currency Act 1963, which provided for the introduction of decimal currency following the report of the Decimal Currency Committee.

Legislation: Currency Act 1963

Changes during its life

  1. 14 February 1966Decimal currency was introduced across Australia on Changeover Day.

How it ended

Wound up in 1969 after the changeover was complete; remaining currency matters stayed with the Treasury and the Reserve Bank of Australia.

Main functions

  • Planning the conversion to decimal currency
  • Public education about the new currency
  • Arranging conversion of cash registers and accounting machines
  • Coordinating the issue of decimal notes and coins

Where it sits

Last in the portfolio of Department of the Treasury.

Lineage

Loading lineage…

Sources

Some dates or links for this organisation are not fully confirmed. Corrections are welcome.