On the Consumer Price Index (CPI) published by the Australian Bureau of Statistics (ABS).
Currency compare 1960 series#
From the September quarter 1948 onwards, the series used is based Year Book of the Commonwealth of Australia, cat no 1301.0.ĭata have been compiled from various sources to produce a single long-running series that is representative ofĬhanges in consumer prices in Australia over time. Of pence to cents please refer to the Australian Bureau of Statistics 1965, 'Special Article - Decimal Currency', Also, one guinea was equivalent to 21 shillings. One pound was equal to 20 shillings, one shilling was equal to 12 pence, and so one Prior to decimalisation, currency was in the form of The Australian currency was decimalised on 14 February 1966. Respect to the Inflation Calculator's use. Or completeness of the resulting calculations and recommends that users exercise their own care and judgment with While every effort has been made by the Bank to ensure that the data andįormulae used to generate the results are accurate, the Bank accepts no liability or responsibility for the accuracy The results produced by the Inflation Calculator are intended as guides only and should not be regarded as Quarter 1966 and in pounds (£) for preceding periods.įor periods before 1966, use our pre-decimal inflation calculator. Values are denominated in dollars for periods from March
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