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Australia, to the best of my knowledge, doesn't even have a denomination smaller than the nickel.
by stavrianos 16y ago
Australia, to the best of my knowledge, doesn't even have a denomination smaller than the nickel.
- davidcuddeback 16y agoI just got back from a trip to Australia and New Zealand, and this is one of the things that I noticed while I was over there. Neither of those countries seemed to have pennies. If they did, I didn't encounter them while I was there. The lowest denomination I saw in Australia was a 5-cent coin, and the lowest I saw in New Zealand was a 10-cent coin. I remarked while I was over there at how much sense this made to me and wished that the same would happen in the United States, because I feel like pennies are worthless. I'm glad to see someone experimenting with it in the US.
- toolate 16y agoWe got rid of our one and two cent coins in Australia in 1992. Likewise, you're correct about New Zealand not having 1, 2 or 5 cent coins.
- follower 16y agoIn New Zealand the smallest coin is a ten cent coin: http://en.wikipedia.org/wiki/Coins_of_the_New_Zealand_dollar#Current_coinage