Information about currency: Pitcairn Islands Dollar

The Pitcairn Islands is a non-sovereign British overseas territory, where the New Zealand dollar is used as exchange. Pitcairn Islands began issuing its first commemorative coins in 1988. Though the Pitcairn Islands dollar is not a true currency in the strict sense of the word and is not used as a circulation coinage, it can be lawfully exchanged as tender. The Pitcairn Islands dollar exists only because of the coin collecting market, which provides a major staple for the island nation. Having a population of fewer than fifty people, and with only one island in the group of four being populated, there is no need for local coinage. Coins form an important part of the Pitcairn Islands' tiny economy and help raise funds for the government's largely fixed and subsidised income.

Pitcairn Islands coins are minted by the Royal Mint, then the (private) New Zealand Mint, and also the Tower Mint and other private mints under the order of the Pitcairn Islands Government. Some of the coins are, quite inconsistently, denominated in pounds and pence to match denominations of the Pound Sterling of the United Kingdom.