The currency abbreviation for the Vanuatu vatu , the currency for Vanuatu. The Vanuatu vatu has no subunit, and is often presented with the symbol Vt. Vanuatan residents refer to a notional dollar that equals 100 vatu, which comes from the period of 1966 to 1973 when the New Hebrides franc was pegged to the Australian dollar at a rate of 100 francs to 1 Australian dollar.
|||The vatu was first introduced to replace the New Hebrides franc at par after Vanuatu claimed its independence. After this replacement, the Australian dollar was no longer accepted as a currency in the nation.
