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Exchange rates for the US dollar in Vanuatu / USD 1 = VUV ... (buying)

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Time series key BBEX3.A.VUV.USD.CA.AA.A04
Unit VUV
Dimension one
Timespan from 1982 to 2023
Last update 12.01.2024 02:14:37 PM
   
General With effect from 1 January 1981, the vatu was introduced at a rate of 1 New Hebrides franc (NHF) = 1 vatu (VUV). From 1 January 1981 to 9 September 1981, the vatu was pegged to the French franc at a rate of FRF 1 = VUV 16.1616.
Methodology Calculated on the basis of month-end rates.
Source Since May 2018 Bank of South Pacific Limited, Port Vila December 2009 - April 2018 National Bank of Vanuatu, Port Vila January 2006 - November 2009 Australia and New Zealand Banking Group (ANZ), Port Vila April 1998 - December 2005 Westpac Banking Corporation, Port Vila Until March 1998 Reserve Bank of Vanuatu (formerly: Central Bank of Vanuatu), Port Vila
   
Comment on 1986 With effect from 23 October 1986, the vatu was devalued. We recorded the following exchange rates (buying/selling rate): 22 October 1986: USD 1 = VUV 99.08 / 101.26 23 October 1986: USD 1 = VUV 115.39 / 117.93 This corresponds to a depreciation of the vatu against the US dollar of 14.1%.