Yahoo Web Search

  1. Vanuatu vatu - Wikipedia › wiki › Vanuatu_vatu

    The vatu was introduced in 1981, one year after independence, to replace the New Hebrides franc at par.

    • History

      The vatu was introduced in 1981, one year after...

    • Banknotes

      On 22 March 1982, notes were introduced by the Central bank...

    • Dollar

      Local residents sometimes refer to a notional dollar, equal...

  2. Vanuatu - Wikipedia › wiki › Vanuatu

    Vanuatu is a Y-shaped archipelago consisting of about 83 relatively small, geologically newer islands of volcanic origin (65 of them inhabited), with about 1,300 kilometres (810 mi) between the most northern and southern islands.

  3. People also ask

    Which is the smallest denomination of Vanuatu vatu?

    When did Vanuatu get its first vatu franc?

    How many small islands are there in Vanuatu?

    What kind of people are the Ni Vanuatu?

  4. Vanuatu vatu — Wikipedia Republished // WIKI 2 › en › Vanuatu_vatu
    • History
    • Coins
    • Banknotes
    • Dollar
    • Pounds and Shillings
    • Alternative Currencies in Vanuatu
    • References

    The vatu was in­tro­duced in 1981, one year after in­de­pen­dence, to re­place the New He­brides franc at par.[citation needed] The vatu was is­sued as a sin­gle unit with no sub­di­vi­sion, with the 1 vatu coin being the small­est de­nom­i­na­tion is­sued, in a sim­i­lar vein to the (post-1953) Japan­ese yen and the Tajik­istani ruble(al­though that had an of­fi­cial if the­o­ret­i­cal, sub­di­vi­sion). The ISO 4217 cur­rency code for the Van­u­atu vatu is VUV. Its na­tion­ally rec­og­nized sym­bol Vt is the most often used in writ­ten format.[citation needed] The vatu's in­tro­duc­tion also saw the end of the of­fi­cial cir­cu­la­tion of the Aus­tralian dol­lar in Vanuatu.[citation needed]

    Van­u­atu's first post-colo­nial coin was a 50 vatu coin in­tro­duced in 1981 and com­mem­o­rated in­de­pen­dence. It was struck in cupro-nickel like pre­vi­ous is­sues and was re­leased into cir­cu­la­tion, though orig­i­nally its re­lease was tar­geted more to­wards col­lec­tors. Shortly there­after, in 1983, 1, 2, 5, vatu coins were re­leased in alu­minum bronze and 10, 20, and 50-vatu coins were in­tro­duced in cupro-nickel, re­plac­ing the coinage of the New He­brides Franc as the new cir­cu­la­tion cur­rency. This also re­placed the Aus­tralian cur­rency that was cir­cu­lat­ing in the British con­trolled is­lands. All Van­u­atu coins de­pict the Van­u­atu coat of arms, con­sist­ing of a na­tive war­rior in front of a whorled pig's tusk, a tra­di­tional item of value. The re­verses de­pict other tra­di­tional items of value. Due to Van­u­atu's French colo­nial his­tory, the cur­rent vatu coins have the same size and col­oration of the coins of New He­brides which are based in p...

    On 22 March 1982, notes were in­tro­duced by the Cen­tral bank of Van­u­atu in de­nom­i­na­tions of 100, 500, and 1,000 vatu.These of­fi­cially re­placed franc notes of the for­mer New He­brides. In 1988 the 100 vatu note was with­drawn from cir­cu­la­tion and re­placed by a 100 vatu coin. In 1989, 5,000 vatu notes were in­tro­duced. In 1993, after a fi­nan­cial re­struc­ture, the Re­serve Bank of Van­u­atu took over paper money is­suance and in­tro­duced newly de­signed notes for 500 and 1000 vatu. 200-vatu notes were first in­tro­duced in 1995 to cut down on the amount of 100 vatu coins re­ceived in change and the need to meet de­mand by pro­duc­ing more. In 2011, new 5,000 vatu notes were also is­sued in polymer. Poly­mer 10,000 notes were is­sued as a com­mem­o­ra­tive issue on 28 July 2010. As of 2013, they are no longer in circulation.On 9 June 2014, the Re­serve Bank of Van­u­atu in­tro­duced a new se­ries of notes printed on poly­mer, among the new se­ries of notes is a new...

    Local res­i­dents some­times refer to a no­tional dol­lar, equal to 100 vatu, with­out spec­i­fy­ing which coun­try's cur­rency they have in mind. This stems from the pe­riod 1966–1973, when the New He­brides franc was pegged to the Aus­tralian dol­larat a rate of 100 francs = 1 dol­lar. Al­though no re­la­tion­ship cur­rently ex­ists, it sim­pli­fies think­ing in the larger num­bers which a low-value unit causes. For ex­am­ple, the Gov­ern­ment's bud­get of 6,000,000,000VT is in fact only about US$50,000,000. The con­cept of this no­tional dol­lar was sup­ported by the size of the for­mer 100 vatu coin: at 23 mm, it was com­pa­ra­ble to the Aus­tralian dol­lar (25 mm) and the New Zealand dol­lar (23 mm) but the thick­ness is equiv­a­lent to the cur­rent British pound coin. It has now been re­placed by a scal­lopedver­sion.

    In some Van­u­atu lan­guages, in which count­ing in large num­bers is cum­ber­some and not well known, 10 vatu is col­lo­qui­ally re­ferred to as "one shilling", and 200 vatu is re­ferred to as "one pound". For ex­am­ple, in Apma lan­guage, "50 vatu" would be selen kalim "five shillings".This roughly re­flects the his­tor­i­cal ex­change rate of the vatu against the pound, al­though since 2008 the num­ber of vatu to the pound has been sig­nif­i­cantly lower than this.

    Many com­mu­ni­ties in Van­u­atu con­tinue to con­duct cer­e­mo­nial busi­ness such as the pay­ing of fines and bride-prices using tra­di­tional items of value, such as pigs, curved boars' tusks and long dyed mats. Vatu is some­times used as a sub­sti­tute for tra­di­tional valu­ables in such cer­e­monies, al­though the Na­tional Coun­cil of Chiefsdis­cour­ages this. The Tang­bunia in­dige­nous bank, based on Pen­te­cost Is­land in Van­u­atu, of­fers ac­counts and trans­fers de­nom­i­nated in li­vatu, a unit of cur­rency equiv­a­lent to the value of a fully curved boar's tusk.

    Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
    Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
  5. Talk:Vanuatu vatu - Wikipedia › wiki › Talk:Vanuatu_vatu

    From Wikipedia, the free encyclopedia A fact from Vanuatu vatu appeared on Wikipedia's Main Page in the Did you know? column on 23 November 2004. The text of the entry was as follows: "Did you know...that the Vatu is the unit of currency in Vanuatu ?"

  6. Vanuatu - Simple English Wikipedia, the free encyclopedia › wiki › Vanuatu
    • History
    • Geography
    • Locations

    Evidence shows, that people lived in Vanuatu by 1300 BC. Portuguese explorer Pedro Fernández de Quirós first discovered the islands in 1606. British explorer, navigator James Cook discovered the islands in 1774. Cook mapped the islands and named them New Hebrides.

    Vanuatu is an island archipelago. It has about 82 small islands. The islands were made from Volcanos. 65 of the islands are inhabited. There is about 800 miles (1,300 km) north to south distance between the outermost islands. Two of the islands (Matthew and Hunter) are also claimed by France. Fourteen of Vanuatu's islands have surface areas of more than 100 square kilometres (39 sq mi). The highest point in Vanuatu is Mount Tabwemasana, at 1,879 metres (6,165 ft), on the island of Espiritu Santo.

    There are six provinces in Vanuatu. They are Malampa, Penama, Sanma, Shefa, Tafea and Torba. Some of the cities are: 1. Bunlap 2. Forari 3. Ipikil 4. Ipota 5. Isangel 6. Lakatoro 7. Lamap 8. Loltong 9. Longana 10. Lorevilko 11. Luganville 12. Lénakel 13. Port Olry 14. Port Vila- Capital 15. Rovo Bay 16. Sola 17. Sulphur Bay 18. Whitesands

    • Ni-Vanuatu; Vanuatuan
    • Port Vila
  7. Vanuatui vatu – Wikipédia › wiki › Vanuatui_vatu

    Vanuatui vatu. Ez a közzétett változat, ellenőrizve: 2021. február 14. A vatu Vanuatu hivatalos pénzneme. Az 1000 Vatun egy dél-csendes-óceáni csónak látható. Az 5000 Vatun egy fából ácsolt toronyból leugró férfi látható. Ez az ugrás Vanuatun hagyományosan a férfivá válás próbája. Ebből alakult ki a Bungee-Jumping.

    • Vt
    • 3,4%
  8. History of Vanuatu - Wikipedia › wiki › History_of_Vanuatu

    The Vanuatu group of islands first had contact with Europeans in 1606, when the Portuguese explorer Pedro Fernandes de Queirós, sailing for the Spanish Crown, arrived on the largest island and called the group of islands La Austrialia del Espiritu Santo or "The Southern Land of the Holy Spirit", believing he had arrived in Terra Australis or Australia.

  9. Vatu – Wikipedia › wiki › Vatu

    Vatu (Vt - Vanuatu vatu) eller Dollar är den valuta som används i Vanuatu i Stilla havet. Valutakoden är VUV. 1 Vatu har inga underenheter.. Valutan infördes under år 1983 och ersatte det nyhebridiska pundet som officiell valuta och den australiska dollarn som faktisk valuta.

  10. Ni-Vanuatu - Wikipedia › wiki › Ni-Vanuatu

    Ni-Vanuatu (informally abbreviated Ni-Van) is a large group of closely related Melanesian ethnic groups native to the island country of Vanuatu.As such, Ni-Vanuatu are a mixed ethnolinguistic group with a shared ethnogenesis that speak a multitude of languages.

  11. People also search for