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 It was introduced on 14 February 1966 in the decimalisation of Australian currency and was withdrawn from circulation in 1992 (along with the two-cent coin).[1][2] It is still minted as a non-circulating coin.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.