1 Fiji Dollar
The 1 Fiji dollar is the currency of Fiji, a small island nation located in the Pacific Ocean. It is divided into 100 cents and is issued by the Reserve Bank of Fiji.
History
The Fiji dollar was introduced in 1969, replacing the Fijian pound at a rate of 1 pound to 2 dollars. Since then, the currency has undergone several changes, including the introduction of new banknotes and coins.
Design
The 1 Fiji dollar coin is made of copper-nickel and features a portrait of Queen Elizabeth II on the obverse side. The reverse side depicts a traditional Fijian sailboat, known as a "drua".
The 1 Fiji dollar banknote features a portrait of Sir Seretse Khama, a Fijian chief and statesman, on the obverse side. The reverse side shows a depiction of the Fiji Crest, which features a lion, a cakoba (a Fijian war club), and a takia (a Fijian ceremonial vessel).
Security Features
The 1 Fiji dollar banknote has several security features to prevent counterfeiting, including:
- Watermark: A transparent image of Sir Seretse Khama
- Security Thread: A thread that glows pink when held under UV light
- Microprinting: Small text that reads " Reserve Bank of Fiji"
- Colour-Shifting Ink: The numeral "1" changes from copper to green when tilted
Economy
Fiji's economy is primarily driven by agriculture, with sugar, coconuts, and ginger being major exports. The country is also known for its tourism industry, with visitors drawn to its beautiful beaches and coral reefs.
In recent years, Fiji has faced economic challenges, including a decline in sugar production and a rise in debt. However, the country is working to diversify its economy and improve its infrastructure.
Conclusion
The 1 Fiji dollar is an important part of Fiji's economy and culture. Its unique design and security features make it a distinctive currency in the Pacific region. As Fiji continues to grow and develop, the 1 Fiji dollar will remain an integral part of the country's identity.
