29 Nov 2012

Fiji drops Queen's image from its money

3:00 pm on 29 November 2012

Fiji is replacing the image of the Queen on its banknotes and coins.

The Reserve Bank of Fiji says the new designs will be officially unveiled by the President, Ratu Epeli Nailatikau on the 12th of December and come into use from the beginning of next year.

The Bank's governor, Barry Whiteside, says flora and fauna designs of Fiji will replace the portrait of the Queen across all denominations.

Mr Whiteside says members of the Royal Family have featured on Fiji's currency since 1934.

He says while it is sad the transition is taking place, it is time for Fiji to move forward and promote its own unique national treasure and biodiversity.

The Bank is also planning to introduce a two dollar coin for the first time, replacing the two dollar note.