ISO 4217 | |
---|---|
Code | VUV (numeric: 548) |
Unit | |
Plural | vatu |
Symbol | VT |
Denominations | |
Banknotes | |
Freq. used | VT 200, VT 500, VT 1,000, VT 2,000, VT 5,000, VT 10,000[1] |
Coins | |
Freq. used | VT 5, VT 10, VT 20, VT 50, VT 100[1] |
Rarely used | VT 1, VT 2 (discontinued; still legal tender) |
Demographics | |
Replaced | New Hebrides franc (at par) |
User(s) | Vanuatu |
Issuance | |
Central bank | Reserve Bank of Vanuatu |
Website | www |
Valuation | |
Inflation | 3.9% |
Source | The World Factbook, 2007 est. |
The vatu (abbreviation: VT;[1] ISO code: VUV) is the currency of Vanuatu. Vanuatu is, by population, the fourth smallest country in the world, after Barbados,Tonga, and the Seychelles to have its own currency and monetary policy.
The vatu has no subdivisions, which is one of two currencies where this is the case, alongside the Zimbabwe Gold (ZiG) currency.