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LOCAL CURRENCY IN FIJI

Want to know how much is your money worth in Fiji? The money used in Fiji is called Dollar.

The Fijian Dollar is issued and managed by the Reserve Bank of Fiji. To find out the current currency exchange rates for Dollar to other major currencies of the world, click on foreign currency rates.

Fijian Currency Information
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The currency used in Fiji is called as the Dollar. This currency is denoted with the currency sign FJ$ and the ISO 4217 Code for the Fijian Dollar is FJD. The Dollar, is the official currency of the Fiji . It is divided into 100 smaller units called cent.

The constitution of Fiji provides that the Fiji government shall have the power to print the Fijian Dollar and cent coins to be used as a legal tender in Fiji. The Fijian Dollar bank notes and Cent coins are both designated as "legal tender" in payment of debts.

The Fijian Dollar bill uses the decimal system, consisting of 100 equal units.

The symbol FJ$, usually written before the numerical amount, is used for the Fijian Dollar.

Currently printed bank notes denominations are $2, $5, $10, $20, $50, $100 and the coins are minted in the denominations of 5¢, 10¢, 20¢, 50¢, $1, .

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The Effect of Balance of Trade and Investment on the Value of Fijian Dollar
Financial analysts regularly cite the balance of trade and investment in Fiji as the most important influence on the value of the Dollar. The difference between what the Fiji exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Dollar exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Dollar exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Fijian Dollar.
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