The history of banknotes in Kiribati is relatively short, as this Pacific island country gained its independence in 1979. Since then, Kiribati has used the Australian dollar as its official currency, which means that it does not issue its own banknotes.
Current banknotes in circulation
Currently, the banknotes in circulation in Kiribati are the same as those used in Australia. These include denominations of 5, 10, 20, 20, 50 and 100 Australian dollars. Australian banknotes are known for their colorful design and advanced security features, such as transparent windows and holographic elements.
Old banknotes and relevant facts
Prior to independence, Kiribati was part of the Gilbert and Ellice Islands, a British protectorate. During this period, banknotes issued by the Government of the Gilbert and Ellice Islands were in use. These bills, now considered collector's items, were replaced by the Australian dollar after independence. An interesting fact in Kiribati's notafilia is that, despite not issuing its own banknotes, the country has issued commemorative coins on special occasions, thus contributing to its numismatic heritage.
