Ni-Vanuatu Vatu

Ni-Vanuatu Vatu

The vatu (sign: VT; ISO 4217: VUV) is the currency of Vanuatu. The vatu has no subdivisions.

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

17 Ni-Vanuatu Vatu to Danish Krone exchange rates chart

17 VUV to DKK exchange rates graph
17 VUV to DKK Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

17 VUV to DKK exchange rates table

Exchange VUV to DKK
17 Ni-Vanuatu Vatu = 0.977 Danish Krone
34 Ni-Vanuatu Vatu = 1.953 Danish Krone
85 Ni-Vanuatu Vatu = 4.883 Danish Krone
170 Ni-Vanuatu Vatu = 9.766 Danish Krone
Exchange Ni-Vanuatu Vatu to Danish Krone
17 Ni-Vanuatu Vatu to Danish Krone Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

17 VUV to DKK exchange rates news

Vanuatu women benefit from food stalls scheme near nakamal

A scheme allowing Vanuatu women to set-up food stalls near nakamals, or kava clubs, is making an impression on patrons.

about 2 months indicative positive
Pacific Telcos Partner To Bring Greater Financial Access To Ni-Vanuatu | Fiji Sun
Pacific Telcos Partner To Bring Greater Financial Access To Ni-Vanuatu | Fiji Sun

Telecom Vanuatu Limited (TVL) announced last Wednesday, the pilot of its new mobile money platform. Provisionally named ‘M-Vatu’, the service uses Vodafone Fiji’s mobile money platform M-PAiSA. Since Vodafone Fiji...

2 months conditional neutral
In praise of kava
In praise of kava

While politicians debates the pros and cons of decriminalising cannabis, another even safer soft drug is already freely available in New Zealand. Scott Hamilton explores the history and importance of kava in the Pacific Islands, and why it could be the drug of New Zealand's future. New Zealand

over 1 year conditional neutral
Vanuatu’s Tanna Coffee secures $656,000 impact investment
Vanuatu’s Tanna Coffee secures $656,000 impact investment

Vanuatu coffee producer Tanna Coffee has secured a $656,000 investment from impact investors in a milestone deal for the region, facilitated by TDi

over 1 year conditional positive

17 VUV to DKK currency converter