Coins of the Maltese lira Coins of the Maltese lira Coins of the Maltese lira have been struck from when Malta adopted decimal currency in 1972, to 2007, after which Malta adopted the euro. There were 10 mils in one cent, and 100 cents in one Maltese lira. The coins in this series replaced the pre-decimal Pound Sterling which had been in use in Malta since 1825. Therefore, the sizes for some coins were similar to their pre-decimal equivalents, for example the 5c was similar to the shilling and the 10c to the two shillings. These coins were designed by Christopher Ironside OBE. In June
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.