Central Banking

Fiji's new $5 note is island nation's polymer pioneer

fiji5dollars

The Reserve Bank of Fiji (RBF) today said its new FJ$5 ($2.81) banknote will enter circulation on April 2 as the first polymer banknote in Fiji. The note issuance was described by the central bank as "a significant step towards achieving greater banknote durability" and "towards minimising currency acquisition costs".

The FJ$5 note will be the smallest-denomination note in the Fijian currency, now that the FJ$2 note has been withdrawn from circulation and replaced with a FJ$2 coin. The FJ$2 note

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