Ibaglian dollar

A ten pound note

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decimalisation in Australia and New Zealand was a convenient trigger for the abolition of what it considered to be an outdated monetary system.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
	10 pence	23.6 mm	2.0 mm	5.7 g	Cupronickel 75% copper 25% nickel	Milled	Queen Elizabeth II	Shield of the Coat of Arms	1966
	20 pence	28.5 mm	2.50 mm	11.3 g				Southern Cross
	50 pence	31.6 mm	2.30 mm	13.6 g				Palm fronds