Time Period: 1872-1874

Currency: 1st Fijian Dollar


Timeline

  • 23.07.1872
  • Currency law [Legal Tender Act] on the issuance of government paper money and the legal tender status of United States coins and paper money; effective immediately (?)
  • ??.??.1872
  • Start of issuance of government paper money

Valuation Regimes

  • 1872-1874
  • Fixed rate against US Dollar

Rate Arrangements

  • 23.07.1872
  • Fixed
  • US Dollar at 1 : 1
  • -


Time Period: 1874-1914

Timeline

  • 17.03.1874
  • Declaration of bankruptcy of the Fijian state by the British consul; Great Britain subsequently took over the financial administration and declared the FIjian paper money worthless
  • 13.10.1874
  • Proclamation of all the laws of New South Wales by the British colonial government (with no explicit mention of currency); effective immediately
  • 16.10.1875
  • Proclamation on the demonetization of the foreign silver coins; effective 31.12.1875:
    - US Dollar = 42 Pence Sterling
    - 5 French Francs = 36 Pence Sterling
  • 29.11.1881
  • Ordinance [Order in Council], declares the British Coinage Act, 1870 in force; effective by governor's proclamation on 11.03.1882


Time Period: 1914-1969

Currency: Fijian Pound


Timeline

  • 18.11.1913
  • Ordinance [Government Currency Notes Ordinance, No. 30] on the creation of a currency commission and the issuance of government paper money; effective immediately
  • 04.12.1914
  • Start of issuance of paper money
  • 25.07.1933
  • Ordinance [Currency Notes Ordinance, No. 6] on the devaluation of the Fijian Pound; effective 01.11.1933
  • 29.03.1934
  • Ordinance [Coinage Ordinance, No. 1] on the issuance of subsidiary coins; effective immediately (?)

Valuation Regimes

  • 1914-1969
  • Fixed rate against British Pound

Rate Arrangements

  • 04.12.1914
  • Fixed
  • British Pound at 1 : 1
  • 02.12.1931
  • Fixed
  • British Pound at 1 : 1.11
  • -9.9%
  • 26.11.1967
  • Fixed
  • British Pound at 1 : 1.045
  • +6.2%


Time Period: 1969-

Currency: Fijian Dollar


Timeline

  • 10.12.1965
  • Law [Decimal Currency Ordinance, cap. 200] on the introduction of a decimal currency; effective 14.02.1966
  • 13.01.1969
  • Start of currency exchange:
    - 13.01.1969: Start of issuance of the new banknotes and coins
    - the former paper money and coins were not demonetized

Valuation Regimes

  • 1969-1974
  • Fixed rate against British Pound
  • 1974-
  • Variable rate

Rate Arrangements

  • 13.01.1969
  • Fixed
  • British Pound at 1 : 1 : 2.09
  • ±0.0%
  • 25.10.1972
  • Fixed
  • British Pound at 1 : 1 : 1.98 [+5.6%]
  • +5.6%
  • 10.09.1973
  • Fixed
  • British Pound at 1 : 1 : 1.88 [+5.6%]
  • +5.3%
  • 25.02.1974
  • Variable
  • initially: US Dollar at 1 : 0.8
  • -1.8%


End-year Forex Rates (Units per US Dollar)