Marshall Islands Banknotes Catalog
The Marshall Islands, an island country located in the Pacific Ocean, has a unique monetary history that reflects its colonial past and subsequent independence. Over the years, the banknotes used in this archipelago have undergone significant changes, from the adoption of foreign currencies to the issuance of its own currency.
Current banknotes in circulation
Currently, the Marshall Islands uses the U.S. dollar as its official currency. This means that the banknotes in circulation are the same as those used in the United States, including denominations of $1, $5, $10, $20, $50 and $100. This decision to adopt the U.S. dollar was made after the country's independence in 1986, with the aim of maintaining economic stability and facilitating trade relations with its main economic partner.
Old banknotes and relevant facts
Prior to the adoption of the U.S. dollar, the Marshall Islands used various currencies throughout its history. During the period of Japanese administration (1914-1944), the Japanese yen was used. Later, under U.S. administration after World War II, the Pacific Island dollar was introduced. An interesting fact in Marshall Islands notafilia is the issuance of commemorative banknotes in 1979, celebrating the formation of the constitutional government. These bills, although limited legal tender, are now highly prized collector's items by numismatic enthusiasts.
Country | Marshall Islands |
Flag | |
Coin | United States dollar (USD) |
1€ | 1,05$ |
Continent | Oceania |
Capital city | Majuro |
ISO2 | MH |
ISO3 | MHL |
Catalogued banknotes | 0 |
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📌 Some countries such as Marshall Islands have adopted the $USD as their official coin. The banknotes shown may be older banknotes or belong to special series issues.
This country is currently part of the old banknotes of United States.
Valuable banknotes
The most valuable Marshall Islands banknotes sought after by collectors are the following: