Tuvaluan Dollar

Tuvaluan Dollar

The dollar is the currency of Tuvalu. From 1966 to 1976, Tuvalu officially used the Australian dollar. In 1976, Tuvalu began issuing its own coins for circulation, although these circulate alongside Australian coins and Tuvalu continues to use Australian banknotes. Similar to the Faroese króna's relationship to the Danish krone and the Panamanian balboa's relationship to the United States dollar, the Tuvaluan dollar is not an independent currency, but a variation of the Australian Dollar. The official international currency code is TVD.There is no central monetary institution or central bank in Tuvalu. The National Bank of Tuvalu performs some monetary functions for the government of Tuvalu including the holding of government accounts and foreign assets.Other currencies used in Tuvalu have been the Pound Sterling, prior to the introduction of the Australian dollar, as well as the US dollar, during the World War II American occupation of the islands. Gilbert and Ellice Islands banknotes have also been used on in Tuvalu, These notes were cashier's cheques backed in Pounds rather than an official, independent currency. The Yen backed Oceania pound was used in parts of the Gilberts (now Kiribati), but Japanese influence never actually reached the Ellice Chain (now Tuvalu).

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

1 Tuvaluan Dollar to Canadian Dollar exchange rates chart

1 TVD to CAD exchange rates graph
1 TVD to CAD 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.

1 TVD to CAD exchange rates table

Exchange TVD to CAD
1 Tuvaluan Dollar = 0.955 Canadian Dollar
2 Tuvaluan Dollar = 1.910 Canadian Dollar
5 Tuvaluan Dollar = 4.775 Canadian Dollar
10 Tuvaluan Dollar = 9.549 Canadian Dollar
Exchange Tuvaluan Dollar to Canadian Dollar
1 Tuvaluan Dollar to Canadian Dollar 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.

1 TVD to CAD exchange rates news

Transferring money to Philippines from Canada | Philippine Canadian Inquirer
Transferring money to Philippines from Canada | Philippine Canadian Inquirer

Transfer of funds between countries. A struggle we all know all too well, but seems like wherever we turn our head, there are more fees lurking in the...

10 days indicative neutral
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

10 days indicative negative

1 TVD to CAD currency converter