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Information about currency: Vatu

Currency nameVatu
CountryVanuatu
Dates1981 -
System

No subdivisions

Description

The vatu (sign: VT; ISO 4217: VUV) is the currency of Vanuatu. The vatu has no subdivisions.

The vatu was introduced in 1981, one year after independence, to replace the New Hebrides franc at par. The vatu was issued as a single unit with no subunit, having 1 vatu being the smallest denomination possible, in a similar vein to the Japanese yen and Tajikistani ruble.

The official ISO code for the Vanuatu vatu is VUV. Its nationally recognized symbol Vt is the most often used in written format. The vatu's introduction also saw the end of the official circulation of the Australian dollar in Vanuatu.

Currency Vatu was used:
Country From To
Vanuatu Vatu 1981