Ni-Vanuatu Vatu to Canadian Dollar — exchange rate

Country of Circulation: Vanuatu

Currency Code, Symbol: VUV, VT

Denominations of coins in circulation: 1VT, 2VT, 5VT, 10VT, 20VT, 50VT, 100VT

Denominations of banknotes in circulation: 200VT, 500VT, 1,000VT, 2,000VT, 5,000VT, 10,000VT

History: The vatu (Vt) is the national currency of a republic in Melanesia called Vanuatu. In currency exchange and on the international market, the currency is known as VUV. The currency does not have any coinage.The state issues only small coins worth a few vatu. VUV has first been issued in 1982. It has replaced the New Hebrides franc that had lasted for some time. Since 2011, the country has stopped issuing coins worth 1 and 2 vatu, but they remain legal in use. The name translates as “a rock”. It is likely that it was chosen due to sounding similar to the country’s name.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More