Currency - Fijian dollar

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Fijian dollar

$
The Fijian dollar (currency sign: FJ$, $; currency code: FJD) has been the currency of Fiji since 1969 and was also the currency between 1867 and 1873. It is normally abbreviated with the dollar sign $, or alternatively FJ$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

Fiji followed the pattern of South Africa, Australia, and New Zealand in that when it adopted the decimal system, it decided to use the half pound unit as opposed to the pound unit of account. The choice of the name dollar was motivated by the fact that the reduced value of the new unit corresponded more closely to the value of the US dollar than it did to the pound sterling.

The dollar was reintroduced on 15 January 1969, replacing the Fijian pound at a rate of 1 pound = 2 dollars, or 10 shillings = FJ$1. Despite Fiji having been a republic since 1987, coins and banknotes continued to feature Queen Elizabeth II until 2013, when her portrait was replaced with pictures of plants and animals.

In 1969, coins were introduced in denominations of 1c, 2c, 5c, 10c & 20c, with a 50c coin issued in 1975. The coins had the same sizes and compositions as the corresponding Australian coins, with the 50 cents matching the cupronickel dodecagonal type introduced in Australia in 1969. In 1990, new compositions were introduced, with copper-plated zinc used for the 1¢ and 2¢ coins, and nickel-plated steel for the 5c, 10c, 20c & 50c. An aluminium-bronze $1 coin was introduced in 1995, replacing the $1 note. 2009 saw the introduction of a new smaller coinage from 5 to 50 cents. These were struck by the Royal Canadian Mint and are made with the three ply electroplate method. The 1 and 2 cents were also discontinued and withdrawn the same year. A thinner brass plated steel $1 coin was later introduced in 2010, gradually phasing out the older type.

In 2013 Fiji released a whole family of new coins, with fauna themes, and without the Queen's portrait. This new series saw the introduction of a $2 coin, replacing the corresponding note just as the $1 coin had done before. This coin faced controversy due to being too easily mistaken as a $1, as it was only slightly larger of the same color. It was replaced by a larger and thicker Spanish flower shaped $2 coin in 2014. The metallic content of both the $1 and $2 was also changed in 2014 for better durability and resistance to wear after widespread complaints of the coins corroding and "turning black".

Country

Fiji

Fiji (Viti ; Fiji Hindi: फ़िजी), officially the Republic of Fiji (Matanitu Tugalala o Viti; Fiji Hindi: फ़िजी गणराज्य), is an island country in Melanesia, part of Oceania in the South Pacific Ocean about 1100 nmi northeast of New Zealand's North Island. Its closest neighbours are Vanuatu to the west, New Caledonia to the southwest, New Zealand's Kermadec Islands to the southeast, Tonga to the east, the Samoas and France's Wallis and Futuna to the northeast, and Tuvalu to the north. Fiji consists of an archipelago of more than 330 islands—of which 110 are permanently inhabited—and more than 500 islets, amounting to a total land area of about 18300 km2. The most outlying island is Ono-i-Lau. The two major islands, Viti Levu and Vanua Levu, account for 87% of the total population of. The capital, Suva, on Viti Levu, serves as the country's principal cruise-ship port. About three-quarters of Fijians live on Viti Levu's coasts, either in Suva or in smaller urban centres such as Nadi—where tourism is the major local industry —or Lautoka, where the sugar-cane industry is paramount. Due to its terrain, the interior of Viti Levu is sparsely inhabited.

The majority of Fiji's islands formed through volcanic activity starting around 150 million years ago. Some geothermal activity still occurs today, on the islands of Vanua Levu and Taveuni. The geothermal systems on Viti Levu are non-volcanic in origin, with low-temperature (c. 35–60 degrees Celsius) surface discharges. Sabeto Hot Springs near Nadi is a good example. Humans have lived in Fiji since the second millennium BC—first Austronesians and later Melanesians, with some Polynesian influences. Europeans visited Fiji from the 17th century onwards, and, after a brief period as an independent kingdom, the British established the Colony of Fiji in 1874. Fiji operated as a Crown colony until 1970, when it gained independence as the Dominion of Fiji. A military government declared a Republic in 1987 following a series of coups d'état. In a coup in 2006, Commodore Frank Bainimarama seized power. When the High Court ruled the military leadership unlawful in 2009, President Ratu Josefa Iloilo, whom the military had retained as the nominal Head of State, formally abrogated the 1997 Constitution and re-appointed Bainimarama as interim Prime Minister. Later in 2009, Ratu Epeli Nailatikau succeeded Iloilo as President. After years of delays, a democratic election took place on 17 September 2014. Bainimarama's FijiFirst party won 59.2% of the vote, and international observers deemed the election credible.

Language

Fijian dollar (English)  Dollaro delle Figi (Italiano)  Fiji-dollar (Nederlands)  Dollar de Fidji (Français)  Fidschi-Dollar (Deutsch)  Dólar de Fiji (Português)  Доллар Фиджи (Русский)  Dólar fiyiano (Español)  Dolar Fidżi (Polski)  斐濟元 (中文)  Fijidollar (Svenska)  Dolar fijian (Română)  フィジー・ドル (日本語)  Фіджійський долар (Українська)  Фиджийски долар (Български)  피지 달러 (한국어)  Fidžin dollari (Suomi)  Dolar Fiji (Bahasa Indonesia)  Fidžio doleris (Lietuvių)  Fidžijský dolar (Česky)  Fiji doları (Türkçe)  Фиџијски долар (Српски / Srpski)  Fidžijský dolár (Slovenčina)  Fidzsi dollár (Magyar)  Fidžijski dolar (Hrvatski)  Fidži dolārs (Latviešu)  Δολάριο Φίτζι (Ελληνικά) 
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