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: 7-November-2024

  USD    119.77

  JPY     0.7748

  NZD    71.14

  GBP    154.35

  AUD     78.72

  EUR    128.54

 

 

 

Key Indicators

 

INFLATION

June 2024 (Year Ended)
June 2024 (Year Average)

 2.2 %
 6.6%

GDP- Real growth

 

Official:

  •  2022

Source: Vanuatu Bureau of Statistics (VBoS)

 

5.2%

Projected:

  •  2023
  •  2024

Source: Macro Economic Committee (MEC) Estimates

 

3.0%
2.1%

FOREIGN RESERVES

Months of Import:
September  2024


 6.8

LIQUIDITY (September 2024)

Excess Reserve

31,088.4 MVT

MONEY & CREDIT (August 2024)

Money Supply (M2)

Net foreign Assets

Domestic Credit

Private sector credit

 

Narrow Money (M1)

 

122,295.3 MVT

85,265.5 MVT

61,815.8 MVT

 67,935.4 MVT


93,175.2 MVT

INTEREST RATES (September 2024)

RBV Policy Rate

91 Day RBV Notes

Weighted Average Deposit Rate (Aug 24)

Weighted Average Lending Rate (Aug 24)

 2.75%

0.68%

0.29%

 

8.56%