The Vanuatu Vatu (VUV) serves as the official currency of Vanuatu, an island nation located in the South Pacific Ocean. Represented by the symbol “VT,” the Vatu replaced the previous currency, the New Hebrides Franc, in 1982 following Vanuatu's independence from France and the United Kingdom.

Before the Vatu was introduced, Vanuatu, previously known as the New Hebrides, operated under a unique condominium arrangement between France and the United Kingdom. During this time, the New Hebrides Franc was utilized as the currency, alongside the Australian Dollar. After achieving independence on July 30, 1981, Vanuatu's government opted to establish the Vatu as the official currency in 1982.

The Reserve Bank of Vanuatu functions as the central bank of the nation, tasked with issuing and managing the Vatu. It also implements monetary policy and works to maintain the stability of the financial system.

The Vanuatu Vatu is divided into 100 cents; however, cents are no longer in circulation. Coins are available in denominations of 1, 2, 5, 10, 20, 50, and 100 Vatu, while banknotes can be found in denominations of 200, 500, 1,000, 2,000, 5,000, and 10,000 Vatu.

Vanuatu's economy is relatively small and primarily relies on agriculture, tourism, and financial services. The country is susceptible to natural disasters, which can significantly affect economic growth. In response, the government has enacted policies aimed at fostering economic development and diversification, with an emphasis on sustainable tourism, agriculture, and infrastructure investment.

The Vanuatu Vatu is the official currency of the island nation of Vanuatu. Since its introduction in 1982, it has been crucial to the country's economy, which heavily depends on agriculture, tourism, and financial services. The Reserve Bank of Vanuatu oversees the currency and implements monetary policy to ensure the financial system's stability.