Tokelau, known previously as the Union Islands, and, until 1976, known officially as the Tokelau Islands, is a dependent territory of New Zealand in the southern Pacific Ocean. It consists of three tropical coral atolls with a combined land area of 10 km2, and has a population of around 1,500 people.
The country became a British protectorate in 1889, and has been administered by New Zealand since 1926. It uses the New Zealand Dollar as circulation currency, but has been issuing a variety if non-circulating coins since 1978. These are denominated in "Tala" (the local word for Dollar) and cents; the coins spell the large denomination variously either as "Dollar" or as "Tala".
While the Tala is a variety of the New Zealand Dollar, it is only legal tender in Tokelau and not in New Zealand.