The franc was the currency of the Anglo-French Condominium of the Pacific island group of the New Hebrides (which became Vanuatu in 1980). It circulated alongside British and later Australian currency. The New Hebrides franc was nominally divided into 100 centimes, although the smallest denomination was the 1 franc. Between 1945 and 1969, it was part of the CFP franc. The New Hebrides are an island group in the South Pacific that now form the nation of Vanuatu. ... Centime is French for cent, and is used in English as the name of the fraction currency in several Francophone countries (including Switzerland and formerly France), where it is one hundredth of a franc. ... Tax rates around the world Tax revenue as % of GDP Economic policy Monetary policy Central bank   Money supply Fiscal policy Spending   Deficit   Debt Trade policy Tariff   Trade agreement Finance Financial market Financial market participants Corporate   Personal Public   Banking   Regulation        The ECB building in Frankfurt A central bank, reserve bank or... ISO 4217 Code XPF User(s) New Caledonia, French Polynesia, and Wallis and Futuna Inflation 2. ... The Anglo-French United Kingdom and France in 1906 to govern the islands of the New Hebrides. ... The New Hebrides are an island group in the South Pacific that now form the nation of Vanuatu. ... Year 1980 (MCMLXXX) was a leap year starting on Tuesday (link displays the 1980 Gregorian calendar). ... Centime is French for cent, and is used in English as the name of the fraction currency in several Francophone countries (including Switzerland and formerly France), where it is one hundredth of a franc. ... ISO 4217 Code XPF User(s) New Caledonia, French Polynesia, and Wallis and Futuna Inflation 2. ...

History

Until the Second World War, the New Hebrides used the French franc and the British and Australian pounds. In 1941, the Free French forces introduced paper money for circulation on the New Hebrides. In 1945, the CFP franc was introduced to insulate France's Pacific colonies from the devaluation of the French franc and the New Hebrides used a combination of New Caledonian franc coins and locally issued notes. Mushroom cloud from the nuclear explosion over Nagasaki rising 18 km into the air. ... ISO 4217 Code FRF User(s) Monaco, Andorra, France except New Caledonia, French Polynesia, and Wallis and Futuna ERM Since 13 March 1979 Fixed rate since 31 December 1998 Replaced by €, non cash 1 January 1999 Replaced by €, cash 1 January 2002 € = 6. ... User(s) Australia Pegged with British pound at par, and then A£1 = GB 16/- (£0. ... The Free French Forces (Forces Françaises Libres in French) were French fighters who decided to go on fighting against Germany after the Fall of France and German occupation and to fight against Vichy France in World War II. General Charles de Gaulle was a member of the French Cabinet... ISO 4217 Code XPF User(s) New Caledonia, French Polynesia, and Wallis and Futuna Inflation 2. ... ISO 4217 Code FRF User(s) Monaco, Andorra, France except New Caledonia, French Polynesia, and Wallis and Futuna ERM Since 13 March 1979 Fixed rate since 31 December 1998 Replaced by €, non cash 1 January 1999 Replaced by €, cash 1 January 2002 € = 6. ... The franc is the currency of New Caledonia and Wallis and Futuna. ...

In 1949, the CFP franc's relationship to the French franc stablized at 5.5 French francs = 1 CFP franc. From 1959, the exchange rate to the Australian pound was almost exactly 200 francs = 1 pound. This rate became 100 francs = 1 Australian dollar in 1966 when the dollar was introduced. The Australian dollar circulated alongside the local currency. The Australian pound was Australias currency from 1910 to 1966. ... ISO 4217 Code AUD User(s) Australia, Kiribati, Nauru, Tuvalu, Christmas Island, Cocos (Keeling) Islands, and Norfolk Island Inflation 1. ...

From 1966, coins were produced in the name of the New Hebrides. In 1969, the New Hebrides franc broke away from the CFP franc and maintained the relationship with the Australian dollar of 100 francs = 1 dollar until 1973. In 1982, the franc was replaced at par by the vatu following independence as Vanuatu. At the same time, the Australian dollar ceased to officially circulate. ISO 4217 code: VUV Symbol: none 1/100th unit: none Introduced in: ? Exchange Rates September 2005 USD exchange: 111 EUR exchange: 139 GBP exchange: 205 The vatu (ISO 4217: VUV, sometimes Vt) is the official currency of Vanuatu. ...

Coins

In 1966, silver 100 franc coins were introduced. These were followed by nickel 10 and 20 francs in 1967, nickel-brass 1, 2 and 5 francs in 1970 and nickel 50 francs in 1972. Only the nickel coins (10, 20, and 50 francs) were the same size, composition, and obverse as the corresponding French Polynesian and New Caledonian coins. The franc is the currency of New Caledonia and Wallis and Futuna. ...

The overall design has not changed since the introduction of the New Hebrides franc coins. The only notable change is the addition of "I.E.O.M" (Institut d'émission d'Outre-Mer) in 1973. ISO 4217 Code XPF User(s) New Caledonia, French Polynesia, and Wallis and Futuna Inflation 2. ...

Banknotes

The first New Hebridian banknote was issued in 1921, a 25 franc note of the Comptoirs Français des Nouvelles Hébrides (French Trading Posts of the New Hebrides) dated 22 Aout (August) 1921. This is a very rare note. The New Hebrides began issuing banknotes again in 1941. These were overprints on New Caledonian banknotes (issued by the Banque de l'Indochine), in denominations of 5, 20, 100, 500 and 1000 francs. The same denominations were issued in 1943 by the Free French Services Nationaux Français des Nouvelles Hébrides. The Free French Forces (Forces Françaises Libres in French) were French fighters who decided to go on fighting against Germany after the Fall of France and German occupation and to fight against Vichy France in World War II. General Charles de Gaulle was a member of the French Cabinet...

In 1965, the Institut d'Emission d'Outre-Mer took over the issuance of paper money on the New Hebrides and introduced notes in denominations of 100, 500 and 1000 francs between 1965 and 1972. Unlike the French Polynesian and New Caledonian counterparts, New Hebrides never had a 5000 franc note.

See also

• CFP franc
• New Caledonian franc
• French Polynesian franc

ISO 4217 Code XPF User(s) New Caledonia, French Polynesia, and Wallis and Futuna Inflation 2. ... The franc is the currency of New Caledonia and Wallis and Futuna. ... The franc is the currency of French Polynesia. ...

References

The Standard Catalog of World Coins is a series of numismatic catalogues that is commonly known as the Krause catalogues in the numismatic trade. ... The Standard Catalog of World Paper Money is a very well-known catalogue of banknotes that is published by Krause Publications in three volumes. ... The Reserve Bank of Vanuatu is the central bank of Vanuatu. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 201st day of the year (202nd in leap years) in the Gregorian calendar. ...

External links

• Don's World Coin Gallery - New Hebrides
• Ron Wise's World Paper Money - New Hebrides ^{Mirror site}
• The Global History of Currencies - New Hebrides
• Global Financial Data currency histories table ( Microsoft Excel format)