Fijian Dollar (FJD)

Basic Concepts of the Fiji Dollar

The Fiji Dollar is the legal tender of the Republic of Fiji, with the international standardized code FJD, usually denoted by the symbol "FJ$". It is issued and managed by the Reserve Bank of Fiji and is used for all economic transactions and foreign exchange within Fiji.

Countries of Use

The Fiji Dollar is mainly circulated in the Republic of Fiji, an island nation located in the South Pacific Ocean. It is not shared with other countries or regions, but major international currencies such as the U.S. Dollar may also be accepted by some merchants in Fiji's tourist areas.

Units and Denominations

The Fijian dollar is based on the decimal system, with 1 Fijian dollar equaling 100 cents. Coin denominations include 5 cents, 10 cents, 20 cents, 50 cents, $1 and $2, while banknotes are available in denominations of $5, $10, $20, $50 and $100, with banknote designs often reflecting elements of Fiji's natural landscape and culture.

Historical Background

The Fiji Dollar was first issued in 1969, replacing the previous Fiji Pound, in order to simplify the monetary system and accommodate decimal reform. Since independence, the Fiji Dollar has undergone many design updates and economic fluctuations, but has always served as a symbol of national sovereignty and underpinned Fiji's economic development and international trade.