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The dollar is the currency of Tuvalu. From 1966 to 1976, Tuvalu used the Australian dollar. In 1976, Tuvalu began issuing its own coins for circulation, although these circulate alongside Australian coins and Tuvalu continues to use Australian banknotes. Similar to the Faroese króna's relationship to the Danish krone, the Tuvaluan dollar is not an independent currency but has been assigned an ISO 4217 currency code, although it is treated as equivalent to the Australian dollar.
For earlier currency used in Tuvalu, see Oceania pound.
In 1976, coins were introduced in denominations of 1, 2, 5, 10, 20 and 50 cents and 1 dollar. The bronze 1 and 2 cents and the cupro-nickel 5, 10 and 20 cents were the same size and composition as the corresponding Australian coins. However, the round, cupro-nickel 50 cents was distinct from the dodecagonal Australian 50 cent coin and the nonogonal nine sided cupro-nickel 1 dollar coin predated the Australian 1 dollar coin by eight years. As in Australia, the 1 and 2 cent coins have been withdrawn from circulation but 2 dollar coins have not been introduced. In 1994, the queen's profile was changed in tandem with many other commonwealth states to a more up to date likeness.
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Tuvalu (alongside Australian dollar)
