Gambian pound these were minted by the Royal Mint in denominations of 1, 3 and 6 pence, 1, 2 and 4 shillings, with 8 shillings added in 1970. All coins had Queen Elizabeth II's portrait on the obverse. The 8 Shillings coin of the Gambia is the only example of this denomination ever minted. With the exception of the Hippopotamus, the reverse designs of the pre-decimal coins were reused on the Gambia's decimal coins. On October 5, 1964, new banknotes were introduced by the Gambia Currency Board in denominations of 10 shillings, 1 and 5 pounds. All notes had a sailing boat
Banknotes of the Australian pound tax on all issued or re-issued bank notes. A third currency reform act was passed on 22 December 1911 establishing the Commonwealth Bank. The Commonwealth Bank Act of 1911 specifically stated that the Bank was not to issue bills or notes for circulation. The Australian Treasury issued banknotes until a 1920 amendment to the Commonwealth Bank Act of 1911. The amendment established a note-issuing department within the bank which assumed those responsibilities previously held by the Treasury. On 14 February 1966 the Australian pound was replaced by a decimal currency, the Australian dollar, which was divided into one hundred cents.