Australian Banknotes Book Australian $1 notes were issued from 1966 up until they were replaced by the one dollar coin struck by the Royal Australian Mint in 1984. They defintely are not the highest denomination note in Australia, they are among the most popular old Australian notes to collect.
Why is Australia on a one dollar note?
This proved a major cost saving for the Government. The one dollar note is a dark brown coloured note with Aboriginal bark paintings on one side and Queen Elizabeth II and the Australian Coat of Arms on the other. It reads “COMMONWEALTH OF AUSTRALIA” on earlier issues (1966-1974). In 1974 this was replaced by “AUSTRALIA” on both sides of the note.
Are dollar bills the highest denomination in Australia?
They defintely are not the highest denomination note in Australia, they are among the most popular old Australian notes to collect. You'll never get a new dollar bill in your change today, but you might find one in a family member's collection.
