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The Fijian dollar (: FJ$, ; currency code: FJD) has been the of since 1969 and was also the currency between 1867 and 1873. It is normally abbreviated with the $, or alternatively FJ$ to distinguish it from other -denominated currencies. It is divided into 100 cents.


History

Decimalisation origins
Fiji followed the pattern of , , and in that when it adopted the , it decided to use the half pound unit as opposed to the pound unit of account. The choice of the name was motivated by the fact that the reduced value of the new unit corresponded more closely to the value of the US dollar than it did to the .


Second dollar (1969–present)
The dollar was reintroduced on 15 January 1969, replacing the at a rate of 1 pound = 2 dollars, or 10 = FJ$1. Despite Fiji having been a since 1987, coins and banknotes continued to feature until 2013, when her portrait was replaced with pictures of plants and animals.


Coinage
In 1969, coins were introduced in denominations of 1c, 2c, 5c, 10c & 20c, with a 50c coin issued in 1975. The coins had the same sizes and compositions as the corresponding Australian coins, with the 50 cents matching the dodecagonal type introduced in Australia in 1969. In 1990, new compositions were introduced, with copper-plated zinc used for the 1¢ and 2¢ coins, and nickel-plated steel for the 5c, 10c, 20c & 50c. An aluminium-bronze coin was introduced in 1995, replacing the note. 2009 saw the introduction of a new smaller coinage from 5 to 50 cents. These were struck by the Royal Canadian Mint and are made with the three-ply electroplate method. The 1 and 2 cents were also discontinued and withdrawn the same year. A thinner brass plated steel coin was later introduced in 2010, gradually phasing out the older type.

In 2013 Fiji released a whole family of new coins, with fauna themes, and without the Queen's portrait. This new series saw the introduction of a coin, replacing the corresponding note just as the coin had done before. This coin faced controversy due to being too easily mistaken as a , as it was only slightly larger of the same colour. It was replaced by a larger and thicker shaped coin in 2014. The metallic content of both the and was also changed in 2014 for better durability and resistance to wear after widespread complaints of the coins corroding and "turning black".

5cthree ply nickel-clad steelLali (drum)
10cI ulã tavatava (throwing club)
20cTabua (whale's tooth)
50cCamakau (traditional outrigger canoe)
three ply nickel-clad brassSaqãmoli (drinking vessel)
Tanoa (kava bowl)


Banknotes

First dollar
In 1867, the government treasury issued 1 dollar notes. These were followed by notes for , , , and issued between 1871 and 1873. Also between 1871 and 1873, King Seru Epenisa Cakobau issued notes in denominations of ¢, 25¢, 50¢, 100¢ and . (on Ovalau island) issued and notes during the 1870s.


Second dollar
On 15 January 1969, the government introduced notes in denominations of 50 cents, , , , and ; the note was not issued until 1970. The Central Monetary Authority took over the issuance of paper money in 1974, issuing the same denominations, although the 50c note was replaced by a coin on 3 March 1975. In 1986, the Reserve Bank of Fiji began issuing notes. The note was replaced by a coin in 1995. The note was introduced in 1996, followed by a note on 10 April 2007. Banknote denominations in circulation as of 2017 are: , , , and .


2007 Series
"109" – Fiji 2 Dollars from http://banknote.ws/ 131 × 67 mmGreenMohar (sovereign locket); domodomo (canoe masthead) as registration device; Queen Elizabeth II; Fijian coat of armsChildren, National Stadium in Suva, Korobas mountains200710 April 2007Fijian head and electrotype 2
"110" – Fiji 5 Dollars from http://banknote.ws/ 136 × 67 mmBrownKatoni Masima; domodomo (canoe masthead) as registration device; Queen Elizabeth II; Fijian coat of armsMount Valili, Fiji Crested Iguana, Balaka palm, 200710 April 2007Fijian head and electrotype 5
– "111" Fiji 10 Dollars from http://banknote.ws/ 141 × 67 mmPurplei Buburau ni Bete; domodomo (canoe masthead) as registration device; Queen Elizabeth II; Fijian coat of armsJoske's Thumb; Grand Pacific Hotel200710 April 2007Fijian head and electrotype 10
146 × 67 mmBlueFoa; domodomo (canoe masthead) as registration device; Queen Elizabeth II; Fijian coat of armsFish processing; cutting lumber; mining; train; Mount Uluinabukelevu2007 "112" – Fiji 20 Dollars from http://banknote.ws/10 April 2007Fijian head and electrotype 20
151 × 67 mmRedWasekaseka; domodomo (canoe masthead) as registration device; Queen Elizabeth II; Fijian coat of armsCeremonial presentation of and 2007 "113" – Fiji 50 Dollars from http://banknote.ws/10 April 2007Fijian head and electrotype 50
156 × 67 mmYellowBuli Kula; domodomo (canoe masthead) as registration device; Queen Elizabeth II; Fijian coat of arms.Map of Fiji; Tourism200710 April 2007Fijian head and electrotype 100


2012 Series

"110" – Fiji 5 Dollars from http://banknote.ws/
136 × 67 mmGreenKatoni Masima; domodomo (canoe masthead) as registration device; ; Fijian coat of armsMount Valili, Fiji Crested Iguana, Balaka palm, 20122 January 2013Fijian head and electrotype 5

– "111" Fiji 10 Dollars from http://banknote.ws/
141 × 67 mmPurplei Buburau ni Bete; domodomo (canoe masthead) as registration device; ; Fijian coat of armsJoske's Thumb; Grand Pacific Hotel20122 January 2013Fijian head and electrotype 10

"112" – Fiji 20 Dollars from http://banknote.ws/
146 × 67 mmBlueFoa; domodomo (canoe masthead) as registration device; MacGillivray's petrel; Fijian coat of armsFish processing; cutting lumber; mining; train; Mount Uluinabukelevu20122 January 2013Fijian head and electrotype 20

"113" – Fiji 50 Dollars from http://banknote.ws/
151 × 67 mmRedWasekaseka; domodomo (canoe masthead) as registration device; Tagimoucia flower; Fijian coat of armsCeremonial presentation of and 20122 January 2013Fijian head and electrotype 50

"114" – Fiji 50 Dollars from http://banknote.ws/
156 × 67 mmYellowBuli Kula; domodomo (canoe masthead) as registration device; Nanai (Fiji cicada); Fijian coat of arms.Map of Fiji; Tourism20122 January 2013Fijian head and electrotype 100


Commemorative banknotes
  • 2000 2 Dollars – Millennium
  • 2000 2,000 Dollars – Millennium
  • 2017 7 Dollars – Victory of the Fijian rugby sevens team at the 2016 Summer Olympics in Rio de Janeiro.
  • 2020 50 Dollars – Fiji's 50th Independence Anniversary.
  • 2022 7 Dollars - Fijian Rugby 7s. at the Olympic Games in Tokyo, Japan [11]
  • 2022 88 Cents - Chinese God of Wealth
  • 2023 100 Cents - Lunar New Year and the Year of the Dragon


Current status and value
On 16 August 2005, Finance Minister announced that the Cabinet had approved the introduction of a banknote and the withdrawal of the 1 and 2 cent coin, as the minting cost exceeded its face value. Kubuabola said that the banknote would measure 156 × 67 , with the other banknotes receding at 5 mm towards the lowest banknote denomination. The portrait of Queen Elizabeth II would remain on all banknotes, he added, obviously in answer to calls from some politicians to remove the Queen's portrait from the currency after 18 years as a . Fiji is, however, a member of the Commonwealth, and Queen Elizabeth was recognized as Paramount Chief of the Great Council of Chiefs of Fiji until her death on 8 September 2022. Her portrait was updated to a more mature one, which was released in 2007, becoming the fourth portrait of the Queen to appear on Fijian currency.

In 2009, the demonetization of the 1 and 2 cent coins was made official and a new coin set of 5, 10, 20, and 50 cent coins with reduced size were introduced. The old coins based on the Australian size standard were withdrawn from circulation. The reformed coins were introduced to save on production costs. The new 50 cent piece is also round with reeded edges rather than twelve-sided. On 2 March 2011, it was announced that Fiji would drop Queen Elizabeth II's portrait from its coins and notes, instead opting for local and . The removal was seen as retaliation for Fiji's suspension from its full membership of the Commonwealth. The new set, which was unveiled on 12 December 2012, was issued on 2 January 2013. The new series of Fijian coins include a brass-plated steel coin intended to replace the note, and a thinner, reduced weight coin. The new series of Fijian dollar banknotes feature Fijian flora and fauna to replace the portrait of Queen Elizabeth II. One change in the redesign of the Fijian dollar banknotes was the note. Originally printed on paper, it is now issued as a . Fiji new 2012 flora and fauna series confirmed , BanknoteNews.com. 30 January 2013. Retrieved on 2013-02-04.

plastic-coated notes were introduced in 2007, featuring images of local people, culture, trade and industry. Their sizes vary among denominations.

A new series of notes, the "Flora and Fauna" design series, was introduced in 2013, featuring endemic flora and fauna. The image of Queen Elizabeth II no longer features in the new banknote series. The note, now coined, ceased to be legal tender on 31 March 2013 and the note is now printed in green, a change from its previous tawny and brown colour scheme. The new note, the first banknote from the "Flora and Fauna" design series, entered into circulation on 2 April 2013.


See also
  • Economy of Fiji
  • Australian dollar
  • New Zealand dollar
  • Solomon Islands dollar


External links

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