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Since 1966, the official currency of tuvalu is the australian dollar, with australian banknotes having been in use prior to and after independence [2][3] $1, $2, and $10 notes were originally the only denominations sent, but $5 and higher denominations have since come into use. The local currency of tuvalu is the australian dollar, with tuvaluan coins featuring queen elizabeth ii on one side and local marine life (turtles, octopus, flying fish) on the other. On 1 october 1978, tuvalu became fully independent as a sovereign state within the commonwealth, and is a constitutional monarchy with king charles iii as king of tuvalu On 5 september 2000, tuvalu became the 189th member of the united nations. Get the latest 1 tuvaluan dollar to us dollar rate for free with the original universal currency converter The australian dollar has been the official currency of tuvalu since 1966 The tuvaluan dollar is just a variation of the australian dollar and uses the currency code of tvd Unlike most other sovereign nations of the world, tuvalu lacks a central bank or central monetary institution. The currency in tuvalu is the australian dollar As the official legal tender in tuvalu, the australian dollar is officially recognized by the tuvaluan government, meaning you can use it to settle all financial obligations in the country, including paying for goods, services, taxes, and debts. The tuvaluan dollar was established in 1976 as an official national currency and is used only in tuvalu It replaced the previously valid australian dollar 1 dollar is devided into 100 cents. The official currency is the tuvaluan dollar ($, tvd), which is pegged 1:1 with the australian dollar Hence, australian dollars are universally accepted at par in tuvalu. The tuvaluan dollar (tvd) is the official currency of tuvalu While it has its own banknotes and coins, its value is directly tied to the australian dollar, meaning 1 tvd equals 1 aud. Tvd currency refers to the currency used in the country of tuvalu The official currency of tuvalu is the tuvaluan dollar (tvd), which is also known as the tuvalu dollar.