1 Dollar - Charles III Sweden

Niue has issued silver dollars under royal portrait licensing agreements since the early 1990s, operating as one of the Pacific's most prolific bullion and numismatic program hosts — a function of its currency union with New Zealand and the commercial latitude that arrangement permits. Charles III's accession in September 2022 triggered a wave of new effigy authorizations across Commonwealth and associated territories, with updated portrait dies prepared by the Royal Mint and distributed to licensing partners globally. The specific Jody Clark effigy used on post-2022 issues replaced the fifth Maklouf portrait of Elizabeth II that had appeared on Niuean dollars for three decades.