Key facts
- Code
- none , ( KID unofficially)
- Symbol
- $
- 1 100
- cent
- Cent
- ¢
- Banknotes
- Australian notes circulate
- Coins
- 5¢, 10¢, 20¢, 50¢, $1 , $2
- User s
- Kiribati (alongside Australian dollar )
- Issuing authority
- Government of Kiribati
- Mint
- Not produced since 1992
- Inflation
- 0.5%
- Source
- The World Factbook , 2005 est.
- Pegged with
- Australian dollar at par
via Wikipedia infobox
~6 min read
Encyclopedic overview
The Kiribati dollar is one of the two official currencies of Kiribati. The Kiribati coins are pegged at 1:1 ratio to the Australian dollar, the other official currency of Kiribati. Kiribati coins were issued in 1979 and circulate alongside banknotes and coins of the Australian dollar. In present day, Kiribati coins are rare in comparison to Australian coins with the last minor emission made in 1992, and these old coins are now generally collector's items. The complete emissions of coins were made in 1979 and in 1989 for the tenth anniversary of independence.
History
Excerpted from Wikipedia’s “Kiribati dollar” article, available under the CC BY-SA 4.0 licence.