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200 Vatu Commemorative Note
200 Vatu Commemorative Note

The Vatu (ISO 4217: VUV, sometimes Vt) is the official currency of Vanuatu. It was introduced after independence in 1983 to replace the New Hebrides Franc and the Australian Dollar. 200 Vatu Note - 1995 Anniversary of Independence Found at http://aes. ... 200 Vatu Note - 1995 Anniversary of Independence Found at http://aes. ... Jump to: navigation, search ISO 4217 is an international standard describing three letter codes to define the names of currencies established by the International Organization for Standardization (ISO). ... Jump to: navigation, search 1983 (MCMLXXXIII) is a common year starting on Saturday of the Gregorian calendar. ... This article needs to be wikified. ... Jump to: navigation, search The Australian dollar, AUD or A$, is the official currency of the Commonwealth of Australia, including the Australian Antarctic Territory, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands and Norfolk Island, as well as the independent Pacific island states of Kiribati, Nauru and Tuvalu. ...


The Vatu is a unit by itself: it neither is nor ever has been divided into divisions such as hundreths. The reason for the low value of the currency is that it was designed to be similar in value to the CFP franc, XPF, used in New Caledonia and French Polynesia. The CFP franc (in French: franc Pacifique or franc CFP ; CFP stood for Colonies françaises du Pacifique (i. ...


Currency is available as both notes and coins.:

  • Notes are to the values of 100, 200, 500, 1000 and 5000 Vatu.
  • Coins:
    • Nickel brass: 1 Vatu (16mm) ; 2 Vatu (19mm) ; 5 Vatu (23mm)
    • Cupronickel : 10 Vatu (24mm) ; 20 Vatu (28mm) ; 50 Vatu (33mm, a large coin)
    • Nickel brass: 100 Vatu (23mm)

The value of the Vatu floats, but is reputed to be pegged to a fixed but secret basket of currencies. Approximate rates (September 2005, rounded to nearest vatu) are 1 USD = 111 VUV, 1 GBP = 205 VUV, 1 AUD = 85 VUV, 1 NZD = 79 VUV, 1 EUR = 139 VUV, 10 HKD = 143 VUV, 100 JPY = 102 VUV. Jump to: navigation, search 2005 (MMV) is a common year starting on Saturday of the Gregorian calendar. ... The United States dollar is the official currency of the United States. ... Jump to: navigation, search The pound sterling is the official currency of the United Kingdom (UK). ... Jump to: navigation, search The Australian dollar, AUD or A$, is the official currency of the Commonwealth of Australia, including the Australian Antarctic Territory, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands and Norfolk Island, as well as the independent Pacific island states of Kiribati, Nauru and Tuvalu. ... A New Zealand $100 polymer banknote, replacement of the old paper notes. ... Jump to: navigation, search The euro (€; ISO 4217 code EUR) is the currency of twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain, collectively known as the Eurozone. ... Jump to: navigation, search The Hong Kong Dollar is the official currency of the Hong Kong Special Administrative Region of the Peoples Republic of China. ... Jump to: navigation, search Japanese 10 yen coin (obverse) showing Phoenix Hall of Byodoin Yen is the currency used in Japan. ...


Local residents sometimes refer to a notional dollar, equal to 100 Vatu, without specifying which country's currency they have in mind. Although no such thing exists, it simplifies thinking in the larger numbers which a low-value unit causes. For example, the Government's budget of 6,000,000,000 VUV is in fact only about 50,000,000 USD.


The concept of this notional dollar is supported by the size of the 100 Vatu coin: at 23mm it is comparable to the Australian dollar (25mm) and the New Zealand dollar (23mm), two major sources of Vanuatu expatriates and tourists. Traders will often accept a real dollar (regardless of its country) as an equivalent to local currency.



Currencies of Asia and the Pacific
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West Armenian dram | Azeri manat | Bahraini dinar | Egyptian pound | Georgian lari | Iranian rial | Iraqi dinar | New Israeli sheqel | Jordanian dinar | Kuwaiti dinar | Lebanese pound | Omani rial | Qatari riyal | Saudi riyal | Syrian pound | New Turkish lira | UAE dirham | Yemeni rial
Pacific Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) | CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) | Fijian dollar | New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) | Papua New Guinean kina | Samoan tala | Solomon Islands dollar | Tongan pa'anga | US dollar (American Samoa, Guam, Hawaii, Marshall Islands, Federated States of Micronesia, Northern Mariana Islands, Palau) | Vanuatu vatu
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  Results from FactBites:
 
Vatu - Wikipedia, the free encyclopedia (350 words)
The Vatu (ISO 4217: VUV, sometimes Vt) is the official currency of Vanuatu.
Nickel brass: 1 Vatu (16mm) ; 2 Vatu (19mm) ; 5 Vatu (23mm)
Approximate rates (September 2005, rounded to nearest vatu) are 1 USD = 111 VUV, 1 GBP = 205 VUV, 1 AUD = 85 VUV, 1 NZD = 79 VUV, 1 EUR = 139 VUV, 10 HKD = 143 VUV, 100 JPY = 102 VUV.
  More results at FactBites »

 
 

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