Vatu


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Related to Vatu: Vastu

Vatu

The currency of Vanuatu. It was introduced when Vanuatu became independent in 1982, replacing the New Hebrides franc and the Australian dollar. It has no subdivisions; as a result, large transactions are sometimes quoted in "dollars," though the currency has no current relationship to the Australian dollar.
References in periodicals archive ?
This can often be signalled by the necessity to give both pigs/pandanus textiles/shells/stones and vatu together.
For all others, the local chiefs have set the price at 40,000 vatu.
Extract from the decision of the civil division of the Port Vila Tribunal, rendered 10 July 1992 in the Re the Nagol Jump, Assal & Vatu v The Council of Chiefs of Santo case.
Before independence, a tourist had to pay 3700 Vatus (VT) to attend the Nagol.
The average on Ambrym is often lower than the national standard of 80 000 vatu.
The envelope given had contained the bride price, which I later heard had been somewhere near to 200 000 vatu, in cash.
An example of a case where a huihui payment, made by a man, was deemed to not be heritable through his wife, was found in an investigation of primary rights over another property, Vatu Tuguru (Fig.
15] The ambiguity regarding the heritability by women, of huihui contributions made by their husbands or siblings, as shown in the Tapuru and Vatu Tuguru (Foale 1997, in press) examples, raises interesting matters.