VUV - Vanuatu Vatu currency

Vanuatu flag Vanuatu

The Vanuatu Vatu (VUV) is the official currency of Vanuatu, an island nation in the Pacific Ocean. Introduced in 1981 following Vanuatu’s independence from France and the United Kingdom, the vatu replaced the New Hebrides franc. Unlike many currencies, the vatu has no subdivisions such as cents, making it unique in its structure. The Reserve Bank of Vanuatu is responsible for its issuance and regulation. Due to Vanuatu’s tourism and agricultural economy, the vatu plays a crucial role in facilitating trade, especially in the export of copra, cocoa, and kava. While the vatu is primarily used within Vanuatu, foreign currencies like the Australian dollar are sometimes accepted in tourist areas.

VUV - Vanuatu Vatu profile

Symbol Vatu
ISO 4217 Code VUV
Central Bank Reserve Bank of Vanuatu
Nicknames VT
Countries using this currency Vanuatu

VUV - Vanuatu Vatu
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.

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