Non-decimal currency in the 19th century envisaged a system of 1 Pound = 10 florins = 100 dimes = 1000 cents. However the only step taken at that time was the introduction in 1849 of a florin (two shillings) coin (the earliest examples bore the inscription "One Tenth of a Pound"). A partial listing of former non-decimal currencies (giving only units of account): In the Eurozone, in the interval between fixing the conversion factors between national currencies and the euro and the introduction of euro coins, the national currencies were non-decimal subdivisions of the euro. Non-decimal currency A non-decimal currency is a
Australian five-cent coin Australian five-cent coin The Australian five-cent coin is the lowest-denomination circulating coin of the decimal Australian dollar introduced in 14 February 1966, replacing the pre-decimal sixpence. It has been the lowest-denomination coin in general circulation since the withdrawal of the one-cent and two-cent coins in 1992. Due to inflation, the purchasing power of the five-cent coin continues to drop, and as of 2018 represents 0.27% of the country's minimum hourly wage for workers age 21 or over. The coin was introduced into circulation on 14 February 1966. In its first year of minting, 30 million were struck at the British