Description
The vatu is the official currency of Vanuatu. The official currency symbol: VT.
The vatu was introduced in 1981 to replace the New Hebrides franc at par. Two years later, the Central Bank of Vanuatu issued coins in denominations of 1, 2, 5, 10, 20, and 50 vatu. The Reserve Bank of Vanuatu stopped issuing 1 and 2 vatu coins in 2011, as they had become obsolete due to inflation. The Royal Australian Mint issued new coins in 2015 as part of a coinage reform. These coins are in denominations of 5, 10, 20, 50, and 100 vatu.
The 50 Vanuatu vatu coin front design features the Coat of Arms of Vanuatu and the issue date. The reverse of the coin presents the denomination and a kava plant followed by a coconut sprout. This coin is part of the 2015 series, its rim is fluted, and its color is silver.
Text: 2015 RIPABLIK BLONG VANUATU LONG GOD YUMI STANAP 50 VATU