Vanuatu vatu · VUV
Vt symbol · 1 country currently using this currency.
Currency info
Adopted: 1981
Currency family: Other
The vatu is one of the few world currencies not subdivided into smaller units, with 1 vatu being the smallest denomination.
- Introduced in 1981 following Vanuatu's independence from the New Hebrides condominium
- Replaced the New Hebridean franc at a rate of 1 vatu = 1.19 francs
- Name derives from the Bislama word for 'stone', referencing traditional currency used in the islands
- Managed by the Reserve Bank of Vanuatu since its establishment
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
New Hebridean franc