Author Topic: Fiji to Get New Coins and Banknotes  (Read 14823 times)

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Offline Bimat

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Fiji to Get New Coins and Banknotes
« on: March 01, 2011, 06:12:10 PM »
New coins and notes for Fiji

Tuesday, March 01, 2011

Fiji will soon trade in its $2 banknotes for $2 coins and the existing $5 ‘brown’ note will adopt the ‘green’ colour.

Cabinet today approved designs selected by the Currency Design Committee appointed to replace the portrait of Her Majesty Queen Elizabeth II on Fiji’s five banknotes and five coin denominations.

Prime Minister Commodore Voreqe Bainimarama says the designs selected are specific to Fiji and reflects our endemic flora and fauna.

Bainimarama says important and iconic flora and fauna of Fiji has been selected to replace Her Majesty Queen Elizabeth II’s portrait and to feature on the obverse side of the new $2 coin.

The tanoa on the Fiji 1cent coin will feature on the reverse side of the new $2 coin.

The new notes and coins will be in circulation from June 2012.

Report by : Shereel Patel

Source: Radio Fiji
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Online <k>

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Re: Fiji to Get New Coins and Banknotes
« Reply #1 on: March 01, 2011, 06:58:12 PM »
Excellent news. I've always been confused about why Fiji has had the Queen on its coin and banknotes. According to Wikipedia, Fiji became independent of Britain in 1970 and became a republic in 1987. It has had so many coups since then, and been in and out of the Commonwealth, that I'm never sure what the current situation is. Apparently it is legitimate to have an effigy of the Queen on your coins if you are a member of the Commonwealth, in which case it represents her position as Head of the Commonwealth, but more usually a country only uses her portrait if she is their Queen too, as in the case of Bermuda, Canada, Australia and New Zealand, etc.

Offline chrisild

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Re: Fiji to Get New Coins and Banknotes
« Reply #2 on: March 03, 2011, 11:33:57 AM »
I like how this article begins: "It might be four coups late, but the Republic of Fiji has finally dropped the image of Queen Elizabeth II from its currency." ;D  Also, it seems that the $2 note will be phased out when the equivalent coin is introduced ...

Christian

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Re: Fiji to Get New Coins and Banknotes
« Reply #3 on: March 03, 2011, 12:12:03 PM »
That article also states: "In the Pacific, the queen remains on the currencies of Australia, New Zealand, Papua New Guinea and the Solomons."

The Queen has never appeared on the banknotes and coins of Papua New Guinea. No monarch ever appeared on the coins of its predecessor, New Guinea. Whether New Guinea ever had its own banknotes, I don't know.

Offline chrisild

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Re: Fiji to Get New Coins and Banknotes
« Reply #4 on: March 03, 2011, 12:40:07 PM »
Not on Papua New Guinea circulation coins, right. Let's hope the rest of that article, and the other one, are accurate. :)

Christian

Offline Bimat

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Fiji to Get New Coins and Banknotes
« Reply #5 on: March 03, 2011, 06:19:21 PM »
Queen's head to be deleted from Fiji's banknotes

PTI, Mar 3, 2011, 07.16pm IST

LONDON: Fiji has decided to delete the Queen's head from all its coins and banknotes, amid diplomatic row over Britain's support for the removal of the country from the Commonwealth.

She will be replaced by engravings of native trees and animals when a new batch of currency is issued in June, the Daily Mail reported today.

Fiji has been at loggerheads with Britain since the UK supported the Commonwealth in removing the group of islands from its 53-nation membership.

Fiji, a former British colony, gained independence in 1970, continued to feature the Queen on its currency, but several coups since then have left other Commonwealth nations questioning whether its instability qualified it to remain a member.

The final decision to suspend Fiji from the Commonwealth came in 2009 after the government of military ruler Voreqe Bainimarama broke a promise to restore democracy following a bloodless coup in 2006.

Fiji Military commander Bainimarama is angry following the UK's decision to support its removal from the Commonwealth in what is now seen as retaliation to Britain's support of the suspension, Bainimarama said that the country's cabinet had accepted his recommendations for new designs on the nation's ten coin and note denominations - none of them featuring the Queen.

"Important and iconic flora and fauna of Fiji has been selected to replace her Majesty Queen Elizabeth II's portrait," said Bainimarama, who holds the titles of Prime Minister and Finance Minister among a number of other portfolios.

He gave no reason for the decision but observers said the rift with the British Government was believed to be behind the axing of the Queen.

In what was seen as a flexing of muscles in September last year, Bainimarama told the United Nations that he and his country demanded 'respect, dignity and equality'.

Although he did not mention international sanctions that had been brought against Fiji since the 2006 coup, he told the UN General Assembly that foreign policy had been 'revamped' as part of his reforms.

The shift in foreign policy, he said, "heralds the globalisation and maturity of Fiji".

Announcing the removal of the Queen's head from the currency today, Bainimarama did not specify what plants and animals would replace her image, but tourism officials say the nation is rich in lush vegetation and birdlife.

Source: Times of India


It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline malj1

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Re: Fiji to Get New Coins and Banknotes
« Reply #6 on: August 05, 2012, 05:07:48 AM »
A couple of quotes from today's Daily Mail.

'Fiji is to scrap the public holiday to mark The Queen’s birthday because the government there believes she is irrelevant'.

'The Queen’s likeness had already been removed from Fijian coins and has been replaced with images of local flora and fauna'.
Malcolm
Have a look at  my tokens and my banknotes.

Online <k>

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Re: Fiji to Get New Coins and Banknotes
« Reply #7 on: August 05, 2012, 01:43:18 PM »
Yes, I saw that Daily Mail article and realised it had got its facts wrong. The coins were not updated last year - the government merely announced its intention to do so.
« Last Edit: August 05, 2012, 01:57:00 PM by <k> »

Offline FosseWay

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Re: Fiji to Get New Coins and Banknotes
« Reply #8 on: August 05, 2012, 05:16:55 PM »
Daily Mail ... facts wrong

Really? That does surprise me!

Offline Bimat

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Fiji to Get New Coins and Banknotes
« Reply #9 on: August 07, 2012, 05:09:51 PM »
From Reserve Bank of Fiji's Annual Report:

"The Currency Review, that commenced a year earlier, progressed well in 2011. The objectives of the review comprised an upgrade of existing security features and the inclusion of Fiji’s flora and fauna on banknotes and coins.

In March 2011, Cabinet approved the coining of the $2denomination and the selected flora and fauna designs. Banknote and coin tenders were invited and awarded to De La Rue Currency and the Royal Canadian Mint, respectively.

All banknote and coin designs were finalised and approved in November 2011. In this regard, the RBF extends its sincere appreciation to the members of the Currency Design Committee for their commitment and guidance in selecting the flora and fauna designs for the new banknotes and coins family.

The new flora and fauna designed currency, including the new $2 coin, will be officially unveiled and launched in December 2012."

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Online <k>

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Re: Fiji to Get New Coins and Banknotes
« Reply #10 on: August 07, 2012, 05:40:32 PM »
...coin tenders were invited and awarded to...the Royal Canadian Mint

Sadly, this means we won't know who designed the coins, unless the RCM changes its policy of not revealing the designers of overseas coins. The Royal Australian Mint used to have such a policy, but it released the names of the designers of the recent Samoan set, so that policy must have changed.

The RCM is capable of good design, but its Ghana set, of recent years, was a disappointment. My favourite was its Zambia circulation set of 1992. I like the RCM's updates of the Bahamian set, but so far it has updated only the cent and the 10 cents coins, so there is a way to go yet. RCM also did Madagascar's polygonal tree coin (baobabs) of the 1990s. I liked their Ugandan set of 1998, and for once they eventually revealed the designer (not a well known one). Which other circulation sets have they designed?

Online <k>

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Re: Fiji to Get New Coins and Banknotes
« Reply #11 on: November 30, 2012, 06:50:40 PM »
FIJI will soon see a new series of banknotes and coins in circulation come January 2 next year. The new-look currency will prominently feature local flora and fauna designs, replacing the portrait of Queen Elizabeth II across all denominations. Reserve Bank of Fiji (RBF) governor Barry Whiteside also revealed that a new $2 coin would be introduced to replace the $2 note in circulation.

"Work on the new series of notes and coins commenced in February 2010 during the United Nation's declared Year of Biodiversity, so it was most fitting to recognise this important theme and what better way than to do so in our national currency," Mr Whiteside said in a statement yesterday.

He said a currency design committee of eminent Fijians was approved by Prime Minister and Minister for Finance Commodore Voreqe Bainimarama to oversee the selection of the designs. Mr Whiteside said a number of the new flora and fauna designs selected were unique to Fiji. He said some belonged on the endangered species list and "all Fijians must be made aware of this fact and how critical it is to preserve our heritage".

Mr Whiteside said members of the British royal family had featured on the local currency since 1934 "and we are indeed grateful to have had the privilege of this association over the past 78 years". He said while it was sad to see the transition taking place, it was time to move forward and promote the country's own unique national treasure and the biodiversity that existed locally. President Ratu Epeli Nailatikau will unveil the new series with new front designs on December 12.

Source: Fiji Times - Queen off our notes

Offline malj1

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Re: Fiji to Get New Coins and Banknotes
« Reply #12 on: November 30, 2012, 10:31:34 PM »
Can I misquote you?

Quote
Mr Whiteside said members of the British royal family had featured on the local currency since 1934

Quote
He said some belonged on the endangered species list and "all Fijians must be made aware of this fact.

Quote
He said while it was sad to see the transition taking place, it was time to move forward

Sad to see them go.
Malcolm
Have a look at  my tokens and my banknotes.

Offline Bimat

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Fiji to Get New Coins and Banknotes
« Reply #13 on: December 03, 2012, 02:43:56 PM »
Anger over plan to remove Queen from Fiji money

Updated 3 December 2012, 18:42 AEST

Bruce Hill

A decision to remove images of the Queen from Fiji's currency has been met with outrage from the country's chiefs.

Fiji's Reserve Bank has announced plans to replace the monarch with images of Fijian flora and fauna.

The chiefs say the British royals were given the chiefly title of Tui Viti, and Elizabeth II is the Queen of Fiji, not just of Britain.

Adi Litia Qioniaravi has told Radio Australia's Pacific Beat the royals were still loved by most Fijians.

"[It has] been met with great shock and much sadness [as] the royal family is held in very high regard and passion by Fijians," she said.

"I don't think that the significance of the royal household of Windsor to the original Fijians is clearly understood now.

"I'm saying this because our high chiefs had given the highest position of chief of Fiji - the head chief of Fiji - to the royal household."

One of Fiji's paramount chiefs, Ro Teimumu Kepa, who heads the Burebasaga Confederacy, said in a statement that she was very disappointed there was no consultation over the decision.

She says the Queen's image on banknotes and coins have been part of Fiji since the island was ceded to Queen Victoria in 1874, and even in the wake of independence, the Queen is still held in the highest regard by the people of Fiji.

Ro Teimumu Kepa says it is disappointing that such changes can be made unilaterally without a reason being given.

National symbols

Former opposition leader Mick Beddoes says he is also opposed to the change.

He says the real problem is that the unelected government of Commodore Frank Bainimarama has no right to make such decisions about national symbols.

"Why now, given that we are not operating in a democratic environment?" he said.

"These kinds of decisions - especially the fact that it is a symbolic matter of the Queen, and by association our chiefs and the people of Fiji - this I would have imagined is a matter for the elected representatives of the people.

"This is certainly not a matter that an unelected regime... and the institutions that are currently operating under its control, to make such decisions - I don't believe that they have a right, and frankly they don't have a mandate."

The man who led Fiji's first coup in 1987, General Sitiveni Rabuka, says the move is an attempt to deny an important part of Fiji's historical identity.

"It is a childish way of trying to forget our historical connections with those that were responsible for founding this nation," he said.

"In 1970 we became independent, but Australia, New Zealand and Canada were independent before us and they still use the Queen's head on their currency.

"We have forgotten the colonial past - we are now moving to the future, but there are certain things we cannot change - we can remove the Queen's head but that doesn't me we erase our history."

Source: Radio Australia
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Online <k>

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Re: Fiji to Get New Coins and Banknotes
« Reply #14 on: December 03, 2012, 03:22:29 PM »
The coins and banknotes are ready for release, so it is too late to complain now. A few overseas countries still have the Queen as their monarch, but in the coming decades this number will decline, as these countries decide that it is time to move on. Sometimes British politicians are apt to give themselves imperial airs that are no longer appropriate in modern times, because of such international influence, so perhaps it is time that Britain moved on too.