Can Someone Explain The Units In Aussie Coins?

Easy to remember: old (LSD) was 240 pence/pound, decimal is 200 new pence. Shilling becomes 10c, florin is 20c, etc.

I believe Australian £1 was "devalued" in the late 1920s in order to export cheaply to the UK by one of the treasurers or was it a PM? Prior to this, Australian £ was on par with £ sterling because of it being a British colony then still linked to the UK due to the economic ties.

Up to 1966, British pound is worth Australian £1/5/0. Australian dollar was linked to the US dollar for a short time after Australia left sterling area. That means the Australian dollar was linked to sterling for some time prior to the UK's devaluation on their £ sterling.

That is from my memory.

My dad used to tell me that 2/6 was half a dollar when he was a lad in Belfast. Usually people would say 2 and 6 or very rarely half crown.

I always wanted to know why 2/6 coins were not minted in Australia. Is there any particular reason?

Thanks for the bump, ryurazu, a nice terminology refresher.

There is a mixture of GB, NZ and Australian coin info in this thread.

GB stuff doesn't really belong here, they have a separate section.