Ibaglian dollar: Difference between revisions
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| Line 23: | Line 23: | ||
|28.5 mm | |28.5 mm | ||
|2.50 mm | |2.50 mm | ||
|11.3 g | |||
|Cupronickel<br>75% copper<br>25% nickel | |Cupronickel<br>75% copper<br>25% nickel | ||
|Milled | |Milled | ||
Revision as of 07:50, 21 August 2010
The pound is the currency of Ibagli. It was introduced on 14 February 1966 as a decimal currency to replace the Australian pound, which was also demonetized in Australia on that day, with the value of the Ibaglian Pound set at the value of one-half that of the Australian pound, which was also the value of the new Australian dollar. It was originally planned to be issued at a 1:1 ratio with the old Australian pound, and to also be based on the £sd system, but the Kenilworth government decided that decimalisation in Australia and New Zealand was a convenient trigger for the abolition of what it considered to be an outdated monetary system.
Coins
| Image | Value | Technical parameters | Description | Date of first minting | |||||
|---|---|---|---|---|---|---|---|---|---|
| Diameter | Thickness | Weight | Composition | Edge | Obverse | Reverse | |||
 
|
20 pence | 28.5 mm | 2.50 mm | 11.3 g | Cupronickel 75% copper 25% nickel |
Milled | Queen Elizabeth II | Southern Cross | 1966 |