Australian one-hundred-dollar note

Last updated

One hundred dollars
(Australia)
Value100 Australian dollars
Width158 mm
Height65 mm
Security featuresClear window with embossing, micro printing, slightly raised printing, hold the note towards light and the Australian coat of arms plus a seven pointed star will appear, ultraviolet, Unic serial number and different fonts, watermark
Material used Polymer
Years of printing1996, 1998–99, 2008, 2010–11, 2013–14, 2017, 2019-20 [1]
Obverse
Australian 100 dollar note Obverse Fourth Series.jpeg
Design Dame Nellie Melba
Designeremerystudios
Design date29 October 2020
Reverse
Australian 100 dollar note Reverse Fourth Series.jpg
Design General Sir John Monash
Designeremerystudios
Design date29 October 2020

The Australian one-hundred-dollar note was first issued in 1984 as a paper note. [2] There have been two different issues of this denomination: initially a very light turquoise-blue paper note, and from May 1996, a green polymer note. [3] Since the start of issue there have been six signature combinations. Two other combinations were not issued.[ citation needed ]

Contents

Design

The paper issue was released on Monday 31 March 1984, has a portrait of Antarctic explorer Sir Douglas Mawson, with a background of a mountain range with a geological strata format. A large diamond shape appears to the left of the main picture. Astronomer John Tebbutt is on the reverse, with a background of the observatory he built and a local church. [4]

The original paper 100-dollar note.
Obverse 100 dollar note front.jpg
Obverse
Reverse Discovery 100 dollar note back bigJohn Tebbutt.jpg
Reverse

The polymer issue was released on Wednesday 15 May 1996, designed by Bruce Stewart, and features portraits of soprano Dame Nellie Melba and engineer and First World War general Sir John Monash, along with images from the First World War and John Simpson Kirkpatrick and his donkey. . [3] [5]

The original polymer 100-dollar note.

A new design of the banknote, part of the Reserve Bank's Next Generation Banknote Program, was released into circulation on Thursday 29 October 2020. [6]

Security features

The paper design includes a watermark of Captain James Cook in the white field, and a metallic strip embedded in the paper to the left (on the obverse side) of the note. The same watermark was used in the last issue of the pre-decimal banknotes.[ citation needed ]

The polymer issue includes a shadow image of the Australian Coat of Arms, which is printed over. In the clear window, there is embossing—or a raised image—of the number 100 and a print of a lyrebird. Also for this issue, fluorescent colouring was added to the serial numbers, as well as a patch that shows the banknote's value under ultraviolet light. The star's four points on the obverse and three on the reverse join to form the seven-pointed Federation Star when the note is held up to the light. Raised print and micro-printing of the denomination value are also included. [7] [8]

Circulation

According to Reserve Bank of Australia statistics, the number of $100 banknotes in circulation in June 2005 was 149 million—18.5% of all notes in circulation. The cash value for these notes was $14,924 million—41.9% of the total value for all denominations. Only the $50 note had more cash value in circulation. [9] In June 2008 there were 176.9 million notes in circulation (19%), with a value of $17,690 million (42.1%).

In June 2017, 337 million $100 notes were in circulation, [10] 22% of the total notes in circulation; worth $33,689 million, 46% of the total value for all denominations. [11]

In December 2016 it was reported that Australia considered abolishing its $100 note as an effort to close loopholes used by the black economy. [10] However, the Reserve Bank of Australia officially stated that there are no plans to abolish the $100 note. [12]

Related Research Articles

The Kwacha is the currency of Zambia. It is subdivided into 100 Ngwee.

The Australian dollar is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu. As of 2022, it is currently the sixth most-traded currency in the foreign exchange market and also the seventh most-held reserve currency in global reserves.

The Singapore dollar is the official currency of the Republic of Singapore. It is divided into 100 cents. It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore (MAS) issues the banknotes and coins of the Singapore dollar.

<span class="mw-page-title-main">United States one-hundred-dollar bill</span> Current denomination of United States currency

The United States one-hundred-dollar bill ($100) is a denomination of United States currency. The first United States Note with this value was issued in 1862 and the Federal Reserve Note version was first produced in 1914. Inventor and U.S. Founding Father Benjamin Franklin has been featured on the obverse of the bill since 1914, which now also contains stylized images of the Declaration of Independence, a quill pen, the Syng inkwell, and the Liberty Bell. The reverse depicts Independence Hall in Philadelphia, which it has featured since 1928.

<span class="mw-page-title-main">Mauritian rupee</span> Currency of Mauritius

The Mauritian rupee is the currency of Mauritius. One rupee is subdivided into 100 cents. Several other currencies are also called rupee.

<span class="mw-page-title-main">Singapore Portrait Series currency notes</span> 4th design of Singapore currency notes

The Portrait Series of currency notes is the fourth and current set of notes to be issued for circulation in Singapore. It was first introduced on 9 September 1999 by the Board of Commissioners of Currency Singapore (BCCS), whose role was since taken over by the Monetary Authority of Singapore (MAS) post-merger.

<span class="mw-page-title-main">Australian five-cent coin</span> Current denomination of Australian currency

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.

<span class="mw-page-title-main">Australian one-dollar coin</span> Current denomination of Australian currency

The Australian one-dollar coin is the second most valuable circulation denomination coin of the Australian dollar after the two-dollar coin; there are also non-circulating legal-tender coins of higher denominations.

<span class="mw-page-title-main">Australian fifty-dollar note</span> Current denomination of Australian currency

The Australian fifty-dollar note is an Australian banknote with a face value of fifty Australian dollars (A$50). Since 1995 it has been a polymer banknote featuring portraits of Edith Cowan, first female member of an Australian parliament, and inventor and Australia's first published Aboriginal Australian author, David Unaipon.

<span class="mw-page-title-main">Australian twenty-dollar note</span> Current denomination of Australian currency

The Australian twenty-dollar note was issued when the currency was changed from the Australian pound to the Australian dollar on 14 February 1966. It replaced the £10 note which had similar orange colouration. There have been only three different issues of this denomination: a paper note which had a gradient of yellow and red, with a distinct orange background, and two designs of polymer note which can be recognised for their distinct red-orange colouration. The first polymer note was issued on 31 October 1994 and the Next Generation polymer banknote was issued on 9 October 2019.

<span class="mw-page-title-main">Australian ten-dollar note</span> Current denomination of Australian currency

The Australian ten-dollar note was one of the four original decimal banknotes excluding the Australian five-dollar note, was issued when the currency was changed from the Australian pound to the Australian dollar on 14 February 1966. It replaced the Australian five-pound note, which included the same blue colouration. There have been four different issues of this denomination: a paper banknote; a commemorative hi-polymer note, to celebrate the bicentennial of Australian settlement ; the 1993–2017 polymer note; and from September 2017 a polymer note featuring a transparent window.

<span class="mw-page-title-main">Australian one-cent coin</span> Former denomination of Australian currency

The cent, formally the one-cent coin, was the lowest-denomination coin of the Australian dollar. It was introduced on 14 February 1966 in the decimalisation of Australian currency and was withdrawn from circulation in 1992. It is still minted as a non-circulating coin. A one-cent coin in 1966 would have a purchasing power equal to about 15c in 2022 values.

<span class="mw-page-title-main">Australian two-cent coin</span> Former denomination of Australian currency

The Australian two-cent coin was introduced in 1966 and was the coin of the second-lowest denomination until it was withdrawn from circulation in 1992. It is still counted as legal tender, but is subject to some restrictions, and two-cent coins are legal tender only up to the sum of 20 cents.

<span class="mw-page-title-main">Australian five-dollar note</span> Current denomination of Australian currency

The Australian five-dollar note was first issued on 29 May 1967 (Monday), fifteen months after the currency was changed from the pound to the dollar on 14 February 1966. It was a new denomination with mauve colouration – the pre-decimal system had no denomination with a value of £212. The first polymer version of the note was introduced in 1992. A major design update was issued from 1 September 2016, with a minor update to the signatures in 2019.

The notes of the Australian dollar were first issued by the Reserve Bank of Australia on 14 February 1966, when Australia changed to decimal currency and replaced the pound with the dollar. This currency was a lot easier for calculating compared to the previous Australian pound worth 20 shillings or 240 pence.

<span class="mw-page-title-main">Banknotes of Zimbabwe</span> Official currency of Zimbabwe

The banknotes of Zimbabwe were physical forms of Zimbabwe's first four incarnations of the dollar, from 1980 to 2009. The banknotes of the first dollar replaced those of the Rhodesian dollar at par in 1981, one year after the proclamation of independence. The Reserve Bank of Zimbabwe issued most of the banknotes and other types of currency notes in its history, including the bearer cheques and special agro-cheques that circulated between 15 September 2003 and 31 December 2008: the Standard Chartered Bank also issued their own emergency cheques from 2003 to 2004.

<span class="mw-page-title-main">Indian 1000-rupee note</span> Obsolete denomination of the Indian Currency

The Indian 1000-rupee banknote is an obsolete denomination of the Indian rupee. It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946. Post-independence, the denomination was re-introduced in 1954. In January 1978, all high-denomination banknotes of 1000,5000, and 10000 were demonetized in order to curb unaccounted cash money.

<span class="mw-page-title-main">Indian 100-rupee note</span> Indian ₹100 Currency

The Indian 100-rupee banknote is a denomination of the Indian rupee. It has been in continuous production since Reserve Bank of India took over the functions of the controller of currency in India in 1935. The present 100 banknote in circulation is a part of the Mahatma Gandhi New Series.

<span class="mw-page-title-main">Bank of England £50 note</span> Banknote

The Bank of England £50 note is a sterling banknote. It is the highest denomination of banknote currently issued for public circulation by the Bank of England. The current note, the first of this denomination to be printed in polymer, entered circulation on 23 June 2021. It bears the image of Queen Elizabeth II on the obverse and computer scientist and World War II codebreaker Alan Turing on the reverse, with his birth date reflecting the release date. Cotton £50 notes from the previous series remained in circulation alongside the new polymer notes until 30 September 2022, when the last 'paper' banknote issue finally ceased to be legal tender.

The New Generation Currency (NGC) Series is the name used to refer to Philippine peso banknotes issued since 2010 and coins issued since 2018. The series uses the Myriad and Twentieth Century typefaces.

References

  1. "SERIAL NUMBER INFORMATION". banknotes.rba.gov.au. Reserve Bank of Australia (RBA). Retrieved 9 February 2015.
  2. "OTHER BANKNOTES-PAPER SERIES-$100". banknotes.rba.gov.au. Reserve Bank of Australia. Retrieved 9 February 2015.
  3. 1 2 "A Complete Series of Polymer Banknotes: 1992–1996". Reserve Bank of Australia Museum. Reserve Bank of Australia. Archived from the original on 15 February 2016. Retrieved 31 December 2015.
  4. "Inflation and the Note Issue". Reserve Bank of Australia Museum. Reserve Bank of Australia. Archived from the original on 27 April 2016. Retrieved 31 December 2015.
  5. "Defence Honours and Awards Appeals Tribunal" (PDF). Australian Government. Retrieved 26 June 2023.
  6. "Next Generation of Banknotes: $100 Design Reveal" (Press release). Sydney, Australia: Reserve Bank of Australia. 24 February 2020. Retrieved 25 February 2020.
  7. "List of Security Features". Counterfeit Detection. Reserve Bank of Australia. Retrieved 9 February 2015.
  8. "Banknote Features". Reserve Bank of Australia Banknotes. Retrieved 26 June 2023.
  9. Notes on Issue, www.rba.gov.au, Data updated to end June 2008, Reserve Bank of Australia. Retrieved on 4 August 2015.
  10. 1 2 Frank Chung. "Australia could scrap the $100 note". The New Zealand Herald . Retrieved 14 December 2016.
  11. "DISTRIBUTION-CIRCULATION AND PRODUCTION STATISTICS, AS AT END JUNE 2017". banknotes.rba.gov.au. Reserve Bank of Australia. Retrieved 20 December 2017.
  12. "'No plans to withdraw $100 note from circulation'".

Further reading