Australia | |
Value | 0.01 AUD |
---|---|
Mass | 2.60 g |
Diameter | 17.65? mm |
Edge | Plain |
Composition | 97% copper 2.5% zinc 0.5% tin |
Years of minting | 1966–1991, 2006 and 2010–2016 |
Obverse | |
Design | Elizabeth II, Queen of Australia |
Designer | Raphael Maklouf |
Design date | 1985 |
Reverse | |
Design | Feathertail glider (Acrobates pygmaeus) |
Designer | Stuart Devlin |
Design date | 1966 |
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 It was introduced on 14 February 1966 in the decimalisation of Australian currency and was withdrawn from circulation in 1992 (along with the two-cent coin).[1][2] It is still minted as a non-circulating coin.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]