FJD

The Fijian dollar, abbreviated as FJD, is the official currency of Fiji. The ISO 4217 code is FJD and the currency is commonly symbolized as FJ$, though a plain dollar sign is also used. It is subdivided into 100 cents.

The Fijian dollar was introduced in 1969, following decimalization of Fiji’s monetary system and the transition from the Fiji pound. The currency is issued by the Reserve Bank of Fiji, the country’s central bank, which is responsible for monetary policy, bank supervision, and the production of coins and banknotes.

The FJD is used for all domestic transactions within Fiji and is not typically used outside the country, though it can be exchanged in international markets for travel, trade, and investment. The currency is managed through a monetary policy framework that includes the Bank’s oversight of liquidity and exchange rates. The FJD is not a major international reserve currency, and its value is influenced by domestic economic conditions, tourism flows, and Fiji’s balance of payments, with occasional intervention by the Reserve Bank to help stabilize the exchange rate.

Coins and banknotes are issued in various denominations, featuring national symbols, flora, and important cultural imagery. The Reserve Bank of Fiji implements security features in newer issues to combat counterfeiting and to reflect evolving monetary standards. Overall, the Fijian dollar serves as the medium of exchange and store of value for Fiji’s residents and visitors, reflecting the island nation’s economy and monetary policy framework.