Bahamian Dollar in Ni-Vanuatu Vatu

BSD Bahamian Dollar

Country of application:
Bahamas

Coin denominations in circulation:
1, 5, 10, 25 cents.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 dollars.

History reference:
The Bahamian dollar has been the national currency and money of the Commonwealth of the Bahamas since 1966. It replaced the Bahamian pound when the islands were granted self-government, and later ind...ependence (although the country remained part of the British Commonwealth). The Bahamian dollar replaced the Bahamian pound, which was equal to the British pound sterling, divided into 20 shillings or 240 pence, at a ratio of 1 dollar = 7 shillings (1 dollar = 0.35 pounds) in 1966. At the same time, a transition was made to the decimal system - the Bahamian dollar began to equal 100 cents. During the transition to a new currency, three-dollar bills and coins of fifteen cents were introduced, since three dollars are approximately equal to one pound, and fifteen cents - 1 shilling, which was convenient during the transition period.

VUV Ni-Vanuatu Vatu

Country of application:
Vanuatu

Coin denominations in circulation:
1, 2, 5, 10, 20, 50, 100 vat.

Denominations of banknotes in circulation:
200, 500, 1000, 2000, 5000, 10,000, 200 watt.

History reference:
Vatu means "stone" in Bislama. During the colonization of the islands by Great Britain and France, Australian, French and English money circulated on the territory of the New Hebrides. In 1941, the N...ew Hebridean franc was introduced into circulation. On July 30, 1980, the islands gained independence from Great Britain and France and the name of the state was renamed Vanuatu (meaning "this land forever"), and the New Hebridean franc was renamed Vatu. On December 16, 1980, the government began a monetary reform, one of the tasks of the reform was to develop the design of a new currency. On March 22, 1982, a new currency came into circulation. Until April 1, 1983, the new currency and the predecessor currencies (Australian dollar and New Hebridean franc) were used in everyday life.