Pa'atuan pound

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The Pa'atuan pound (Ŧ£) is the official currency of Pa'atua. It is issued by the tiny Bank of Pa'atua. At the current rate of exchange, Ŧ£1 is worth about €0.25.

The currency is little used. Many Pa'atuans rely on subsistencee production and exchange, with no use for money. The country's main source of income are remittances from expatriates.

Coins are issued with values of 10 pence, 50p, £1 and £2. Coins depict the country's only church building on one side, and an oyster on the other, thus reflecting the country's two religions co-existing in harmony... literally as the two sides of the same national coin. Banknotes have values of £5, £10, £20 and £100 (c.€25). Both sides of each banknote (in shades of green) depict a sunset over the lagoon, with two traditional canoes on the water.

The government has announced that it will stop producing currency once the population is evacuated from the country. Existing notes and coins will still be legal tender, however, alongside the national currency of whichever country houses the Pa'atuan climate refugees.



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