Exchange rates for the Deutsche Mark in Vanuatu / DEM 1 = VUV ... (selling) / up to the end of 1998

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Time series key	BBEX3.M.VUV.DEM.CA.AB.A01
Unit	VUV
Dimension	one
Timespan	from 1981-09 to 1998-12
Last update	20.09.2023 02:48:38 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. Listed against the euro as of January 1999, see BBEX3:M:VUV:EUR:CA:AB:A01.
Source	April 1998 - December 1998 Westpac Banking Corporation, Port Vila Until March 1998 Reserve Bank of Vanuatu (formerly: Central Bank of Vanuatu), Port Vila

Comment on 1986-10	With effect from 23 October 1986, the vatu was devalued. We recorded the following exchange rates (buying/selling rate): 22 October 1986: DEM 1 = VUV 49.92 / 51.04 23 October 1986: DEM 1 = VUV 58.16 / 59.48 This corresponds to a depreciation of the vatu against the Deutsche Mark of 14.2%.

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