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Our New $2 coins Here: Governor Whiteside

The Reserve Bank of Fiji has received the shipment of the new $2 coins, Governor Barry Whiteside has confirmed. Mr Whiteside said these will be put into circulation after the
21 Oct 2014 12:27
Our New $2 coins Here: Governor Whiteside
Minister for Agriculture, Waterways, Environment, Rural and Maritime Development, Mahendra Reddy commissions the new hot air, drier and de-husking machine. Photo: Supplied

The Reserve Bank of Fiji has received the shipment of the new $2 coins, Governor Barry Whiteside has confirmed.

Mr Whiteside said these will be put into circulation after the RBF has done an advertising campaign educating the people.

“We are in the process of starting that campaign but we want to ensure the public is fully aware of the new coin that comes out,” he said.

The Reserve Bank of Fiji will withdraw the existing $2 coins as soon as it issues the new ones.

While Mr Whiteside said he could not reveal the cost of the new coins, he said the Royal Canadian Mint were kind enough to give an extremely good deal on the new coin.

“In fact they bore the brunt of the cost,” he said.

 

The differentiation

Mr Whiteside said the new version of the $2 coin is bigger than the existing one.

The $2 coin had to be changed as complaints were raised that people could not differentiate between the $2 and $1 coins.

Mr Whiteside said this was because many people did not understand there were difference between the edges.

This was something the RBF had taken into account and decided to enlarge the $2 coin.

Feedback: rachnal@fijisun.com.fj

 

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