Australian one-cent coin

One cent
Australia
Value0.01 AUD
Mass2.60 g
Diameter17.65? mm
EdgePlain
Composition97% copper
2.5% zinc
0.5% tin
Years of minting1966–1991, 2006 and 2010-2016
Obverse
DesignElizabeth II,
Queen of Australia
DesignerRaphael Maklouf
Design date1985
Reverse
DesignFeathertail glider (Acrobates pygmaeus)
DesignerStuart Devlin
Design date1966

The cent (in circulation 1966–1992), formally the one-cent coin, was the lowest-denomination coin of the Australian dollar. It was introduced on 14 February 1966 in the decimalisation of Australian currency and was withdrawn from circulation in 1992 (along with the two-cent coin).[1][2] It is still minted as a non-circulating coin. A one-cent coin in 1966 would have a purchasing power equal to about 16c in 2023 values.[3]

One-cent and two-cent coins are legal tender only up to the sum of 20 cents (preventing large debts from being paid in small coins).[4]

  1. ^ "RBA Banknotes: Legal Tender". Banknotes.rba.gov.au. Archived from the original on 26 November 2012. Retrieved 17 August 2013.
  2. ^ "Frequently asked questions". Ramint.gov.au. Retrieved 13 December 2018.
  3. ^ contact=Media Office, Information Department (30 October 2015). "Inflation Calculator". Reserve Bank of Australia. Retrieved 3 April 2024.
  4. ^ "RBA Banknotes: Legal Tender". banknotes.rba.gov.au. Retrieved 24 July 2018.

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