1 Dollar Fiji: A Brief Overview
Introduction
The 1 dollar Fiji is the official currency of Fiji, a small island nation located in the Pacific Ocean. It is subdivided into 100 cents and is issued by the Reserve Bank of Fiji. The currency is an important part of Fiji's economy and is used in everyday transactions.
History
The 1 dollar Fiji was introduced in 1969, replacing the Fijian pound at a rate of 1 pound to 2 dollars. The introduction of the dollar was part of a broader effort to decimalize the country's currency system. Since then, the 1 dollar Fiji has undergone several design changes, with the most recent being in 2013.
Design
The 1 dollar Fiji features a portrait of Queen Elizabeth II on the obverse (front side), while the reverse (back side) features the Fijian Coat of Arms. The coat of arms includes a lion at the top, a shield with the Cross of St. George, a bunch of bananas, a bunch of sugar canes, and a coconut tree.
Security Features
The 1 dollar Fiji has several security features to prevent counterfeiting. These include:
- Watermark: A transparent image of the Queen's portrait
- Security thread: A thin, embedded strip that glows pink when held under UV light
- Micro-lettering: Tiny text that reads "RBF" (Reserve Bank of Fiji) repeatedly
- Color-shifting ink: The numeral "1" changes color from copper to green when tilted
Uses
The 1 dollar Fiji is widely accepted in Fiji and is used in everyday transactions, such as:
- Purchasing goods and services
- Paying bills
- Exchanging for other currencies
Interesting Facts
- The 1 dollar Fiji is one of the most widely traded currencies in the Pacific region.
- Fiji is one of the few countries that uses a dollar as its official currency.
- The 1 dollar Fiji is also used as a souvenir by tourists visiting Fiji.
Conclusion
The 1 dollar Fiji is an important part of Fiji's economy and culture. Its unique design and security features make it a popular currency among collectors and traders. Whether you're a tourist or a collector, the 1 dollar Fiji is definitely worth learning more about.
