Australia and Oceania, a region comprising the vast Australian continent and numerous island nations, has a fascinating array of currencies. Each currency reflects the unique economic history and cultural identity of its respective country.
Here’s an extensive introduction to the major currencies across Australia and Oceania:
Australia
Australian Dollar (AUD): The Australian dollar, symbolized as $, is the official currency of Australia and its external territories. It is one of the most traded currencies in the world and is known for its stability. The AUD is subdivided into 100 cents and issued by the Reserve Bank of Australia. Australian banknotes are noted for their vibrant colors and innovative polymer design.
New Zealand
New Zealand Dollar (NZD): The New Zealand dollar, symbolized as $, is the official currency of New Zealand and several of its territories, including the Cook Islands, Niue, Tokelau, and the Pitcairn Islands. Often referred to as the "kiwi," the NZD is also widely traded on global markets. It is subdivided into 100 cents and issued by the Reserve Bank of New Zealand.
Pacific Island Nations
Fijian Dollar (FJD): The Fijian dollar, symbolized as $, is the official currency of Fiji. It is subdivided into 100 cents and issued by the Reserve Bank of Fiji. The currency features iconic symbols and natural beauty of Fiji.
Papua New Guinean Kina (PGK): The kina, symbolized as K, is the official currency of Papua New Guinea. It is subdivided into 100 toea and issued by the Bank of Papua New Guinea. The kina reflects the country’s diverse culture and natural resources.
Tongan Paʻanga (TOP): The paʻanga, symbolized as T$, is the official currency of Tonga. It is subdivided into 100 seniti and issued by the National Reserve Bank of Tonga. The currency name is derived from a traditional Tongan currency unit.
Samoan Tala (WST): The tala, symbolized as $, is the official currency of Samoa. It is subdivided into 100 sene and issued by the Central Bank of Samoa. The tala signifies Samoa’s rich cultural heritage.
Solomon Islands Dollar (SBD): The Solomon Islands dollar, symbolized as $, is the official currency of the Solomon Islands. It is subdivided into 100 cents and issued by the Central Bank of Solomon Islands. The currency highlights the nation’s abundant natural resources.
Vanuatu Vatu (VUV): The vatu, symbolized as VT, is the official currency of Vanuatu. It is not subdivided into smaller units and is issued by the Reserve Bank of Vanuatu. The vatu reflects Vanuatu’s unique cultural heritage and economic activities.
Smaller Island Nations
Cook Islands Dollar (CKD): Used alongside the New Zealand dollar, the Cook Islands dollar is the local currency of the Cook Islands. It is symbolized as $, and although it has the same value as the NZD, it features unique designs specific to the Cook Islands.
Niue Dollar (NIO): Niue, a self-governing state in free association with New Zealand, uses the New Zealand dollar as its official currency but also issues its own commemorative coins.
Tuvaluan Dollar (TVD): Tuvalu uses the Australian dollar as its official currency but also issues its own coins for local use.
Regional and Other Notable Currencies
CFP Franc (XPF): The CFP franc, symbolized as F, is used by the French territories in the Pacific, including French Polynesia, New Caledonia, and Wallis and Futuna. It is issued by the Institut d'Émission d'Outre-Mer and is pegged to the euro.
Kiribati Dollar (AUD): Kiribati uses the Australian dollar as its official currency and issues its own coins for domestic use.
These currencies are vital in facilitating trade and economic activities within their respective countries and regions. They embody the rich cultural diversity and economic resilience of the nations in Australia and Oceania.
Here are the list of Australian & Oceania Countries with their currency name:
Australia - Australian Dollar (AUD)
Fiji - Fiji Dollar
Kiribati - Australian Dollar
Marshall Islands - United States dollar (USD)
Micronesia - US Dollar
Nauru - Australian Dollar
New Zealand - New Zealand Dollar (NZD or NZ$)
Palau - US Dollar
Papua New Guinea - Papua New Guinean kina (PGK)
Samoa - Tala
Solomon Islands - Solomon Islands dollar (SBD)
Tonga - Pa'anga
Tuvalu - Australian Dollar
Vanuatu - Vatu
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