Tuvaluan dollar

  • tuvaluan dollar
    iso 4217
    codetvd[a]
    denominations
    symbol$ ($t, tv$)
    cent¢
    banknotesaustralian dollar notes circulate
    coins¢5, ¢10, ¢20, ¢50, $1
    demographics
    user(s) tuvalu (alongside australian dollar)
    issuance
    central bankwww.rba.gov.au
    mintwww.ramint.gov.au
    valuation
    inflation3.30% [1]
    pegged withaustralian dollar at par
    1. ^ unofficial.[1]

    the tuvaluan dollar is the currency of tuvalu, whose official international currency code is tvd.[1] tuvalu has never had banknotes of its own, and has been issuing coins since 1976. however, the tuvaluan dollar is used as a unit of account, and is pegged to the australian dollar at parity. from 1966 to 1976, tuvalu officially used the australian dollar. in 1976, tuvalu began issuing its own coins, which continue to circulate alongside australian coins. tuvalu continues to use australian banknotes. tuvaluan coins are not legal tender in australia. similar to the faroese króna's relationship to the danish krone and the panamanian balboa's relationship to the united states dollar, the tuvaluan dollar is not an independent currency, but a variation of the australian dollar.

    tuvalu does not have a monetary authority or central bank, and the national bank of tuvalu, the only bank in tuvalu, performs some monetary functions for the government, including the holding of government accounts and foreign assets.[2]

    other currencies that had been used in tuvalu have been the british pound sterling, prior to the introduction of the australian dollar, as well as the us dollar, during the world war ii american occupation of the islands. gilbert and ellice islands banknotes had also been used in tuvalu. these notes were cashier's cheques backed in pounds rather than an official, independent currency. the yen-backed oceania pound was used in parts of the gilberts (now kiribati), but japanese influence never actually reached the ellice chain (now tuvalu).

  • coins
  • banknotes
  • see also
  • notes
  • references

Tuvaluan dollar
ISO 4217
CodeTVD[a]
Denominations
Symbol$ ($T, TV$)
cent¢
BanknotesAustralian dollar notes circulate
Coins¢5, ¢10, ¢20, ¢50, $1
Demographics
User(s) Tuvalu (alongside Australian dollar)
Issuance
Central bankwww.rba.gov.au
Mintwww.ramint.gov.au
Valuation
Inflation3.30% [1]
Pegged withAustralian dollar at par
  1. ^ Unofficial.[1]

The Tuvaluan dollar is the currency of Tuvalu, whose official international currency code is TVD.[1] Tuvalu has never had banknotes of its own, and has been issuing coins since 1976. However, the Tuvaluan dollar is used as a unit of account, and is pegged to the Australian dollar at parity. From 1966 to 1976, Tuvalu officially used the Australian dollar. In 1976, Tuvalu began issuing its own coins, which continue to circulate alongside Australian coins. Tuvalu continues to use Australian banknotes. Tuvaluan coins are not legal tender in Australia. Similar to the Faroese króna's relationship to the Danish krone and the Panamanian balboa's relationship to the United States dollar, the Tuvaluan dollar is not an independent currency, but a variation of the Australian dollar.

Tuvalu does not have a monetary authority or central bank, and the National Bank of Tuvalu, the only bank in Tuvalu, performs some monetary functions for the government, including the holding of government accounts and foreign assets.[2]

Other currencies that had been used in Tuvalu have been the British pound sterling, prior to the introduction of the Australian dollar, as well as the US dollar, during the World War II American occupation of the islands. Gilbert and Ellice Islands banknotes had also been used in Tuvalu. These notes were cashier's cheques backed in pounds rather than an official, independent currency. The yen-backed Oceania pound was used in parts of the Gilberts (now Kiribati), but Japanese influence never actually reached the Ellice Chain (now Tuvalu).

Other Languages
العربية: دولار توفالو
Bân-lâm-gú: Tuvalu dollar
беларуская: Долар Тувалу
čeština: Tuvalský dolar
Esperanto: Tuvala dolaro
français: Dollar tuvaluan
한국어: 투발루 달러
hrvatski: Tuvaluski dolar
Bahasa Indonesia: Dolar Tuvalu
polski: Dolar Tuvalu
српски / srpski: Тувалуански долар
українська: Долар Тувалу
中文: 吐瓦魯元