Yumi 40 Wetem Vatu
Hapi 40th Anivesari Vanuatu
Welcome!

Welcome to the Reserve Bank of Vanuatu's website. We are pleased to present to you the Bank’s website. With the website, the Bank aims to...

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Coin Collection
Legal tender Vatu coins in circulation
Stone Money
Traditional money used in custom ceremonial occasions
10,000VT Specimen
New Family of Vatu notes
Basket Kumala
A typical local commodity
Conch Shell
Traditional money used in custom ceremonial occasions

Frequently Asked Questions

1. How can I tell the difference between a genuine and counterfeit banknote?

Vatu banknotes have security features which are easily identifiable such as:

  • Metal thread running across the banknote
  • Watermark (face of a Ni-Vanuatu man)
  • A special feel of the banknote paper, rough and crisp.

2. Can I reproduce or make copies of banknotes?

The RBV Act [CAP125] prohibits any person other than the Reserve Bank to issue currency in Vanuatu.

It is therefore a crime to reproduce Vatu banknotes (fake or copies) and anyone caught doing that will be prosecuted.


3. What should I do if I have damaged (burnt or torn) banknotes?

Damages do not take away the face value of genuine banknotes. Any damaged banknotes must be taken to the Reserve Bank who will determine if the damaged notes can be exchanged with reissue notes.

Commercial banks maybe also contacted for assistance with damaged notes.


4. What about soiled coins?

Vatu coins which are soiled and dirty can still be exchanged with a reissue coin at the Reserve Bank.


5. Where do I store my banknotes and coins?

It is advisable to put your banknotes and coins in a bank account where it is safe and in a clean environment.

For any other questions, please contact the Reserve Bank of Vanuatu:

Exchange Rates

Countries: Date: 22-October-2020

  USD    112.97

  JPY     1.0582

  NZD    75.18

  GBP    148.57

  AUD    80.38

  EUR    134.01

 

Key Indicators

INFLATION

March 2020 
March 2020 (Year Average)

      3.0%
      2.9%

GDP

 Real GDP Growth 2018
 Source: VNSO
      2.9%
FOREIGN RESERVES
Months of Import:
March 2020
     
13.0%
LIQUIDITY (MARCH 2020)

Excess Reserve

30,319.2 MVT
MONEY & CREDIT (MARCH 2020)

Money Supply (M2)


Net foreign Assets


Domestic Credit


Private sector credit

Narrow Money (M1)

95,772.5MVT

 

69,508.1 MVT

44,444.8MVT

 

59,974.7 MVT

64,175.9 MVT

INTEREST RATES (DECEMBER 2018)

 RBV Policy Rate

 

91 Day RBV Notes

 

Weighted Average Deposit Rate

Weighted Average Lending Rate

 2.25%

 

0.1%

 

0.7%     

 

9.8%