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In the 1970s, revolutionary efforts brought about the establishment of the Central Bank of Vanuatu, and the country replaced the New Hebrides franc with its local currency, the vatu, in 1980. The first Vanuatu vatu banknotes were issued in 1982 and had similar designs, featuring the coat of arms of Vanuatu, a Melanesian chief holding a spear.. The local currency used in Vanuatu is the vatu (VTU), which comes in denominations of coins and notes. You should have in mind that you need to exchange your currency once you get over there because even though some of the restaurants and businesses in Port Vila may accept Australian dollars, the vatu is more widely accepted and it’ll make things much easier if you’re just using one currency.

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The national currency of Vanuatu is called the Ni-Vanuatu vatu and was introduced in 1982, a year after Vanuatu’s independence. It replaced the New Hebrides franc. The vatu is represented by the international code VUV and the symbol VT. In writing, the symbol comes after the value figure, as in 1VT.. The local currency is the Vanuatu Vatu (VUV). Small shops and local market stalls only accept Vatu. In Port Vila, you can use Australian dollars at some: shops, restaurants, and hotels. You can use credit cards in Port Vila, but they’re less widely accepted elsewhere. Ask your bank if your ATM card will work in Vanuatu.