Banque Centrale de Vanuatu Currency & Banknote Values

The Greysheet Catalog (GSID) of the Banque Centrale de Vanuatu series of Vanuatu in the World Currency contains 8 distinct entries with CPG^® values between $1.00 and $425.00.

Five months after the birth of the nation in 1980, Vanuatu’s parliament approved the Central Bank Act, establishing the Banque Centrale de Vanuatu (Central Bank of Vanuatu, CBV), an institution owned by the government. The bank began operations on 1 January 1981, when it took over the relevant assets and liabilities of the Institute d’Emission. On that date, the New Hebrides franc was renamed the vatu (Bislama: stone). A month later, the bank began making arrangements for the design and production of the new vatu currency which would replace the New Hebrides francs and Australian dollars then in circulation (from 1966 to 1973, the New Hebrides franc was pegged to the Australian dollar at a rate of 100 francs = 1 dollar; local residents still sometimes refer to a notional dollar equal to 100 vatu). Meanwhile, the Banque de l’Indochine et de Suez was appointed to act as the Central Bank of Vanuatu’s agent to issue currency, which commenced on 22 March 1982.