Ni-Vanuatu Vatu in Norwegian Krone

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.

NOK Norwegian Krone

Country of application:
Norway, Bouvet Island, Svalbard and Jan Mayen

Coin denominations in circulation:
20 10, 5 and 1 krone.

Denominations of banknotes in circulation:
1,000, 500, 100 and 50 kroons.

History reference:
The Norwegian krone has been the currency of Norway since 1874 (when the Norwegian krone banknotes began to be printed, and Norwegian coins have been known since 995), when it replaced the Norwegian ...daler. For the first time, the inhabitants of Norway were able to pay with their own coins under Olaf I Trygvasson, who ruled the kingdom of the harsh Vikings at the end of the 10th century. It should be noted that in Norway the production of coins is still the prerogative of the king. Only in the 17th century did a full-fledged mint appear in Oslo, which used silver from the nearest mines of Christiania to mint coins. Somewhat later, the mint was moved to Kongsberg, where the largest explored deposit of precious metals was located. Even despite the fact that in the late 50s of the XX century. the mine was depleted, the yard continues its work in this city.