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.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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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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