WHAT IS FJD
FJD is the abbreviation for the Fijian dollar, which is the official currency of the Republic of the Fiji Islands. The Fijian dollar was the official currency of Fiji from 1867 to 1873, and again from 1969 through the present. In 1969 it replaced the Fijian pound. The currency sign for the Fijian dollar is $ or FJ$, which differentiates it from the U.S. dollar. The Fijian dollar is divided into 100 cents.
BREAKING DOWN FJD
FJC, the Fijian dollar has been the official currency of the Republic of the Fiji Islands, referred to as Fiji, since it replaced the Fijian pound in 1969. In 1969 the Fijian dollar replaced the Fijian pound at the rate of 2 Fijian dollars per Fijian pound. Since then the Fijian dollar has not been pegged to any other currency.
The Fijian dollar comes in $5, $10, $20, $50 and $100 bills of polymer-coated paper, and 5 cent, 10 cent, 20 cent, 50 cent, $1 and $2 coins that are either nickel-clad steel or nickel-clad brass. Through 2013 Fijian currency featured images of Queen Elizabeth, but the current bills and coins feature images of Fijian plants and animals. These new bills and coins are called the "Flora and Fauna" series. With the switch in image came a change in color of some of the bills.
History of FJD
The first Fijian dollar was issued in 1867 by the Fijian government treasury in $1 notes, and over the next several years the treasury released $5, $10, $25 and $50 notes. At the same time, the King of Fiji, King Seru Epenisa Cakobau issued his own notes in 12 1/2 cent, 25 cent, 50 cent, 100 cent and $5 denominations. These were replaced by the British pound and then the Fijian pound when Britain colonized Fiji in 1874.
The Fijian dollar was reintroduced in 1969 and Fiji became independent again as the Dominion of Fiji in 1970. It is currently the Republic of the Fijian Islands following a coup in 1987. This reintroduction of the Fijian dollar in 1970 happened at a rate of FJ$2 for every Fijian pound, but the Fijian dollar is independent of any other currency. With independence in 1970, Fiji became a member of the Commonwealth of Nations, a non-political organization of member nations, the majority of which had been part of the British Empire at one time or another. As a commonwealth, Fiji had images of Queen Elizabeth on its currency until 2013, when these images were replaced by images of plants and animals.