Catalog
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| Issuer | Reserve Bank of Vanuatu |
|---|---|
| Year | 2015-2022 |
| Type | Log in to see details |
| Value | 50 Vatu |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse script | Latin |
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| Edge | Reeded |
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| Additional information |
Vanuatu's coinage is managed by the Reserve Bank, established at independence in 1980 when the New Hebrides condominium — jointly administered by Britain and France in one of colonial history's more awkward arrangements — dissolved into the new nation. The vatu replaced the New Hebrides franc with no subdivision, an intentional simplification.
Nickel plated steel replaced the earlier nickel-brass composition for this denomination during this series, a cost-driven decision common across Pacific island issuers contending with small population bases and limited mint volume leverage.