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Australia, being a British Colony during the "Gold Rush" period, used the British currency consisting of Pounds, Shillings and Pence (12 Pence to the Shilling and 20 Shillings to the Pound).

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Australia did not get its own currency until well after Federation. The first installment of the Australian currency was issued in 1910 and consisted of sterling silver coins, the Threepence, Sixpence, Shilling and Florin (Two Shillings). The second installment was issued in 1911 consisting of the bronze Penny and Halfpenny.

Australian banknotes were first issued in 1913 and 1914 and included the Ten Shilling, One Pound, Five Pound, Ten Pound, Twenty Pound, Fifty Pound, One Hundred Pound and One Thousand Pound.

The new Australian currency was based very heavily on the British currency but excluded many traditional British Coins such as the Farthing, Halfcrown and Crown, amongst others, and was in use until 1966.

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13y ago
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11y ago

Australia's currency is the Australian dollar, which came in when decimal currency was introduced in 1966. There are 100 cents to the dollar. Coin denominations are $1, $2, 50c, 20c, 10c and 5c, while note denominations are $5, $10, $20, $50 and $100.

Up-to-date information on the Australian dollar can be found at the related link below.

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14y ago

Since 1966, Australia uses the Australian Dollar (AUD) consisting of 100 cents.

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13y ago

They use the Australian Dollar (AUD)

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Q: What currency was used in the Australian gold rush?
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Related questions

What shelter was used in the Australian gold rush?

tents


How did people search for gold in the Australian gold rush in ballarat?

They panned, dug, shoveled or even used cradles.


What was gold used in the gold rush?

Prior to Australia introducing its own currency in 1910, the legal tender for the Australian Colonies was the British currency. The exact same coins as used in Britain. To ease the strain on a not always reliable supply of coins from Britain, many traders had their own low denomination tokens struck with the traders name and address on them. These were only for use by customers of that business and within that business. These tokens are often misrepresented as "Australian" coins or currency. They were never legal tender.


What did a women have to do during the Australian gold rush?

They used to stay home and look after their kids, or stay by themselves.


What was gold used for during the gold rush?

Yes the shovel was used during the Gold Rush.


Were Zebra's around in the Australian gold rush?

So there miss fry and kirily i was right and you were wrong. There were zebras in the gold fields. They used to ride them to town everyday.


What steam powered mining equipment was used in the 1800s Australian gold rush?

Stamper batteries were large steam-driven machines, which were used to crush the quartz in order to extract gold.


What money was used in the gold rush?

Prior to Australia introducing its own currency in 1910, the legal tender for the Australian Colonies was the British currency. The exact same coins as used in Britain. To ease the strain on a not always reliable supply of coins from Britain, many traders had their own low denomination tokens struck with the traders name and address on them. These were only for use by customers of that business and within that business. These tokens are often misrepresented as "Australian" coins or currency. They were never legal tender.


What did the gold rush use to get to the gold?

The California Gold Rush used...PansLong TomsCradlesshovels


What was the shovel used for during the gold rush?

Yes the shovel was used during the Gold Rush.


How was gold extracted in 1850 Australian gold rush?

Actually, the gold rush did not begin until 1851. Methods of extraction included panning, which was the most common method; cradling, which was introduced by Edward Hargarves after he saw the method used in California; puddling; and shaft mining.


Did Australia have euros?

No. The Australian dollar is the currency in Australia.